The Inventory Management of Aluminum Manufacturing Companies in Valenzuela City

Abstract

The study was intended to assess the effectiveness of inventory management practices in the aluminum industry of Valenzuela City. The study revealed that out of the six aluminum manufacturing companies in Valenzuela City, only one company had an ISO 9001-2015 accreditation. Half, or 50%, of these companies were in the business for 21-30 years with 150-200 employees and an average capitalization of P 57,000,000 –84,000,000. The inventory management in terms of logistics, staffing and organizing, was effective; the inventory management specifically on planning, staffing, and organization, inventory process of supplies and finished goods, warehousing, logistics, and the system was also useful. Although there were significant differences on warehousing when respondents were grouped by age; system and storage when arranged by the number of years employed and in staffing and organizing, system and warehousing when grouped by job position level still majority of the indicators when grouped by profile were statistically the same. This means that most of the variables had no significant difference in the respondents’ assessments when grouped by age, sex, number of years employed, highest educational attainment, job position level and average number of training sessions/ seminars attended for the last three years.