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EVALUATING THE INFLUENCE OF INVENTORY MANAGEMENT PRACTICES

ON THE PERFORMANCE OF SMALL BUSINESS

We, the 3rd year college from EMILIO AGUINALDO COLLEGE – CAVITE, taking up BACHELOR
OF SCIENCE IN BUSINESS ADMINISTRATION MAJOR IN OPERATIONS MANAGEMENT are
conducting research, entitled "EVALUATING THE INFLUENCE OF INVENTORY MANAGEMENT
PRACTICES ON THE PERFORMANCE OF SMALL BUSINESS" The purpose of this study is to determine
the influence of inventory management practices on the performance of small business. In this note, we
would like you to be one of our participants for this study. We are respectfully asking for your permission
and full cooperation by answering one of our questionnaires.

Thank you and God Bless!

I agree to participate in the above-described research study. I have received a copy of this consent form

I hereby give my consent to participate in the above-mentioned survey. I am aware that my participation
is voluntary and that I may withdraw from the survey at any time without giving any reason. I am aware
that the collected data will be used for research purposes only and will be treated confidentially.

__________________________________
Signature over printed name/Date

Name of business (Optional): __________________________

Number of years in the business:

(J) 7 years (J) 8 years (J) 9 years (J) 10 years (J) More than 10 years _______

Type of Business:

(J) General Merchandising (J) Manufacturing

Owner Highest Educational Attainment:

(J) Elementary Education (J) High School Education (J) College Education

Instruction: Please indicate your level of agreement or disagreement witch each of the statements below,
place a check mark (✓) in the box of your choice.

Panuto: Mangyaring ipahiwatig ang iyong antas ng pagsang-ayon o hindi pagkakasundo sa bawat isa sa
mga pahayag sa ibaba, lagyan ng tsek (✓) sa kahon na iyong pinili.
Part II. Inventory Management Practices

2.1 Sorting 4 3 2 1
Strongly Agree Disagree Strongly
Agree Disagree

2.1.1. Sorting inventory is frequently used in


the business.
(Ang pag-uuri ng imbentaryo ay madalas na
ginagamit sa negosyo.)

2.1.2. Sorting products encourages the


business to allocate the inventories properly.
(Ang pag-uuri ng mga produckto ay
nagtutulak sa negosyo na ilaan nang maayos
ang imbentaryo.)

2.1.3. Sorting inventory reduces the amount


of deadstock in the business.
(Ang pag-uuri ng imbentaryo ay
nagpapababa sa dami ng mga produkto na
hindi na maibenta sa negosyo.)

2.1.4. The business sorts the inventory based


on similar characteristics.
(Inuuri ng negosyo ang imbentaryo batay sa
magkatulad na katangian.)

2.1.5. I always pay attention to inventory with


the highest value.
(Palagi kong binibigyang pansin ang
imbentaryo na may pinakamataas na
halaga.)

2.2 Organizing Storage 4 3 2 1


Strongly Agree Disagree Strongly
Agree Disagree

2.2.1. The business experiences minimal loss


during inventory handling.
(Ang negosyo ay may kaunting pagkalugi
lamang sa paghahawak ng imbentaryo.)

2.2.2. I always inspect my inventory at the


time of receival.
(Palagi kong sinusuri ang aking imbentaryo
sa oras ng pagtanggap.)
2.2.3. The business rarely receives damaged
goods and/or inventories.
(Ang negosyo ay bihirang nakakatanggap ng
sira o may pinsalang produkto at/o
imbentaryo.)

2.2.4. The inventory is frequently audited.


(Ang imbentaryo ay madalas na sinusuri.)

2.2.5. Extra inventories are stored to prevent


"out-of-stock" situations.
(Ang mga sobrang imbentaryo ay iniimbak
upang maiwasan ang "out-of-stock" na
sitwasyon.)

2.3 Replenishment 4 3 2 1
Strongly Agree Disagree Strongly
Agree Disagree

2.3.1. Replenishment is being practiced in


the business.
(Ang pagpapalit ay isinasagawa sa negosyo.)

2.3.2. Replenishment helps to match supply


and demand.
(Ang pagpapalit ay tumutulong upang
tugmaan ang supply at demand.)

2.3.3. Proper replenishment reduces the


frequency of overordering.
(Ang tamang pagpapalit ay nakakabawas sa
kadalasang sobrang pag-order.)

2.3.4. I have a certain time for replenishing


my inventory.
(Mayroon akong tiyak na panahon para sa
pagpapalit ng aking imbentaryo.)

2.3.5. Replenishing on time helps inventory


turnover.
(Ang pagpapalit sa tamang oras ay
tumutulong sa maayos na pag-ikot ng
imbentaryo.)
Part III. Performance

3.1 Cost Reduction 4 3 2 1


Strongly Agree Disagree Strongly
Agree Disagree

3.1.1. Minimizing costs is done with safety


stock.
(Ang pag-babawas ng gastos ay ginagawa
gamit ang safety stock.)

3.1.2. The business maintains a low


operational cost while utilizing inventory
practices.
(Ang negosyo ay napapanatili ang mababang
operational na gastos habang ginagamit ang
mga pamamaraang pang-imbentaryo.)

3.1.3. Overall cost is continuously


decreasing.
(Ang kabuuang gastos ng negosyo ay
patuloy na bumababa.)

3.1.4. The minimization of cost is observed


leading to saving resources.
(Ang pag-babawas ng gastos ay nakikita na
nagdudulot ng pagtitipid sa mga
mapagkukunan.)

3.1.5. The business is utilizing a monitoring


sheet or procedure to monitor all operational
costs.
(Ang negosyo ay gumagamit ng monitoring
sheet o prosedur upang bantayan ang lahat
ng operational na gastos.)

3.2 Customer Retention 4 3 2 1


Strongly Agree Disagree Strongly
Agree Disagree

3.2.1. Customer orders are fulfilled according


to customer expectations.
(Ang mga order ng mga customer ay
natutupad ayon sa mga inaasahan ng
customer.)
3.2.2. The business has a strong customer
base.
(Ang negosyo ay may malakas na customer
base.)

3.2.3. Customers continuously patronize the


business.
(Patuloy na bumibili ang mga customer sa
negosyo.)

3.2.4. Utilizing inventory management


practices has a direct influence on customer
retention.
(Ang pag-gamit ng mga pamamaraang pang-
imbentaryo ay may direktang impluwensiya
sa pagpapanatili ng mga customer.)

3.2.5. The business fulfilled the customer's


orders right in time.
(Ang negosyo ay tumutupad sa mga order ng
customer sa tamang oras.)

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