EPM Inventory Practices

Mr Tim is a Certified Optometrist with 15 years of work experience in the optical industry. He has been working with EPM for more than 5 years. As the Manager of EPM, he oversees the outlet operations by directing optical services, managing inventories and repairing and adjusting eyewear. Mr Tim i...

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Main Authors: Chandren, Sitraselvi, Nadarajan, Santhirasegaran
Format: Conference or Workshop Item
Language:English
Published: 2022
Subjects:
Online Access:https://repo.uum.edu.my/id/eprint/30665/1/7th%20ICSC%202022%206-10.pdf
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author Chandren, Sitraselvi
Nadarajan, Santhirasegaran
author_facet Chandren, Sitraselvi
Nadarajan, Santhirasegaran
author_sort Chandren, Sitraselvi
collection UUM
description Mr Tim is a Certified Optometrist with 15 years of work experience in the optical industry. He has been working with EPM for more than 5 years. As the Manager of EPM, he oversees the outlet operations by directing optical services, managing inventories and repairing and adjusting eyewear. Mr Tim is aware of the competitive nature of the eyewear industry. An effective inventory management will be a good solution to attain competitive advantage to outperform its competitors particularly for small medium enterprises. The inventory practices are evaluated from the point of inventory arrival to the outlets until it is sold to customers. The inventory practices should be evaluated based on inventory recording, planning (holding level, reorder level and safety stock), software system and safety measures. Thus, Mr Tim had to prioritize the evaluation of the current inventory practices as inventory management is crucial for the EPM business profitability. This is an evaluation case. This case is suitable for Inventory Management, Production & Operation Management and Financial Accounting subjects.
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spelling uum-306652024-04-02T08:50:48Z https://repo.uum.edu.my/id/eprint/30665/ EPM Inventory Practices Chandren, Sitraselvi Nadarajan, Santhirasegaran HF Commerce Mr Tim is a Certified Optometrist with 15 years of work experience in the optical industry. He has been working with EPM for more than 5 years. As the Manager of EPM, he oversees the outlet operations by directing optical services, managing inventories and repairing and adjusting eyewear. Mr Tim is aware of the competitive nature of the eyewear industry. An effective inventory management will be a good solution to attain competitive advantage to outperform its competitors particularly for small medium enterprises. The inventory practices are evaluated from the point of inventory arrival to the outlets until it is sold to customers. The inventory practices should be evaluated based on inventory recording, planning (holding level, reorder level and safety stock), software system and safety measures. Thus, Mr Tim had to prioritize the evaluation of the current inventory practices as inventory management is crucial for the EPM business profitability. This is an evaluation case. This case is suitable for Inventory Management, Production & Operation Management and Financial Accounting subjects. 2022 Conference or Workshop Item PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/30665/1/7th%20ICSC%202022%206-10.pdf Chandren, Sitraselvi and Nadarajan, Santhirasegaran (2022) EPM Inventory Practices. In: 7th International Case Study Conference, 13 - 15 September 2022, Raia Hotel & Convention Centre, Terengganu, Malaysia.
spellingShingle HF Commerce
Chandren, Sitraselvi
Nadarajan, Santhirasegaran
EPM Inventory Practices
title EPM Inventory Practices
title_full EPM Inventory Practices
title_fullStr EPM Inventory Practices
title_full_unstemmed EPM Inventory Practices
title_short EPM Inventory Practices
title_sort epm inventory practices
topic HF Commerce
url https://repo.uum.edu.my/id/eprint/30665/1/7th%20ICSC%202022%206-10.pdf
work_keys_str_mv AT chandrensitraselvi epminventorypractices
AT nadarajansanthirasegaran epminventorypractices