Section III: Competitiveness and Effectiveness

Title: Effective inventory management and competing against cost in the UAE

Author(s): K. Alrawi

Address: Al-Ain University of Science and Technology, Al-Ain, United Arab Emirates

Reference: BUSINESS EXCELLENCE AND COMPETITIVENESS IN THE MIDDLE EAST AND NORTH AFRICA pp. 158 - 168

Abstract/Summary: Inventory is the responsibility of many individuals to determine how much investment in inventory is needed and how to finance it. Surprisingly to the authors knowledge, there is no published empirical research examining fundamental relationship between inventory and cost in the UAE. This paper develops and tests hypotheses about inventory. The sample of the study is based on a survey of 95 firms that are in production, and services units in the UAE. About 67% of these firms management responded to the survey. This study examines a questionnaire developed by the researcher and tests hypotheses about firms inventory. The results showed that significant relationships are found among inventory, service and highly demanded products orders.

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