Vendor managed inventory performance in Malaysian manufacturing companies

The implementation of the Vendor Managed Inventory (VMI) in the Malaysian manufacturing sector can be viewed as a solution to mitigate the increment of operational costs and low performance in customer services. Many factors contributed to the performance of the VMI programme, but only a few attempt...

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Main Author:	Kamaruddin, Radzuan
Format:	Thesis
Language:	eng eng
Published:	2015
Subjects:	HB Economic Theory
Online Access:	https://etd.uum.edu.my/4954/1/s92071.pdf https://etd.uum.edu.my/4954/2/s92071_abstract.pdf
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id	my-uum-etd.4954
record_format	uketd_dc
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Othman, Siti Norezam Mohamed Udin, Zulkifli
topic	HB Economic Theory HB Economic Theory
spellingShingle	HB Economic Theory HB Economic Theory Kamaruddin, Radzuan Vendor managed inventory performance in Malaysian manufacturing companies
description	The implementation of the Vendor Managed Inventory (VMI) in the Malaysian manufacturing sector can be viewed as a solution to mitigate the increment of operational costs and low performance in customer services. Many factors contributed to the performance of the VMI programme, but only a few attempts were made to determine the contribution of the VMI elements and the organizational factors on VMI performance; and the influence of the types of products in this relationship. The objectives of this study were to determine the relationship and to examine the impact of the VMI elements, the organizational factors on VMI performance, and the moderating effect of the types of products on the relationship between the VMI elements, the organizational factors and VMI performance. The study used the survey method. Data were tested from 101 manufacturing companies listed in the Federation of Malaysian Manufacturers. The findings from the Pearson Correlation test showed that inventory location, managerial commitment, decentralized decision- making, information- system capability and trust have significant and positive relationships with cost performance. Meanwhile, inventory location, demand visibility, inventorycontrol limits, managerial commitment, information- system capability, and trust have significant and positive relationships with service performance. In addition, the multiple regression analysis showed that demand visibility, inventory- control limits, inventory location, trust, and managerial commitment contribute to VMI performance. The hierarchical regression analyses revealed that the types of products have a significant moderating effect to warrant desirable performance from demand visibility, inventory location, inventory control limits, and inventory- ownership. Therefore, the implementation of VMI in the Malaysian manufacturing sector needs to share demand information, apply minimum and maximum limits for inventory control, locate storage locations near customer premises, establish trust, and provide sufficient managerial commitment to benefit from the VMI programme. This study also suggests that the application of inventory- control limits on innovative products would decrease the cost performance of VMI. Also, inventory- ownership by the supplier on functional products would decrease the service performance of VMI
format	Thesis
qualification_name	Ph.D.
qualification_level	Doctorate
author	Kamaruddin, Radzuan
author_facet	Kamaruddin, Radzuan
author_sort	Kamaruddin, Radzuan
title	Vendor managed inventory performance in Malaysian manufacturing companies
title_short	Vendor managed inventory performance in Malaysian manufacturing companies
title_full	Vendor managed inventory performance in Malaysian manufacturing companies
title_fullStr	Vendor managed inventory performance in Malaysian manufacturing companies
title_full_unstemmed	Vendor managed inventory performance in Malaysian manufacturing companies
title_sort	vendor managed inventory performance in malaysian manufacturing companies
granting_institution	Universiti Utara Malaysia
granting_department	Othman Yeop Abdullah Graduate School of Business
publishDate	2015
url	https://etd.uum.edu.my/4954/1/s92071.pdf https://etd.uum.edu.my/4954/2/s92071_abstract.pdf
_version_	1747827834321108992
spelling	my-uum-etd.49542021-03-18T08:21:34Z Vendor managed inventory performance in Malaysian manufacturing companies 2015 Kamaruddin, Radzuan Othman, Siti Norezam Mohamed Udin, Zulkifli Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HB Economic Theory HD28-70 Management. Industrial Management The implementation of the Vendor Managed Inventory (VMI) in the Malaysian manufacturing sector can be viewed as a solution to mitigate the increment of operational costs and low performance in customer services. Many factors contributed to the performance of the VMI programme, but only a few attempts were made to determine the contribution of the VMI elements and the organizational factors on VMI performance; and the influence of the types of products in this relationship. The objectives of this study were to determine the relationship and to examine the impact of the VMI elements, the organizational factors on VMI performance, and the moderating effect of the types of products on the relationship between the VMI elements, the organizational factors and VMI performance. The study used the survey method. Data were tested from 101 manufacturing companies listed in the Federation of Malaysian Manufacturers. The findings from the Pearson Correlation test showed that inventory location, managerial commitment, decentralized decision- making, information- system capability and trust have significant and positive relationships with cost performance. Meanwhile, inventory location, demand visibility, inventorycontrol limits, managerial commitment, information- system capability, and trust have significant and positive relationships with service performance. In addition, the multiple regression analysis showed that demand visibility, inventory- control limits, inventory location, trust, and managerial commitment contribute to VMI performance. The hierarchical regression analyses revealed that the types of products have a significant moderating effect to warrant desirable performance from demand visibility, inventory location, inventory control limits, and inventory- ownership. Therefore, the implementation of VMI in the Malaysian manufacturing sector needs to share demand information, apply minimum and maximum limits for inventory control, locate storage locations near customer premises, establish trust, and provide sufficient managerial commitment to benefit from the VMI programme. This study also suggests that the application of inventory- control limits on innovative products would decrease the cost performance of VMI. Also, inventory- ownership by the supplier on functional products would decrease the service performance of VMI 2015 Thesis https://etd.uum.edu.my/4954/ https://etd.uum.edu.my/4954/1/s92071.pdf text eng public https://etd.uum.edu.my/4954/2/s92071_abstract.pdf text eng public Ph.D. doctoral Universiti Utara Malaysia Aiken L., & West S. (1991).Multiple Regression: Testing and Interpreting Interactions. Sage Publications Inc: Thousand Oaks, CA. Angulo, A., Natchmann, H., & Waller, M.A. (2004). Supply chain information sharing in a vendor managed inventory partnership, Journal of Business Logistics, 25(1), 101-120. Agus, A. & Mohd Noor, Z. (2007). Supply Chain Management and Performance: An Empirical Study in Malaysian Manufacturing. International Conference on Business & Information (BAI 2007). 10-13 July, Tokyo, Japan. Attaran, M & Attaran, S. (2007). 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