Title

Inventory difference problem creating high wastage and low profitability :

Degree

Master of Business Administration Executive

Faculty / School

Faculty of Business Administration (FBA)

Year of Award

Spring 2020

Project Type

MBA Executive Research Project

Access Type

Restricted Access

Keywords

Inventory management | Inventory control

Executive Summary

The initial objective is to identify and highlight those shops and their processes which contribute most in increase in inventory difference and increase in wastage, by reducing these wastage and inventory difference we can also obtain free space which was previously occupied by waste storage. Th project will help us achieving our following objectives to bring continuous improvement in inventory management process: 1- Eliminate inventory differences. 2- Focus on wastage reduction 3- Effective space utilization. Methodology: To conduct primary research on inventory difference issue, initially project team developed questionnaires and then conducted interviews from the top management .

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