Open AccessABC Analysis: A Qualitative Case Study on Inventory Management in Giant Superstore Taman Connaught, An Outlet Of GCH Retail (Malaysia) SDN. BHD.
Author(s) -
Shamani Jayakumaran,
Wong Zi Shan,
Dazmin Daud
Publication year - 2020
Publication title -
iop conference series. materials science and engineering
Language(s) - English
Resource type - Journals
eISSN - 1757-899X
pISSN - 1757-8981
DOI - 10.1088/1757-899x/780/7/072016
Subject(s) - product (mathematics) , operations management , business , inventory management , marketing , qualitative analysis , operations research , qualitative research , engineering , mathematics , social science , geometry , sociology
This study aimed to understand the inventory management of Giant Superstore Taman Connaught. The study was qualitative study that explored the ABC analysis efficiency of inventory management in Giant Superstore, Taman Connaught an outlet of GCH Retail (Malaysia) SDN. BHD. ABC analysis was one method to manage the inventory management who good position was arranged according to the category such as A category product was high in value but low in quantity and C category product was low in value and high in quantity. The elements that were selected as significance included the product consumption rate, carrying cost and replenishment product lead time which contributed toward ABC analysis of inventory management efficiency in Giant Superstore. The study indicated dissimilarities in controlling the inventory in Giant superstore. The study found Giant had used POM.net in their inventory management since this software from ABC tool. HR manager needs to recruit quality skilled workers that have proper qualifications and acceptable for particular job duties.