Common Inventory Related Problems. A Study on Manufacturing

Santhirasegaran Nadarajan, Kamarul Irwan bin Abdul Rahim and Ezanee Bin Mohamed Elias
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Santhirasegaran Nadarajan: School of Technology Management & Logistics, Universiti Utara Malaysia, Kedah. Malaysia
Kamarul Irwan bin Abdul Rahim: School of Technology Management & Logistics, Universiti Utara Malaysia, Kedah. Malaysia
Ezanee Bin Mohamed Elias: School of Technology Management & Logistics, Universiti Utara Malaysia, Kedah. Malaysia

International Journal of Research and Innovation in Applied Science, 2021, vol. 6, issue 9, 85-87

Abstract: The objective of this paper is to explore and reveal the most common inventory issues faced by industries particularly the manufacturing sector. Dealing with anticipated stock outs, surplus of stocks, abnormal stocks, inaccurate inventory data, replenishment issues, supplier’s commitment and poor forecasting.This paperadds value to the industrialist and practioners on the most remarkable issues pertaining to managing inventory especially addressing and dealing with the most common issues in the multinational company’s warehouse.

Date: 2021
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