INVENTORY MANAGEMENT PRACTICES OF A HOME-GROWN COFFEE BUSINESS: A ROADMAP FOR ATTAINING SUSTAINABLE COMPETITIVE ADVANTAGE

Abstract

Inventory management practices deal with the processes of maintaining, controlling, monitoring, and tracking inventory mobility from acquisition to final disposition to ensure the upkeep of optimum stock levels to meet production goals and customer demands. Since a business' inventory is a significant asset, adopting effective and efficient inventory management practices is imperative to ensure the sustainable operations of a firm. Sustainability is a core operating value of the business sector, including the coffee industry, to stabilize operations and boost inventory investment. This paper explores the effectiveness of the inventory management practices adopted by a homegrown coffee business in attaining a sustainable competitive advantage to ensure the company's viability. These concerns are crucial to enhance the entity's continuity, thereby justifying the conduct of this study.