EFFICIENCY IMPROVEMENT OF INVENTORY MANAGEMENT FOR COMMUNITY ENTERPRISE GROUP WITH ABC ANALYSIS

Abstract

Abstract—At present, Business marketing is fiercely competitive. From this situation, it affects the product manufacturers because customers can choose to use the service of a product manufacturer that can efficiently respond to their own needs. which all types of businesses have warehouses for production or sales activities are going smoothly. This research will discuss what can help manage a lot of inventory of community enterprises group in Udonthani province more efficiently by ABC analysis to separate the category of products into groups according to the value of products that turn around in the year into 3 groups, namely Group A, Group B and Group C in order of importance. which the research result, the annual inventory value of Group A , B and C are 249,500 baht , 221,200 baht and 141,200 baht respectively. And the inventory value of Group A, B and C are 40.77 % , 36.15% and 23.08 % respectively. Thus, classifying inventory, it helps inventory executives or responsible people of community enterprises group can arrange order importance of product for define policy to control inventory for each group, resulting in saving time in inventory control and also save money that over necessary of community enterprise group to create maximum benefits.