Micro-Business Owners’ Inventory Management Practices

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.