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Journal : International Journal of Economy, Education and Entrepreneurship (IJE3)

IMPROVING INVENTORY MANAGEMENT PRACTICES IN TRANSFORMING THE EFFICIENCY OF HOUSEHOLD EQUIPMENT STORES AT ROYAL MARKET IN SERANG Khaeruman, Khaeruman; Dewi, Irma Nurmala; Noor, Noorsidi Aizuddin Mat
International Journal of Economy, Education and Entrepreneurship (IJE3) Vol. 4 No. 1 (2024): International Journal of Economy, Education and Entrepreneurship
Publisher : Yayasan Education and Social Center

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53067/ije3.v4i1.246

Abstract

The purpose of this study is to investigate the inventory management practices utilized in household equipment stores located in Pasar Royal, Serang City, as well as the difficulties that store owners encounter when managing their inventory. This study used qualitative research methods, including conducting in-depth interviews, observing, and analyzing documents from within the store. The findings revealed that the retailers utilized various inventory management practices, ranging from straightforward to more organized approaches. Store owners must contend with several obstacles, including inaccurate demand predictions, supply uncertainty, and a need for more efficient inventory management systems. On the other hand, certain stores have implemented improvement strategies, such as Just-in-Time (JIT) methods and the utilization of inventory management software, which have accomplished the goal of increasing both the overall store performance and the operational efficiency of the store. This study emphasizes the importance of better inventory management practices in achieving efficiency transformation in home improvement stores
GLOBAL HUMAN RESOURCE MANAGEMENT STRATEGY IN FACING MULTICULTURAL CHALLENGES IN THE DIGITAL ERA Khaeruman, Khaeruman; Dewi, Irma Nurmala; Noor, Noorsidi Aizuddin Mat
International Journal of Economy, Education and Entrepreneurship (IJE3) Vol. 4 No. 2 (2024): International Journal of Economy, Education and Entrepreneurship
Publisher : Yayasan Education and Social Center

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53067/ije3.v4i2.297

Abstract

This study aims to investigate global human resource management (HRM) strategies for addressing multicultural challenges in the digital era. The primary focus is how multinational corporations manage cultural diversity by leveraging digital technologies. To gather information from multinational corporations in Southeast Asia the research utilized a qualitative methodology that included semi-structured interviews, document analysis, and focus group discussions. The findings indicate that incorporating digital technologies, including performance management systems and cross-cultural communication tools, markedly enhances the efficacy of HRM by promoting collaboration and transparency. These technologies also enable cross-cultural training tailored to employees' cultural backgrounds, closing cultural gaps and increasing inclusivity. Policies supporting technology use in HRM include fair training and evaluation guidelines. The findings of this study offer new viewpoints on how technology-based and adaptable human resource management strategies can assist multinational corporations in addressing multicultural challenges in the digital era