Effectiveness of inventory management and productivity of Dapi-Mamburao Women Producers Cooperative
Keywords:
inventory management, productivity, cooperative organizations, organizational profitabilityAbstract
This research delves into the assessment of inventory management effectiveness and productivity at the DAPI-Mamburao Women Producers Cooperative, situated in Sitio Dapi, Barangay Payompon, Mamburao, Occidental Mindoro. A total of 25 respondents participated in this study, employing a descriptive-correlation research design to comprehensively evaluate inventory management and productivity. The research instrument, a self-constructed questionnaire, was meticulously validated by five experts and rigorously tested for reliability using Cronbach's Alpha. Employing a 4-Point Likert scale, the study utilized statistical tools such as Mean and Kendall Tau Correlation Coefficient for data analysis. The study findings unveiled that most of the respondents demonstrated high proficiency in inventory tracking, demand forecasting, lead time management, and controlling inventory costs. Furthermore, most respondents exhibited commendable performance in areas like employee development, income generation, and resource utilization. Crucially, the research uncovered significant relationships between the effectiveness of inventory management and the extent of productivity. In light of these findings, the study recommends that the DAPI-Mamburao Women Producers Cooperative diligently monitor and manage its inventory, ensuring consistent production for organizational profitability and productivity. Additionally, it is advised that producers actively participate in training and seminars organized by the Cooperative Development Authority to enhance their inventory management effectiveness and drive productivity to new heights.
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Copyright (c) 2023 Rosenda M. Linga, Johanns Andrie D. Mulingbayan, Mary Joy D. Pama, Jaryl M. Eugenio, Naida E. Gamez, Jennifer A. Almaida, John Bryan R. Arile, Shiela M. Villalobos, Marinell A. Tan, Judy A. Catalo (Author)
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