Inventory management system in Packages limited Pakistan

Abstract

Inventory management plays an important role in a business, especially in businesses, with the export and import of products. Issues in inventory management can cause disruptions in supply chain. Packages is a well-known hosiery printing company of Pakistan which has national and international clients. They have a very well relation with their clients and with their suppliers in case of requesting items for manufacturing processes. The supply chain of any organization requires a proper implementation and a proper control of inventory so that there is no hurdle at any time of finishing product. This research shows how inventory issues can cause problems in overall supply chain management. A perfect supply chain can enhance the company output and a supply chain with problem can affect the company’s output. In Packages there are inventory issues that are causing disruptions in supply chain which are imprecise inadequate forecasting, large inventory volumes and incorrect stock information and spread sheet and manual inventory trailing. In this research I have used primary and secondary method in which I have interviewed the procurement managers to get knowledge of all the inventory management issues and how they are managing their inventory. At the end I have recommended some solutions to the problems of Packages.