The Effect of Integrated Warehouse Operation Efficiency on Organizations Performance
Mengistu Guliti Buba1, Debi Prasad Das2, Sanjaya Kumar Ghadai3, Anil Bajpai4
1Mr. Mengistu Guliti Buba, Research Scholar, School of Management, Kalinga Institute of Industrial Technology, Deemed to be University, Bhubaneswar, Odisha, India.
2Dr. Debi Prasad Das, Assistant Professor, School of Management, Kalinga Institute of Industrial Technology, Deemed to be University, Bhubaneswar, Odisha, India.
3Mr. Sanjaya Kumar Ghadai, Research Scholar, School of Management, Kalinga Institute of Industrial Technology, Deemed to be University, Bhubaneswar, Odisha, India.
4Dr. Anil Bajpai, Director, School of Management, Kalinga Institute of Industrial Technology, Deemed to be University, Bhubaneswar, Odisha, India.
Manuscript received on 14 March 2019 | Revised Manuscript received on 20 March 2019 | Manuscript published on 30 July 2019 | PP: 1664-1668 | Volume-8 Issue-2, July 2019 | Retrieval Number: B2461078219/19©BEIESP | DOI: 10.35940/ijrte.B2461.078219
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Worldwide several firms have suffered a lot of problems in inventory management which concerns their operational achievement. Good inventory management is a means to improve customer service and reduce stock. The objective of inventory management is to handle it in a most reasonable cost and remove the constant accumulations for continuous developments. This paper brings out how to assess the effect of integrated inventory management practices on organizations representation of some selected universities in Amhara region, Ethiopia. To remain competitive, inventory accounts needs a huge capital of an organization and must have a good management in the overall flow of resource from the initial purchase to final usage. Generally, the goal of every business is to hold little inventory and keep their business running. So, those universities in this region have hold a little inventory and make their organizations run well, even determine how much they do have in their store and determine for how long it will serve them.
Index Terms: Cost of Inventory, Inventory, Inventory Management, Warehouse.
Scope of the Article: High Performance Computing