Inventory Control Practices of Micro Enterprises within the Vicinity of Antipolo Cathedral

Abstract

The objective of this study is to assess the effectiveness of inventory control practices of micro enterprises within the vicinity of Antipolo Cathedral. This study made use of the descriptive research method with the survey questionnaire as its instrument. The researcher-developed questionnaires were distributed to 150 managerial and rank and file employees of micro enterprises within that area. The method of frequency and percentage distribution, weighted mean, ANOVA and ranking were used to analyze and interpret the data gathered. The study reveals that majority of the respondents were rank and file employees employed in the company for less than 2 years who have 2 years inventory control involvement in the company with 4 or more years inventory control exposure and have not attended any trainings on inventory control practices within the last 3 years. The areas of purchasing from suppliers, receiving inventories from suppliers, warehousing and delivery of inventories were assessed as "Effective". Thus, the most effective inventory control methods may vary from company to company and even for individual item categories but the most common, popular and widely used is the ABC inventory system.