Implementation of EIS

A study at Malaysian SMES

A. R. Ismail, E. Hashim, Jaharah A Ghani, Rozli Zulkifli, N. Kamilah, Mohd Nizam Ab Rahman

Research output: Contribution to journalArticle

2 Citations (Scopus)

Abstract

Inventories are stockpiles of raw materials, supplies, components, work in process and finished goods that appear at numerous points throughout a firm's production and logistics channel or supply chain. Inventories are often found in warehouses, yards, shop floors, transportation equipment and on retail store shelves. Managing inventories presents a variety of management problem types. With inventory management methods, the conditions of demand level and its variability, lead time and its variability, and costs are known and that is the most important to establish an efficient inventory management to counter all the given conditions. This case study shows how an effective inventory system (EIS) is implemented at a small and medium size company and its effect to return of investments (ROI). Taking IQM Limited as an example, the implementation of inventory system at one of the automotive vendor company in Malaysia was studied. Information gathering and data collection were conducted by interview and observation. Information such as procedures, forecasts, documents etc were gathered and the data such as financial data, sales, price, inventory, etc were analyzed to point out the effect of implementing the EIS to the return of investment. The EIS would enhance the organization performance and maximize the return of investments.

Original languageEnglish
Pages (from-to)215-223
Number of pages9
JournalEuropean Journal of Scientific Research
Volume30
Issue number2
Publication statusPublished - 2009

Fingerprint

Inventory Systems
Inventory Management
Equipment and Supplies
Retail stores
Warehouses
Sale price
Supply chains
Malaysia
Financial Data
Logistics
Industry
Sales
Raw materials
Supply Chain
Forecast
Maximise
Costs
supply chain
sales
raw materials

Keywords

  • Effective inventory system (EIS)
  • Inventory turnover
  • Return of investments (ROI)

ASJC Scopus subject areas

  • General

Cite this

Implementation of EIS : A study at Malaysian SMES. / Ismail, A. R.; Hashim, E.; A Ghani, Jaharah; Zulkifli, Rozli; Kamilah, N.; Ab Rahman, Mohd Nizam.

In: European Journal of Scientific Research, Vol. 30, No. 2, 2009, p. 215-223.

Research output: Contribution to journalArticle

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