https://opiej.mpob.gov.my Oil Palm Industry Economic Journal Tue, 28 Aug 2018 14:12:09 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://opiej.mpob.gov.my/a-study-on-inventory-management-of-malaysian-palm-oil-products/ Tue, 28 Aug 2018 14:12:09 +0000 https://opiej.mpob.gov.my/?p=310 Read more]]> Inventory management is important to balance organisational objectives, particularly on the appropriate level of stock for raw materials and production outputs as well. The amount of inventory has a direct impact on the responsiveness and efficiency of operations of a company. In general, it can reflect also on the performance of an industry. In the Malaysian palm oil industry, most of the processing activities are well-planned or geared towards fulfilling order as demanded or known as ‘back-to-back’ approach. Hence, the movements of palm products along the supply chain are rather fast to reach respective buyers on time. As a result, the inventory levels of palm products should be low but enough to meet the demand of processing activities.

]]>