Assessing the Inventory Management Practices of Milktea Shops in Nueva Vizcaya

Aedine Joy I. Abando, Strawberry Winona T. Agnahe, Crystel Kaye G. Sarinia, Ady F. WTestado, Timmangao Jr. Barris T. and John Lindy R Soriano
Additional contact information
Aedine Joy I. Abando: Bachelor of Science in Accountancy and Bachelor of Science in Management Accounting, Faculty of the School of Accountancy and Business, Saint Mary’s University Bayombong, Nueva Vizcaya
Strawberry Winona T. Agnahe: Bachelor of Science in Accountancy and Bachelor of Science in Management Accounting, Faculty of the School of Accountancy and Business, Saint Mary’s University Bayombong, Nueva Vizcaya
Crystel Kaye G. Sarinia: Bachelor of Science in Accountancy and Bachelor of Science in Management Accounting, Faculty of the School of Accountancy and Business, Saint Mary’s University Bayombong, Nueva Vizcaya
Ady F. WTestado: Bachelor of Science in Accountancy and Bachelor of Science in Management Accounting, Faculty of the School of Accountancy and Business, Saint Mary’s University Bayombong, Nueva Vizcaya
Timmangao Jr. Barris T.: Bachelor of Science in Accountancy and Bachelor of Science in Management Accounting, Faculty of the School of Accountancy and Business, Saint Mary’s University Bayombong, Nueva Vizcaya
John Lindy R Soriano: Bachelor of Science in Accountancy and Bachelor of Science in Management Accounting, Faculty of the School of Accountancy and Business, Saint Mary’s University Bayombong, Nueva Vizcaya

International Journal of Research and Innovation in Social Science, 2024, vol. 8, issue 11, 2919-2940

Abstract: A successful firm in the food and beverage sector must have an efficient inventory management system in place in order to be profitable. It is of critical importance in maintaining the availability of goods, reducing costs, and maximizing the level of pleasure experienced by customers. In recent years, milktea businesses have seen tremendous popularity growth, notably in a number of communities located within the province of Nueva Vizcaya. This study aimed to determine the inventory management practices of milktea shops in selected municipalities of Nueva Vizcaya, namely Solano and Bayombong where most of the registered opened milktea shops are located, for the second semester S.Y. 2024 – 2025. Descriptive-quantitative research design was used to determine the profile variables of the milktea shops owners or managers in their level of inventory management practices in selected municipalities of Nueva Vizcaya in terms of ordering, receiving, storing, delivery, packaging and spoilage., The owners/managers of milktea shop businesses in selected municipalities of Nueva Vizcaya were assessed in terms of their inventory management practices because they have direct control and direct supervision over their inventory. A survey questionnaire was used to get information from a total of 16 selected respondents who are the managers or owners of the milktea shops. The study revealed that milktea shops in Nueva Vizcaya exhibit strong inventory management practices across various dimensions, ensuring product quality and operational efficiency. These practices are consistent across different business profiles, highlighting a standardized approach within the industry.

Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.rsisinternational.org/journals/ijriss/ ... sue-11/2919-2940.pdf (application/pdf)
https://rsisinternational.org/journals/ijriss/arti ... ps-in-nueva-vizcaya/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bcp:journl:v:8:y:2024:i:11:p:2919-2940

Access Statistics for this article

International Journal of Research and Innovation in Social Science is currently edited by Dr. Nidhi Malhan

More articles in International Journal of Research and Innovation in Social Science from International Journal of Research and Innovation in Social Science (IJRISS)
Bibliographic data for series maintained by Dr. Pawan Verma ().