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Micro-Business Owners’ Inventory Management Practices

Author

Listed:
  • Jane Anne B.Gaborno

    (College of Business and Management)

  • Jill Grace G.Ernal

    (College of Business and Management)

  • Ma. Stephanie Rose L. Gange

    (College of Business and Management)

  • Jan Grace P. Mucho

    (College of Business and Management)

  • Kissy G. Cariaga

    (College of Business and Management/Guimaraes State University)

  • Daisy B. Ibieza

    (College of Business and Management/Guimaraes State University)

  • Lovely Joy J. Egael

    (College of Business and Management/Guimaraes State University)

  • Ronald G. Gentapanan

    (College of Business and Management/Guimaraes State University)

Abstract

This study assessed the inventory management practices of micro-business owners in Buenavista, Guimaras, and determined whether significant differences exist across various demographic and business characteristics. Data were collected from 287 micro-business owners across the municipality using a descriptive research design. The results show that micro-business owners in Buenavista implement generally high levels of inventory management practices, particularly in stock classification, transparency in reporting, and meeting customer demand. However, gaps exist in using systematic tracking tools and technology-driven inventory systems. Educational attainment, average monthly income, and capital investment significantly influence the effectiveness of inventory management practices. Micro-business owners with higher educational levels, greater income, and larger capital allocations demonstrated more structured and effective inventory management practices. The findings suggest that improving educational opportunities, enhancing access to financial resources, and promoting the adoption of technology-driven systems could significantly improve microenterprises' inventory management practices and business efficiency. This research provides insights for policymakers, local government units, and support agencies in designing targeted interventions to promote the growth and sustainability of micro-businesses in rural settings.

Suggested Citation

  • Jane Anne B.Gaborno & Jill Grace G.Ernal & Ma. Stephanie Rose L. Gange & Jan Grace P. Mucho & Kissy G. Cariaga & Daisy B. Ibieza & Lovely Joy J. Egael & Ronald G. Gentapanan, 2025. "Micro-Business Owners’ Inventory Management Practices," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 9(9), pages 4550-4559, September.
    • Handle: RePEc:bcp:journl:v:9:y:2025:issue-9:p:4550-4559
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    References listed on IDEAS

    as
    1. Laura A. Orobia & Joweria Nakibuuka & Juma Bananuka & Richard Akisimire, 2020. "Inventory management, managerial competence and financial performance of small businesses," Journal of Accounting in Emerging Economies, Emerald Group Publishing Limited, vol. 10(3), pages 379-398, May.
    2. Tuan Zainun Tuan Mat & Marshita Hashim & Shukriah Saad & Mohd Badrulhisham Ismail, 2023. "Inventory Management Practices among Small and Micro Businesses during COVID-19 Pandemic," Accounting and Finance Research, Sciedu Press, vol. 12(4), pages 1-86, November.
    3. Rashmi Ranjan Panigrahi & Avinash K. Shrivastava & Sai Sudhakar Nudurupati, 2024. "Impact of inventory management on SME performance: a systematic review," International Journal of Productivity and Performance Management, Emerald Group Publishing Limited, vol. 73(9), pages 2901-2925, March.
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