The development of an online monitoring system for inventory control considering cultural value influences

Muhamad Nazri, Muhammad Fakhrul Haziq (2024) The development of an online monitoring system for inventory control considering cultural value influences. Project Report. Universiti Teknikal Malaysia Melaka, Melaka, Malaysia. (Submitted)

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Abstract

Inventory management is a key part of a company's supply chain and processes. It is also important to the success of companies in a wide range of industries. Inventory management includes buying, keeping, and handling items. The main goal of inventory management is to get the right items at the right place, at the right time, and in the right amount. The conventional approach to inventory management is predicated upon the utilisation of manual counting techniques, which are susceptible to human error. This not only results in delays in updating inventory records, but also introduces the possibility of inaccuracies in the data collected in relation to the data extant. This study using cultural values to guide the use of internet of things (IoT) in stock control. Based on the findings of this research, a prototype of an online monitoring system for inventory management that takes cultural values into account will be created. By using SmartPLS, the correlation between factor of developing IoT in inventory management and cultural value can be determine. The development of prototype can be achieve based on the result.

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