No. Indicator Mean DE Rank
1
Conduct of physical inventory count which includes setting up counting procedures and supervising the counting teams that checks all quantities.
3.21
AI
1
2
Keeping of inventory records and verification of inventory listed in the cooperative’s record with the inventory actually stored in the warehouse.
3.20
AI
2
3
Maintenance of audit inventory controls to ensure that all inventory would go to its intended use and to keep inventory from diverging from their intended levels.
3.18
AI
3
4
Keeping optimal level of inventory to reduce the risk of obsolescence, scrap costs, and warehousing costs.
3.11
AI
4
5
Planning of inventory purchases and issuances.
2.92
AI
5
6
Implementing inventory systems such as ordering from suppliers, receiving of inventory, tracking of inventory movements, maintaining the volume of inventory, and issuing inventory.
2.81
AI
6
7
Monitoring of inventory turnover such as identifying how many times an inventory would revolve for a period.
2.73
AI
7
8
Training and education of employees in implementing inventory policies and procedures.
2.61
AI
8
9
Commitments and availability of suppliers for delivery of ordered goods.
2.57
AI
9
10
Implementation of inventory systems such as inventory requirements planning, just-in-time systems, two-bin systems, etc.
2.48
OI
10
Overall Mean
2.88
AI