INVENTORY MANAGEMENT AMONG SELECTED

FOOTWEAR STORES IN

TAGBILARAN CITY

BETONIO, KATHLEEN ROSE

By:IGCALINOS, GINAHONGAYO, CHARLENE MAELAGRIA, CHERRY LYN

THE PROBLEM AND ITS SCOPE

RATIONALE

Some goals of a business to attain as an organization: (Lopez (2010))•Business must have methods and procedures that offer ample flexibility to meet unusual and sometimes unreasonable demand on their resources-personnel, facilities, and operations.

•Business must keep a careful rein on their inventories.

is to turnover inventory as quickly as possible without losing sales from stock

outs. is to turnover inventory as quickly as possible without losing sales from stock

outs.

Inventory Management

RATIONALE

•can help business be more profitable by lowering their cost of goods sold and/or by increasing sales.

It’s Objective:

•Is to turnover inventory as quickly as possible without losing sales from stock outs.•To provide uninterrupted production, sales, and customer-service levels at the minimum cost.

is to quickly as possible without losing sales from stock outs. is to turnover

inventory as quickly as possible without losing sales from stock outs.

RATIONALE

•Footwear stores could be in manufacturing type of business or in a retailing business.

•They provide the customers with convenient and satisfactory customer service through selling various types and kinds of footwear.•With the comings and goings of major events and the changing trends, footwear stores have inventories at hand and may result to failure of the business.• Footwear store retailers are always faced with the need to know as to when to restock particular item that remained stagnant in the inventory.

STUDY DIAGRAM

CARTER’s INVENTORY

MANAGEMENT

ProfileInventory

Management used

Problems Encountered

Footwear stores of Tagbilaran City

Possible Solutions to problems Encountered

What is the inventory method used?

STATEMENT OF THE PROBLEM

? The study aims to determine the inventory method used by the selected footwear stores in Tagbilaran City.

1. What is the profile of the footwear’s in terms of length of existence; and type of business?

2. What is the inventory method used?

3. What problems were encountered in their current inventory management system?

STATEMENT OF THE PROBLEM

?4. What are the necessary actions in responding to problems encountered?

Research Design

METHODOLOGY

•descriptive method of research

Research Procedure

•Gathering of Data

The data collected were tabulated and analyzed. Analysis of data are guided by percentage.

P =__ y__ N

The questionnaire is distributed to each of the four (4) selected footwear stores of Tagbilaran City

•Treatment of Data

where: y= data gatheredn= no. Of respondentsP= percentage

THANK YOU!!!

^.^