Introduction
SCM with reference to Cocacola highlights how effective inventory management supports better coordination, reduces costs, and improves service levels. Supply chain management (SCM) manages the smooth flow of materials, information, and products from suppliers to customers. Earlier, companies handled purchasing, production, and marketing separately, which made coordination difficult. Today, organizations understand that one action in the chain affects all others. Companies now compete as complete supply chains, not as single firms. With the growth of information technology, firms can easily coordinate activities across the entire chain.
Purpose of the Study
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To understand how inventory affects the SCM with reference to Cocacola Beverages.
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To study how the company manages inventory in a cost-effective way during manufacturing.
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To explain how proper inventory management helps reduce costs, directly improves company performance, and indirectly supports other departments.
Data Collection Methods
The researcher collected data to study inventory management and its impact on the supply chain of Coca-Cola Beverages. The study mainly used a qualitative approach because it focused on understanding the opinions and views of managers. The researcher gathered information from management about inventory policies, procedures, and practices followed in the organization.
The study used both primary and secondary data sources.
Primary data helped address specific research problems that secondary data could not fully explain. The researcher collected primary data through questionnaires and interviews. The interviews included structured, semi-structured, and unstructured formats, while the questionnaires used both open-ended and closed-ended questions. These methods helped capture detailed and reliable information.
Secondary data supported the primary findings and improved the overall analysis. The researcher collected secondary data from company reports, books, journals, newspapers, financial reports, and relevant websites. This combination of primary and secondary data strengthened the research and ensured better understanding of inventory management and supply chain practices.