scholarly journals PRODUCTIVITY IMPROVEMENT THROUGH PLANT LAYOUT AND INVENTORY MANAGEMENT IN SMALL AND MEDIUM ENTERPRISES

2017 ◽  
Vol 4 (02) ◽  
Keyword(s):  
Inventory Management ◽  
Small And Medium Enterprises ◽  
Plant Layout ◽  
Productivity Improvement ◽  
Medium Enterprises

scholarly journals Assessing construction innovation: theoretical and practical perspectives

2016 ◽  
Vol 16 (3) ◽  
pp. 104-115 ◽  
Author(s):  
Peter Davis ◽  
Thayaparan Gajendran ◽  
Josephine Vaughan ◽  
Toinpre Owi
Keyword(s):  
Construction Industry ◽  
Small And Medium Enterprises ◽  
Theory And Practice ◽  
Construction Sector ◽  
Productivity Improvement ◽  
Firm Innovation ◽  
Loosely Coupled ◽  
Australian Institute ◽  
Medium Enterprises ◽  
Structured Literature Review

Innovation is key for productivity improvement and advancements in different sectors of the economy, including the construction sector.  The criticism of the slow pace of innovation in construction industry may be unwarranted, considering the structure of the industry and nature of the construction business.  The loosely coupled nature of firms, mostly Small and Medium Enterprises (SME’s), delivering ‘projects’ through partial engagement, together with the distinction between the project innovation and firm innovation makes it difficult to extract innovations in a meaningful way.  The problem also lies in conceptualising, defining, articulating and assessing innovation in construction.  The literature is replete with research into construction innovation, however, there is limited research into understanding how innovation is perceived and narrated in practice.  The paper aims to explore how innovation is assessed and narrated in construction, specifically analysing theory and practice perspectives.  A theoretical model was constructed from a structured literature review illustrating existing discourse and narratives of construction innovation assessment.  A qualitative analysis of ‘Professional Excellence in Building’ submission documents to the Australian Institute of Building was performed to identify the practice perspective of innovation.  The findings suggest that internal organizational and process innovation account for the majority of improvements identified.  Importantly a taxonomy of narrative is developed that articulates how the construction industry in Australia views industry innovation.

scholarly journals Optimizing Inventory Carrying Cost Using Rank Order Clustering Approach for Small and Medium Enterprises (SMES)

2021 ◽  
Vol 23 (1) ◽  
Author(s):  
Ganesh Narkhede B ◽  
◽  
Ganesh Narkhede B ◽  
Neela Rajhans ◽  
◽  
...  
Keyword(s):  
Inventory Management ◽  
Small And Medium Enterprises ◽  
Rank Order ◽  
Cluster Formation ◽  
Quantity Discounts ◽  
Sufficient Degree ◽  
Inventory Strategy ◽  
Clustering Approach ◽  
Degree Of Control ◽  
Medium Enterprises

For any company, whether big enterprises or small and medium-sized enterprises (SMEs), inventory is one of the key assets. Therefore, inventory-related decisions directly influence the revenue generated by the firm. This work aims to find a sufficient degree of control over each inventory item and to mitigate the inventory management problems of SMEs. Rank Order Clustering (ROC) algorithm is used in this study for multi-item inventory item aggregation. The proposed framework is tested on a medium-sized gearmanufacturing firm that manufactures 40 different types of planetary and customized gear-boxes. The results demonstrate 47.64 % of cost-saving through the proposed methodology of cluster formation using ROC and quantity discounts. This approach helps to identify different assemblies to aggregate the component requirements and to formulate a particular inventory strategy to minimize inventory carrying costs for each component.

scholarly journals Aplikasi Pengelolaan Persediaan Bahan Pada Usaha Kecil Menengah Pakaian Jadi

2021 ◽  
Vol 7 (3) ◽  
Author(s):  
Antonius Susanto ◽  
Cecilia Esti Nugraheni ◽  
Maria Widyarini
Keyword(s):  
Inventory Management ◽  
Mobile Application ◽  
Driving Forces ◽  
Small And Medium Enterprises ◽  
Acceptance Test ◽  
Material Requirements Planning ◽  
Reorder Point ◽  
Materials Used ◽  
Medium Enterprises ◽  
A Company

Clothing is one of the basic or primary needs. With the influence of clothing fashion that continues to grow, many Small and Medium Enterprises (SMEs) have sprung up engaged in the clothing sector. SMEs are one of the driving forces of the Indonesian economy. SMEs engaged in the clothing sector are businesses that produce apparel. The materials used in the manufacture of clothing also vary, so that inventory management and material requirements planning are essential processes in the manufacture of clothing. In this study, a simple mobile application was developed that can be used for material inventory management for SMEs. The primary function of this application is to record materials (inventory) and plan production needs using the Reorder Point (ROP) method. The Reorder Point (ROP) method is an order limit point helpful in knowing when a company holds an order. Program development using Android Studio IDE with Flutter framework and Dart programminglanguage. The results of functional testing on this application are 90% achieved following the expected results. The user acceptance test concludes that this application has the potential to facilitate SMEs in managing the inventory of material.

scholarly journals Impact of Inventory Management Practices on Small and Medium Enterprises Manufacturing Subsector In Oyo State, Nigeria

2018 ◽  
pp. 1-8
Author(s):  
Kareem, Thompson Sola
Keyword(s):  
Inventory Management ◽  
Management Practices ◽  
Small And Medium Enterprises ◽  
Study Data ◽  
Factors Affecting ◽  
Data Collection Instrument ◽  
Major Factors ◽  
Medium Enterprises ◽  
The Impact ◽  
Structured Questionnaire

This study examines the impact of inventory management practices on the performance of SMEs manufacturing sub-sector in Oyo State, Nigeria.   A survey of 129 randomly selected from three (3) cities such as Ibadan, Ogbomoso and Oyo town.  The data collection instrument was a structured questionnaire designed for the study. Data were analyzed with the aid of descriptive statistics such as simple percentage and mean. Results reveal that inventory management practices have positive and significant impact on the performance of SMEs manufacturing sub sector. Furthermore, results also reveal that delay in delivery of materials, use of manual inventory management system/lack of technology, lack of professional personnel, holding too much/too little inventory, purchase of materials with a near expiration date, insufficient funds for procurement and use of outdated storage facilities are the major factors affecting effective inventory management practices in SMEs manufacturing sub-sector in Oyo State, Nigeria. Subsequently, the study recommends that SMEs operators/ mangers should be encouraged to adopt information technology in inventory management. Also, SMEs operators and managers should be encouraged to constantly attend conferences, seminars and workshops in Nigeria and abroad in order to improve their skills on inventory management.

Model Pemberdayaan Usaha Mikro Dan Pengaruhnya Terhadap Kemandirian Usaha

2015 ◽  
Vol 2 (1) ◽  
pp. 75-93
Author(s):  
Mudasetia Hamid ◽  
Evy Rosalina Widyayanti
Keyword(s):  
Human Resources ◽  
Small And Medium Enterprises ◽  
Poverty Rate ◽  
Cultural Centers ◽  
Central Java ◽  
Tourism Education ◽  
The Indian Ocean ◽  
Medium Enterprises ◽  
The City

Yogyakarta is a city and the capital of Yogyakarta Special Region in Java, Indonesia. It is renowned as a center of tourism, education and culture. Yogyakarta is one of the foremost cultural centers of Java. This region is located at the foot of the active merapi vulcano. Yogyakarta is often called the main gateway to the Central Java as where it is geographically located. It stretches from Mount Merapi to the Indian Ocean. This province is one of the most densely populated areas of Indonesia. Yogyakarta is popular tourist destination in indonesia after Bali. These have attracted large number of visitors from across Indonesia and abroad to the city. This status makes Yogyakarta is one of the most heterogeneus cities in Indonesia. In edition, Yogyakarta has attracted large number of people to reside in this city for business. One of these comers is small entrepreneurs with their market munchies enterprise (specially a traditional snack trader). This business is one of famous business in Yogyakarta, we will find rows of pavement vendors selling market munchies. The students and tourists are their main target customers. Market munchies enterprise is part of small and medium enterprises SMEs as livelihood activities. SMEs has an important role in economic growth of Indonesia. Therefore, it is very important to develop and strengthen the micro enterprise empowerment. Micro enterprise empowerment is one of strategy to reduce the poverty rate in Indonesia. Major challenger in implement this program are that micro entrepreneurs are conventional and have satisfied with their revenue. It is very important to develop a comprehensive and sustainable micro enterprise empowerment which consist of strengthen the quality of human resources, maximize the government’s roles, empower the enterprise capital and strengthen the partnership and autonomous. Micro enterprise autonomy will contribute to the economic and investment climate. This will lead to establish an accountable enterprise both for the micro enterprise and customers which at the end will strengthen the development of the micro enterprise in Yogyakarta.Keyword: micro entreprise, human resources, government roles, capital, partnership and autonomous.

Pengaruh Pengalaman Usaha Dan Penggunaan Informasi Akuntansi Pelaku Usaha Mikro Kecil Menengah Terhadap Keberhasilan Usaha

2019 ◽  
Vol 6 (1) ◽  
pp. 27-39
Author(s):  
Khoirunnisa Cahya Firdarini
Keyword(s):  
Structural Equation ◽  
Small And Medium Enterprises ◽  
Control Variable ◽  
Accounting Information ◽  
Total Sample ◽  
Creative Industries ◽  
Business Success ◽  
Statistical Tool ◽  
Business Experience ◽  
Medium Enterprises

Accounting information has an important role to achieve business success, as well as for small businesses.This research examines the effect of business experience and accounting information system used toward business success with age of business as control variable. The population of this research are small and medium enterprises (SMEs) in creative industries sector operated in Yogyakarta district. Based on purposive sampling method, total sample of this research is 200 SMEs. Statistical tool utilized to test the hypothesis in this study is path analysis using structural equation modelling (SEM). The test result shows that business experience and accounting information have positive and significant effect to the success of SMEs.

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