Inventory management strategies propensity toward supply chain management in the aerospace industry in Malaysia : the moderating effect of financial risk consideration

This thesis examined the relationship between inventory management strategies (IMS) and supply chain management (SCM) performance in the aerospace industry, an advanced and high technology industry that is characterized by a high working capital with potential huge losses if something goes wrong. Th...

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Main Author:	Khor, Wei Min
Format:	Thesis
Language:	eng eng
Published:	2017
Subjects:	TS155-194 Production management Operations management
Online Access:	https://etd.uum.edu.my/7360/1/s94197_01.pdf https://etd.uum.edu.my/7360/2/s94197_02.pdf
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id	my-uum-etd.7360
record_format	uketd_dc
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Minai, Mohd. Sobri Md. Zain, Ali Yusob
topic	TS155-194 Production management Operations management
spellingShingle	TS155-194 Production management Operations management Khor, Wei Min Inventory management strategies propensity toward supply chain management in the aerospace industry in Malaysia : the moderating effect of financial risk consideration
description	This thesis examined the relationship between inventory management strategies (IMS) and supply chain management (SCM) performance in the aerospace industry, an advanced and high technology industry that is characterized by a high working capital with potential huge losses if something goes wrong. The IMS dimensions of stock holding, safety stock, storage policy and inventory risk were tested against the SCM performance dimensions of on-time delivery (OTD), balance score card (BSC), inventory turn and factors related to inventory-financial risks. The quantitative research methodology was opted for this study. Data collection was performed from January to May 2016, involving 81 respondents related to the aerospace industry in Malaysia. This accounted for 40.5% of the population in the country. The Statistical Package for the Social Sciences (SPSS) was used to assist in the analysis. The findings indicated that only two dimensions of the IMS are used as predictors for the SCM performance. It also revealed that every dimension of the SCM performance is significant with only one dimension of the IMS. The most important dimension of SCM performance is the inventory risk dimension. Contrary to the initial expectation, storage policy is found to be insignificant for the theoretical relationship in this industry and the financial risk factor is found to be a weak moderator in the proposed relationship. The findings also suggested the need to examine financial risk consideration as the independent variable when examining the SCM performance in the aerospace industry. Moreover, these findings can be considered unique as they offer different contributing dimensions to the SCM performance and these should be the eye-opener to the organizations that have different attributes, in particular the high technology industry that involves high working capital.
format	Thesis
qualification_name	other
qualification_level	Doctorate
author	Khor, Wei Min
author_facet	Khor, Wei Min
author_sort	Khor, Wei Min
title	Inventory management strategies propensity toward supply chain management in the aerospace industry in Malaysia : the moderating effect of financial risk consideration
title_short	Inventory management strategies propensity toward supply chain management in the aerospace industry in Malaysia : the moderating effect of financial risk consideration
title_full	Inventory management strategies propensity toward supply chain management in the aerospace industry in Malaysia : the moderating effect of financial risk consideration
title_fullStr	Inventory management strategies propensity toward supply chain management in the aerospace industry in Malaysia : the moderating effect of financial risk consideration
title_full_unstemmed	Inventory management strategies propensity toward supply chain management in the aerospace industry in Malaysia : the moderating effect of financial risk consideration
title_sort	inventory management strategies propensity toward supply chain management in the aerospace industry in malaysia : the moderating effect of financial risk consideration
granting_institution	Universiti Utara Malaysia
granting_department	Othman Yeop Abdullah Graduate School of Business
publishDate	2017
url	https://etd.uum.edu.my/7360/1/s94197_01.pdf https://etd.uum.edu.my/7360/2/s94197_02.pdf
_version_	1747828204915130368
spelling	my-uum-etd.73602021-05-10T00:45:01Z Inventory management strategies propensity toward supply chain management in the aerospace industry in Malaysia : the moderating effect of financial risk consideration 2017 Khor, Wei Min Minai, Mohd. Sobri Md. Zain, Ali Yusob Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business TS155-194 Production management. Operations management This thesis examined the relationship between inventory management strategies (IMS) and supply chain management (SCM) performance in the aerospace industry, an advanced and high technology industry that is characterized by a high working capital with potential huge losses if something goes wrong. The IMS dimensions of stock holding, safety stock, storage policy and inventory risk were tested against the SCM performance dimensions of on-time delivery (OTD), balance score card (BSC), inventory turn and factors related to inventory-financial risks. The quantitative research methodology was opted for this study. Data collection was performed from January to May 2016, involving 81 respondents related to the aerospace industry in Malaysia. This accounted for 40.5% of the population in the country. The Statistical Package for the Social Sciences (SPSS) was used to assist in the analysis. The findings indicated that only two dimensions of the IMS are used as predictors for the SCM performance. It also revealed that every dimension of the SCM performance is significant with only one dimension of the IMS. The most important dimension of SCM performance is the inventory risk dimension. Contrary to the initial expectation, storage policy is found to be insignificant for the theoretical relationship in this industry and the financial risk factor is found to be a weak moderator in the proposed relationship. The findings also suggested the need to examine financial risk consideration as the independent variable when examining the SCM performance in the aerospace industry. Moreover, these findings can be considered unique as they offer different contributing dimensions to the SCM performance and these should be the eye-opener to the organizations that have different attributes, in particular the high technology industry that involves high working capital. 2017 Thesis https://etd.uum.edu.my/7360/ https://etd.uum.edu.my/7360/1/s94197_01.pdf text eng public https://etd.uum.edu.my/7360/2/s94197_02.pdf text eng public other doctoral Universiti Utara Malaysia Alvarado, U.Y., & Kotzab, H. (2001). Supply chain management: the integration of logistics in marketing. Industrial Marketing Management, 30 (2): 183-198. Altay, N. and Ramirez, A. (2010), “Impact of disasters on ﬁrms in different sectors: implications for supply chains”, Journal of Supply Chain Management, Vol. 46 No. 4, pp. 59-80. 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