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Title: INVENTORY MANAGEMENT PRACTICES OF A HOME-GROWN COFFEE BUSINESS:
A ROADMAP FOR ATTAINING SUSTAINABLE COMPETITIVE ADVANTAGE
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Authors: Judy Ann O. Ferrater-Gimena, Amabella Grace Siaton, Christopher Biore, Joycelyn D. Forzado, Victoria U. Sy
and Yolanda C. Sayson |
Abstract: Inventory management practices deal with the processes of maintaining, controlling, monitoring, and
tracking inventory mobility from acquisition to final disposition to ensure the upkeep of optimum
stock levels to meet production goals and customer demands. Since a business' inventory is a
significant asset, adopting effective and efficient inventory management practices is imperative to
ensure the sustainable operations of a firm. Sustainability is a core operating value of the business
sector, including the coffee industry, to stabilize operations and boost inventory investment. This
paper explores the effectiveness of the inventory management practices adopted by a homegrown
coffee business in attaining a sustainable competitive advantage to ensure the company's viability.
These concerns are crucial to enhance the entity's continuity, thereby justifying the conduct of this
study. |
Keywords: Home grown coffee business, inventory management practices, roadmap, sustainable
competitive advantage, viability |
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