A Case Study of An Aerospace Company: Challenges, Impacts, and Strategies in Procurement and Inventory Integration to Enhance Supply Chain Resilience

Integration of procurement and inventory management is crucial for enhancing operational efficiency and supply chain resilience in aerospace manufacturing. However, there are common issues include misaligned procurement schedules and inventory levels, overstocking, stockouts, increased expenses, and...

Full description

Saved in:

Bibliographic Details
Main Author:	Teh, Yi Ling
Format:	Thesis
Language:	eng eng eng
Published:	2024
Subjects:	HD28-70 Management Industrial Management
Online Access:	https://etd.uum.edu.my/11366/1/depositpermission-s830588.pdf https://etd.uum.edu.my/11366/2/s830588_01.pdf https://etd.uum.edu.my/11366/3/s830588_02.pdf
Tags:	Add Tag No Tags, Be the first to tag this record!

id	my-uum-etd.11366
record_format	uketd_dc
spelling	my-uum-etd.113662024-10-13T00:34:01Z A Case Study of An Aerospace Company: Challenges, Impacts, and Strategies in Procurement and Inventory Integration to Enhance Supply Chain Resilience 2024 Teh, Yi Ling Shahron, Syairah Aimi College of Business (COB) College of Business HD28-70 Management. Industrial Management Integration of procurement and inventory management is crucial for enhancing operational efficiency and supply chain resilience in aerospace manufacturing. However, there are common issues include misaligned procurement schedules and inventory levels, overstocking, stockouts, increased expenses, and vulnerability to supply chain disruptions. These are worsened by reactive management and lack of real-time data, hindering proactive planning and decision-making. Hence, this study explores the challenges, impacts and strategies of XYZ Aerospace Company in integrating procurement and inventory management. The qualitative research with phenomenological approach has been employed for this research. Through interviews with six respondents conducted between May 27 and June 27, 2024, the research identified significant challenges, including reliance on manual processes, basic ERP systems, multiple approval stages in procurement department, and visibility issues in inventory management department. These challenges are prevalent among SMEs in various industries that resulting in inefficiencies such as delayed response times, overstocking, stockouts, and production delays. In contrast, larger corporations and industries such as automotive and consumer electronics have embraced advanced systems like Just-In-Time (JIT) manufacturing and sophisticated ERP systems, thereby improving responsiveness and operational efficiency. XYZ Aerospace Company has implemented strategies to improve resilience, such as better supplier relationship management and development of crisis management team. However, further investments in new technologies, clear communication protocols, and regular audits are needed for substantial improvement. In overall, this study provides insights into integration challenges and suggests strategies that emphasize the importance of best practices for enhancing supply chain resilience. 2024 Thesis https://etd.uum.edu.my/11366/ https://etd.uum.edu.my/11366/1/depositpermission-s830588.pdf text eng staffonly https://etd.uum.edu.my/11366/2/s830588_01.pdf text eng staffonly https://etd.uum.edu.my/11366/3/s830588_02.pdf text eng staffonly other masters Universiti Utara Malaysia
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng eng
advisor	Shahron, Syairah Aimi
topic	HD28-70 Management Industrial Management
spellingShingle	HD28-70 Management Industrial Management Teh, Yi Ling A Case Study of An Aerospace Company: Challenges, Impacts, and Strategies in Procurement and Inventory Integration to Enhance Supply Chain Resilience
description	Integration of procurement and inventory management is crucial for enhancing operational efficiency and supply chain resilience in aerospace manufacturing. However, there are common issues include misaligned procurement schedules and inventory levels, overstocking, stockouts, increased expenses, and vulnerability to supply chain disruptions. These are worsened by reactive management and lack of real-time data, hindering proactive planning and decision-making. Hence, this study explores the challenges, impacts and strategies of XYZ Aerospace Company in integrating procurement and inventory management. The qualitative research with phenomenological approach has been employed for this research. Through interviews with six respondents conducted between May 27 and June 27, 2024, the research identified significant challenges, including reliance on manual processes, basic ERP systems, multiple approval stages in procurement department, and visibility issues in inventory management department. These challenges are prevalent among SMEs in various industries that resulting in inefficiencies such as delayed response times, overstocking, stockouts, and production delays. In contrast, larger corporations and industries such as automotive and consumer electronics have embraced advanced systems like Just-In-Time (JIT) manufacturing and sophisticated ERP systems, thereby improving responsiveness and operational efficiency. XYZ Aerospace Company has implemented strategies to improve resilience, such as better supplier relationship management and development of crisis management team. However, further investments in new technologies, clear communication protocols, and regular audits are needed for substantial improvement. In overall, this study provides insights into integration challenges and suggests strategies that emphasize the importance of best practices for enhancing supply chain resilience.
format	Thesis
qualification_name	other
qualification_level	Master's degree
author	Teh, Yi Ling
author_facet	Teh, Yi Ling
author_sort	Teh, Yi Ling
title	A Case Study of An Aerospace Company: Challenges, Impacts, and Strategies in Procurement and Inventory Integration to Enhance Supply Chain Resilience
title_short	A Case Study of An Aerospace Company: Challenges, Impacts, and Strategies in Procurement and Inventory Integration to Enhance Supply Chain Resilience
title_full	A Case Study of An Aerospace Company: Challenges, Impacts, and Strategies in Procurement and Inventory Integration to Enhance Supply Chain Resilience
title_fullStr	A Case Study of An Aerospace Company: Challenges, Impacts, and Strategies in Procurement and Inventory Integration to Enhance Supply Chain Resilience
title_full_unstemmed	A Case Study of An Aerospace Company: Challenges, Impacts, and Strategies in Procurement and Inventory Integration to Enhance Supply Chain Resilience
title_sort	case study of an aerospace company: challenges, impacts, and strategies in procurement and inventory integration to enhance supply chain resilience
granting_institution	Universiti Utara Malaysia
granting_department	College of Business (COB)
publishDate	2024
url	https://etd.uum.edu.my/11366/1/depositpermission-s830588.pdf https://etd.uum.edu.my/11366/2/s830588_01.pdf https://etd.uum.edu.my/11366/3/s830588_02.pdf
_version_	1813495776325664768

A Case Study of An Aerospace Company: Challenges, Impacts, and Strategies in Procurement and Inventory Integration to Enhance Supply Chain Resilience

Similar Items