Author

  • Adisak Suvittawat

    • Burapha University, International College, Thailand
    • Thailand

Abstract

The objective of this research is finding the variables which effect on entrepreneurs’ inventory management in eastern part of Thailand. The entrepreneurs have been identified in 2 difference sizes, large and small as the inventory management variables must be different. The results show that inventory management of large size were accepted by the entrepreneurs are space utilization, product sample, product feature differentiation, effective inventory management system, inventory management objective, effective inventory picking system, inventory cost reduction, regular problem happen, effective IT system and specific soft ware for inventory management. The results show that inventory management of small size were accepted by the entrepreneurs are specific soft ware for inventory management, effective IT system, inventory management objective, effective inventory picking system, regular problem happen, product feature differentiation, inventory cost reduction, product sample, space utilization and effective inventory management. Inventory management in small firm and big firm has significantly priorities as the big firms have advantage in space utilization but need specific soft ware for inventory management due to big firms have more products or inventories items than small firms.

Keywords

References

  • Chen, C. H. & Yeh, C. C. (2013). Study on Inventory Policies for The On-line Shopping Company with Quick Response Service. Applied Mechanics and Materials , 2, 411-414.
  • Ferrara, A., Gebennini, E., Grassi, A. & Rimini, B. (2014). An Optimization Model for the Design of Rack Stroage Systems. IIE Annual Conference and Expo , 2, 2540-2549.
  • Gebennini, E., Grassi, A., Rimini, B. & Gamberini, R. (2011). A Multi-Item Multi-Rack Approach for Designing LofoStroage Systems: A Case Study From The Food Industry. 10 th International Conference on Modeling and Applied Simulation, MAS 2011, Held at the International Mediterranean and Latin American Modeling Multiconference, 13M 2011, Roam;Italy, 437-441.
  • Gu, J., Zhang, G. & Li, K. W. (2015). Effective Aircraft Spare Parts Inventory Management under Demand Uncertainty. Journal of Air Transport Management , 42(1), 101-109.
  • Gundogar, E., Yilmaz, A. & Erkayman, B. (2014). A Solution Approach to a Synchronisation Problem in a JIT Production System. Production Planning and Control , 25(12), 990-998.
  • Jian-yu, K., Dresner, M. & Yuliang, Y. (2014). An Empirical Analysis of the Impact of Fuel Costs on the Level and Distribution of Manufacturing Inventory in the United States. Transportation Journal ( PennsylvaniaStage University Press , 53(1), 5-25.
  • Lancaster, M. (2000). Inventory Control. Businessdate , 8(3), 8-9.
  • Tippayawong, K.Y., Sopadang, A. & Patitad, P. (2013). Improving Warehouse Layout Design of A Chicken Slaughterhouse Using Combined ABC Class Based and Optimized Allocation Techniques. Lecture Notes in Engineering and Computer Science , 1, 479-483.
  • Peng, Z. P. (2014). Analysis and Design of Supply Chain Inventory Management System Under Internet of Things Environment. Advance Materials Research , 3, 989-994.
  • Wilson, H. W. (1996). Orderpicking productivity takes good planning. Modern Materials Handling , 56, 2022.

Downloads

No downloads have been recorded for this article yet. Figures appear here once readers begin downloading the full text.

How to Cite

Suvittawat, A. (2015). Effective Inventory Management of Entrepreneurs in Eastern Part Thailand: 10 Big Questions. Information Management and Business Review, 7(1), 67-71. https://doi.org/10.22610/imbr.v7i1.1140

Share this article

License

Copyright (c) 2015 Adisak Suvittawat (Author)

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Author (s) should affirm that the material has not been published previously. It has not been submitted and it is not under consideration by any other journal. At the same time author (s) need to execute a publication permission agreement to assume the responsibility of the submitted content and any omissions and errors therein. After submission of revised paper in the light of suggestions of the reviewers, the editorial team  edits and formats manuscripts to bring uniformity and standardization in published material.

This work will be licensed under Creative Commons Attribution 4.0 International (CC BY 4.0) and under condition of the license, users are free to read, copy, remix, transform, redistribute, download, print, search or link to the full texts of articles and even build upon their work as long as they credit the author for the original work. Moreover, as per journal policy author (s) hold and retain copyrights without any restrictions.

Keywords

Section

Research Paper

Published in

Vol. 7 No. 1 (2015) Trade Finance, Brand Communities & Agribusiness View issue contents

Published

2015-02-28

Submissions

Have research to publish? Information Management and Business Review welcomes submissions.

Make a Submission