The Impact of Inventory Management on the Performance of Atala Limited
Date
2022-05
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Ashesi University
Abstract
The primary goal of the project is to increase operational efficiency within Atala Limited and avoid discrepancies in stock takes by providing a system that allows for real-time data reconciliation. Atala Limited needs a system that provides real time data reconciliations to implement the values of integrity and efficiency, while monitoring and controlling stock and inventory levels across branches. Structured interviews and literature reviews were used as the means of data collection. The Deputy General Manager of Atala Limited and the staff who were dealing with their old system were involved in the data collection process. Open-ended questions were used in interviews to get insight into the organization and industry. After analyzing the data collected, it is recommended that the company incorporates the Tally Prime Software, Tally.net, as well as a policy document to improve the inventory control system that the company currently has. When these proposed solutions are implemented in the daily operations of the business, it would help to combat the issues surrounding inventory management control. Among the many features provided by Tally Prime which includes data reconciliation and synchronization as well as stock alerts, Atala Limited will also benefit from the ability to access data from any location, on any computer, at any time through Tally.net. We believe that this software will greatly improve the efficiency of inventory management at Atala Limited.
Description
Applied project submitted to the Department of Business Administration, Ashesi University, in partial fulfillment of Bachelor of Science degree in Business Administration, May 2022
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Citation
Serwaa-Sompa Addai-Deseh, Zanita Zateh-Gammor, & Israel N. Orevaoghene. (2022). The Impact of Inventory Management on the Performance of Atala Limited. Ashesi University.