The influence of inventory management practices on operational efficiency: A study on Saudi Almarai diary company.

Mohammed Nasser, Yousef Ahmed (2023) The influence of inventory management practices on operational efficiency: A study on Saudi Almarai diary company. Project Report. Melaka, Malaysia, Universiti Teknikal Malaysia Melaka. (Submitted)

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Abstract

There have been studies on the effect of inventory management techniques on operational effectiveness: a case study of the Saudi Arabian enterprise Almarai. Dairy production companies such as Almarai are seen to be failing as a result of inefficient management techniques. This study utilized a survey to ascertain the inventory-management procedures of Saudi Arabia-based Almarai firm and to assess the efficacy of the inventory-management techniques currently employed by these companies. In particular, the research will identify any obstacles that the Almarai firm faces as a result of its existing inventory management techniques. The absence of research on the inventory management procedures of the Almarai corporation prompted this investigation. Moreover, the researcher received 355 respondents through a Google survey from Almarai corporation and analyzed the respondents' data with the software SPSS by quantitative method. the survey found that the majority of Almarai companies employed the "Rule of Thumb" as an inventory-management method. Regarding the effectiveness of the used procedures, the survey indicated that the Almarai corporation was regarded to be fairly effective, with the company employing inventory management strategies such as Just in Time (JIT), and First in, First Out (FIFO). The findings indicated that fraud, scarcity of inventory, mistakes owing to incompetent employees, physical inventory not matching up with records, and an inability to keep up with consumer demand were among the most significant issues posed by Almarai's present inventory-management processes. This research contributes to the existing literature on the inventory management procedures of the Almarai firm and fills a knowledge gap on this under-researched area. The findings of this study will enlighten the decision-makers of Almarai organization regarding the best practices and diverse inventory-management tactics that are vital to the survival of their businesses and have been used by their competitors. This should enable them to evaluate their own inventory management methods and select whether to improve, modify, or preserve the current technique. This research will inform future intervention strategies designed to improve the survival rates of these dairy manufacturing enterprises. This might take the form of the creation of short courses to assist the Almarai company in enhancing its inventory-management practices.

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