THE EFFICACY OF HIGH PERFORMANCE INVENTORY CONTROL AND MANAGEMENT: A CASE OF SUANSUNANDHA RAJABAHT UNIVERSITY
Abstract
High performance inventory control and management is one of the most essential functions of campus of Suan Sunandha Rajabhat University. Nowadays, there are high demand and expectations of high performance and productivity from the aspects of controlling and overseeing purchases from both internal and external participants. Many methods of analysis Assessment of this area should be a 360 degree. Inventory control and management is growing very rapidly and becoming highly sophisticated under the era of disruptive technology. The objective of this study was to investigate the efficacy of high performance inventory control and management: a case of Suan Sunandha Rajabhat Univeristy. Comprehensive research study was conducted to gain a better understanding of the insight of this issue. A method of qualitative research technique was utilized to obtain the findings of this study. An in-depth interview was used to collect data from 15 people whom were chosen randomly from variety of department. The findings revealed that the major focus of the inventory control and management included cost reduction, optimize fulfillment, strong integrity of financial process. Moreover, the focus group offered their opinions that there were five important factors to enhance the efficacy of high performance inventory control and management in campus. These factors include the use of new software applications, regular training sessions, effective ways of monitoring and gaining feedback, providing better customer services, and using proper assessment tools and techniques.