Research Background
Vietnam is known as a country with high economic growth, and political stability, attracting the attention of foreign investors, with characteristics as one of the countries with the highest population density number 3 in Southeast Asia, with a young population structure, and increasing demand for shopping in supermarkets In the context of international economic integration, boosting imports is a tool to help our country integrate more deeply and deeply, and come into contact with a variety of goods Therefore, the retail distribution industry appears to be developing into a lucrative piece of cake for domestic and international companies that want to import products into supermarkets in order to expand their product line.
Especially after I was accepted into the internship as a warehouse worker in the Logistics Department I've learned during my internship at GO! SupermarketDa Nang that receiving and importing activities are crucial to the flow of goods and to completely satisfy customers' requirements It seems that receiving goods is a fairly simple job, it only has steps such as checking goods, entering data on the computer, and sending goods to the warehouse But that's not the case, behind it is a process of many different jobs that need to be done If there is no import department, how will it affect the performance of the supermarket? Does the GOLD system best serve the needs of goods data entry? Is the process of importing frozen milk products the best guarantee? Are the facilities and operation of the forwarding warehouse safe in the process of receiving goods? Those are the issues I am concerned with myself.
For those reasons, I decided to choose the topic “Methodological framework to improve the administrative process of importing frozen dairy products: A case study of warehouse inventory & order purchase management at GO! Supermarket, DaNang” I hope that through the processing and statistical analysis of the data collected during the research, the research results can hopefully provide the supermarket with a deeper insight into the situational factors that can bring satisfaction and also to better understand the importance and process of importing dairy products.
Research Objective
The process of importing dairy products will have administrative and practical processes My themes are as follows: Proposing a Methodological Framework to improve the administrative process of importing frozen dairy products: A case study on inventory & order management at GO! Danang.
1.2.2 Specific Objective a) Applying data analytics to business operations at GO! Danang. b) Learn the process and evaluate the process of importing frozen dairy products at GO! Danang. c) Provide a framework for improving the import process of frozen dairy products at GO! Danang d) Contributing to improving professionalism in the process of organization and implementation of the import model.
Overview GO! Supermarket DaNang
Big C serves as the GO supermarket's forerunner Hypermarket GO! has been operating in Vietnam for more than two years and is a potential new member of the retail market in Vietnam GO Supermarket! Inheriting the core value "Price is always low" from Big C supermarket, GO Hypermarket! is committed to customer-centricity to serve customers better with a more modern and professional shopping experience, always innovating constantly to create the most joyful and unique experiences with a unique atmosphere 1 Outstanding service, modern purchasing environment.
1 Supermarket Go! The New Strength makes the Vietnamese Retail Market more exciting
Figure 1.1: Logo of GO! Supermarket
Supermarket system GO!, which works under the "Commercial retail" or
"Hypermarket" models, is a cutting-edge business strategy being implemented by Central Retail Group (Go!'s the parent company) of Thailand The casino is one of the world's leading retail groups, with more than 200,000 employees working in more than 11,000 branches, in Vietnam, Thailand, Argentina, Uruguay, Brazil, Columbia, France, Madagascar, and Mauritius At GO! Da Nang Supermarket malls and hypermarkets, most of the space are devoted to consumables and food with low prices and high quality.
The brand colors of GO Hypermarket! The main color red, represents enthusiasm, blood, youthfulness, dynamism, and modernity In addition, the logo's depiction of circles demonstrates the company's core principle of always placing the needs of its customers first in order to provide them with excellent shopping experiences, cutting-edge services, and a reasonable price In addition to the circle logo and the the main color of the GO Hypermarket logo is red, and the logo also features a picture of a trolley, which also serves as a greeting to visitors to the store.
After changing its name from Big C Danang supermarket to GO! Da Nang, GO!
Da Nang officially opened its doors in November 2020 at the Vinh Trung Plaza commercial area (Hai Chau District, Da Nang City) with about 30,000 items, 95% of which are high-quality domestically produced goods, creating jobs for about 250 workers GO! Da Nang rents this commercial area to do business, in addition, it also rents out to businesses as sales counters on the 1st and 2nd floors.
The company is located at 255-257 Hung Vuong- Thanh Khe- Vinh Trung Commercial Area- Da Nang City, Viet Nam, and the business phone number from Da Nang is 84-236 3622844, which is used for main communication channels The business Website includes a Vietnamese domain known as centralretail.com.vn.
1.3.2 Core values, mission, and vision
Our commitment is to help Vietnam thrive and raise the standard of living for Vietnamese people.
We make the lives of our customers easier with our passionate, empowered staff, effective interaction on a collaborative platform, and an entrepreneurial mindset.
Putting the customer first is a fundamental value that Hypermarket GO! consistently upholds by giving customers the best goods, services, and shopping experiences.
Products available at GO! supermarkets can be categorized into the following 5 major branches:
Fresh foods: including dairy products, bread, fruits, veggies, poultry, seafood, and frozen and processed foods
Dry food: includes seasonings, drinks, soft drinks, alcohol, snack cakes, chemicals, cosmetics, cat food, and accessories
Clothing and accessories, including footwear and handbags, for men, women, children, and infants
Home electronics include various items, such as kitchen appliances, home entertainment systems, computers, tools, and informatics equipment
Items for interior decoration include furnishings, toys, sporting equipment, plastic items, household appliances, decorative items, and upgrade items.
GO Supermarket! currently has strong human resources with more than 6000 officers and employees working in 38 trade centers, Da Nang branch in particular has about 255 employees During peak occasions such as holidays, New Year, or weekends, the head of the human resources department will recruit more seasonal staff to ensure the business operations of the center run smoothly and meet customer needs timely The entire staff of GO! Da Nang has enthusiasm, capacity, and high responsibility.
Figure 1.3: Space for a Supermarket, GO! Da Nang
The forerunner of the GO store! As a BigC store, Da Nang maintains the same size and amenities With a total area of more than 20,000 m2, the GO! supermarket branch in Da Nang offers more than 10,000 different products to satisfy the requirements of single people, families, and HORECA blocks (Hotel- Restaurant- Cantin) There is a separate storage area for foods that need to be kept cool and moist, like vegetables, fruits, dairy, seafood, and meat The showroom and warehouse both have brand-new, cutting-edge technology that complies with standards.
Figure 1.4: Ordering App GO! on ZaloPay
Source: From the fan page of GO! supermarket
Figure 1.5: Order on the GO supermarket app!
GO Supermarket! Da Nang builds an image as a supplier of "Fresh goods - Good prices - Every day", with continuous and complete supply capacity and products that meet strict standards The shopping at the GO supermarket! Da Nang is also convenient and safe when the company has built a system of multi-channel sales and electronic payment Because of the above reasons, GO! Da Nang will be the first choice for customers.
Supermarket's Business Performance over Three Years 2020-2022
Net sales of goods and provision of services
Gross profit on sales and service provision
4 Total accounting profit before tax 4,101 4,161 -7,767 60 1.46 -
Profit after income tax of the enterprise
Table 1.1: The Company's Consolidated Financial Statements from 2020- 2022
Source: Finance Department at GO! Supermarket Danang
Net sales of goods and provision of services Gross profit on sales and service provision
Profit after income tax of the enterprise
Chart 1: The Revenue and Profit of GO! Danang Period 2020-2022
Source: GO! Supermarket Danang Consolidated Financial Statements
Through the preliminary calculations in the above statistics table, we can easily see that the company's net revenue from selling goods and providing services is the actual revenue that the company receives from business activities In the past 3 years, the company's net sales have continuously decreased sharply In
2020, the company's net sales revenue reached 192,912 million VND, in 2021, sales revenue was only 166,963 million VND, is a decrease of 25,948 million VND, equivalent to a decrease of 13.45% In 2022, the company's net sales continued to decrease by 38,863 million VND, equivalent to a decrease of 23.28% compared to 2021
The company's net revenue from 2021 has a sharp decrease to the next year In
2022, the company's net revenue has plummeted, which is a bad sign that greatly affects the financial situation of the business Thus, net revenue tends to decline sharply, causing the company's economic situation to fall into recession.And the cause of the above downturn may be due to the product production cycle, product quality improvement, sales work and the influence of Covid - 19.This is a bad sign, if not overcome in time will lead to a bad, alarming situation
The total accounting profit after tax of 2021 compared to 2020 has increased from 3,119 million VND to 3,126 million VND, equivalent to 0.22% It shows that in these two years there is profit but the increase in profit is not high From
2021 to 2022, the total profit after tax decreased sharply from 3,126 millionVND to -8,038 million VND, equivalent to a decrease of 3.57% This also shows that the company's profit situation is volatile, due to the effects of theCovid-19 epidemic The production and business efficiency is not high,enterprises have to suffer losses in the years Therefore, businesses need to take timely measures to both increase revenue and cut operating costs in order to maximize profits and overcome losses.
Organizational Structure
Figure 1.6: Organizational structure of GO! Supermarket DaNang
Source: Human Resource Department of GO! Supermarket DaNang
1.5.1 Fundamental Responsibilities and Obligations by Department
OMNI Chanel and Online& B2B Sales
The Board of Directors: it is in charge of all business operations at GO! supermarket, oversees all financial and accounting matters, handles human resources, and has the authority to make all investment and expansion plans Its management is solely under the control of the Board of Directors The board of directors for the business is currently made up of a director and a deputy director
Scanning Department: this department is responsible for ensuring the alignment and harmonization between the activities of the ordering department - data support, receiving goods to support the store's business department to perform the best to Achieve sales targets, provide adequate goods, not miss out on shortages and also provide adequate supplies to customers
Head of the Scanning Department: responsible for ensuring communication between his team and the booths, managing inventory, and giving the stalls timely and accurate information support, to do the best to achieve the sales target, to supply enough goods so that there are never any shortages and that there are also enough for customers
The Accountant at the Forwarding Warehouse: It is responsible for routinely reviewing the inventory on the GOLD software to ascertain how much stock is on hand at the counter and in the warehouse and, using that information, to quickly place orders with suppliers
This department is responsible for receiving goods, checking, and counting goods from suppliers to the forwarding warehouse
Handling and returning goods for missing / excess or damaged or broken items in the process of transporting goods, the quality of goods is not guaranteed
Support the scanning department and inform them of any orders that are flawed, expired, or not delivered in the allotted time frame so that the scanning department can swiftly reprint orders with customers' supplies to prevent damage and a lack of inventory
The cargo details must be managed by the forwarding warehouse
In addition to the work mentioned above, the forwarding warehouse needs to organize the goods by area and transport them to the warehouse once the goods have been thoroughly examined and the security department has verified that they are cleared Storage on the 2nd and 3rd floors
Human Resources Department (Personal Manager):
This department is responsible for recruiting personnel for the company to ensure quality according to the requirements, aspirations, and strategy
Organize and coordinate with other departments to implement personnel management, training, and re-creation closely and effectively
Develop regulations on salary and bonus, measures to encourage employees to work, and implement regimes for employees
Researching, drafting, and approving applicable regulations in the company, building the company's organizational structure departments, and implementing organization
Finance Section and Chief Accountant:
Be held directly accountable to the business for all tasks relating to finance and accounting, such as maintaining accurate, thorough, and timely accounting records, entering data into GOLD software, re- inventories of data, and financial accounts
It is essential to regularly update the board of directors on the company's financial situation while preparing monthly financial statements, management reports, and financial disclosure reports on significant figures for everyone to understand
Plan and carry out accounting tasks like compiling data, logging thorough paperwork, updating accounting records, and expressing one's own viewpoint on the business's operations in a neutral and general way
Work together with other corporate divisions to determine the workload and state of the business
Disseminate and apply security regulations to the stalls and also notify local authorities of all store security policies
When an incident or an accident occurs in the supermarket, it must be quickly reported through the supermarket's loudspeaker and telephone to the head of the security management department to quickly solve the problem
Ensure the security of areas controlled by the supermarket, such as parking lots and business corridors
In order to maintain the supermarket's image and prevent customers from becoming dissatisfied, resolve customer complaints and complaints made during the purchasing process Verify the entry and export of products. Control and avert losses inside and at the cashier's counter
Upkeep and repair of technical networks
Replacement of advertising signs and counter-related technology
General monitoring of the work: cleanliness, effectiveness, and upkeep results, network security
The counter decoration section creates and embellishes advertising signs and decorates supermarkets
Perform inspection of food safety and hygiene such as vegetables, fruits, milk, fish, shrimp as assigned by the Hygiene Quality department
When there is an error or a problem with goods of incorrect quality, this department is responsible for announcing the products that the department has quarantined
Manage rental space to meet goals, revenue targets, and leasing process implementation
Choose prospective retailers to create the ideal shopping center with a range of goods
Control documents, including agreements, appendices for renting booths,and owner reports
The sales manager is ultimately responsible for the counter manager The counter's head must oversee daily operations in order to reach the designated income level The counter manager is responsible for Developing a plan to deploy counter operations, managing counter staff, managing counter revenue and expenses, and training and evaluating counter staff
Report monthly on the sales and expenses of the counter, give advice and suggestions in promoting sales, and reduce the amount of inventory at the counter
Check the product's expiry date, instructions for use, packaging, etc, and control over the disposal of broken and expired goods
Accountable for making sure standards are strictly followed and procedures are implemented correctly
Monitor processes, specifications and, standards set forth by the company
B2B Purchases via the OMNI Channel and Online
Control multi-channel online purchases across a variety of platforms, including apps, GO!, Zaloshop, telesales, etc
By running advertisements, the station can continue to be seen and used by viewers 2 Additionally, we look for new customers, keep relationships with existing ones, and, with the help of the channel, gather data, assess customer needs, and identify the most popular products and from there can obtain the best option for every client
Arrange the analysis of causes, take corrective and preventive actions, and track the company's implementation process
Document and synthesize customer complaints
Create channels for information so that consumers can quickly access details about the business, the product's features, prices, and payment options.
2 The Process of Importing Clothes and Pants at The Delivery Warehouse, Danang
Describe the problem specific of GO! Supermarket DaNang
After an internship at Go! In Da Nang, it is observed that the frozen dairy import process has the following problems:
First, the goods classification of GO! is not optimized effectively Specifically, the company merely classified goods according to the supply chain such as fresh food, frozen milk, cosmetic chemicals, etc., but not yet classified in those items, which ones account for the percentage, highest weight, average weight, or lowest density As a result, it will result in mistakes being made when allocating funds to inventory, including high-value products and unprofitable high-volume items
Second, the prediction has not brought the highest efficiency, and the optimal order quantity has not been determined, leading to unnecessary costs One of the most important tasks of inventory management is forecasting, if inaccurate forecasting will cause inventory shortages for sales and production activities, orders are too large for inventory levels that delay delivery, or the order is canceled due to the company's inability to supply; order quantity is too low compared to inventory level, giving rise to denaturation risk; quality reduction; shortage; Loss during unloading and storage will cause significant costs for supermarkets
Third, the professional level and ability to assess the quality of inventory of employees are still at an average level, leading to errors in a small number of goods reports At the same time, the inspection and counting of goods are still done manually, so it is difficult to avoid confusion and shortage of goods In addition, the inspection of goods is still sensory, there is no certainty in the counting of goods, so when bringing goods to the warehouse on the 2nd and 3rd floors, it is often found that defective goods, missing goods, and promotional goods are detected untested resulting in frequent returns of goods
Fourth, there are many difficulties because the warehouse is currently undergoing technological transformation; consequently, there are situations that may occur during the import process such as a few goods in the process of loading and unloading, being damaged tearing the packaging, denaturing the product, the specified location has no goods, taking the wrong product code, importing and exporting the wrong quantity, and rotating goods too frequently leading to time loss
Finally, the warehouse is still messy, the goods have to be stacked higher than the standard or it is difficult to move, the staff using the pallet truck are careless and inexperienced, and the pallet truck is still using human power mainly, so that leads to parked goods, plays happen quite a lot, and pallets are broken In addition, some pallet trucks have ceased to work effectively due to their long usage time, so sometimes there is a traffic jam when there is a lot of delivery due to a lack of trailers and lack of pallets
Purpose of the Thesis Work
The primary goal is to be able to develop a number of strategies to improve GO! Danang's frozen dairy products import procedure
Coordinate activities to make enough inventory available: Ensure that the stock is available on demand at all times Because the shortage and excess of inventory both show weaknesses in the operating organization The delivery line for supermarkets will be interrupted in the event of a shortage of goods As a consequence, sales will drop off or you'll get more customer complaints
Minimize inventory costs and investments: the goal is to help reduce costs and investment volume in inventory This is achieved mainly by ensuring the necessary volume of goods in the supermarket at all times
The issues are pointed out as a reference to be concretized from their underlying causes in order to propose feasible solutions with detailed strategies and action plans
SWOT Analysis
The SWOT stands for (Strengths - Weaknesses - Opportunities - Threats), it is a method of analysis and a framework used to evaluate a company's competitive position and to develop strategic planning The SWOT analysis assesses internal and external factors, as well as current and future potential.
1.8.2 SWOT Analysis at GO! Danang
In the past, the GO Da Nang supermarket often focused too much on importing many products, so it was the strategy of marketing expansion, which led to uneven and unsustainable development Nowadays, through the SWOT to better understand that and check out the GO! Da Nang is known to take advantage of strengths, overcome weaknesses as well as seize timely opportunities in business activities.
Source: Search on the Internet
As a whole, GO! DaNang has lots of strengths that enable it to retain influence in the retail market in DaNang Firstly, GO! has a large-scale system nationwide (19 supermarkets are operating in Vietnam), providing a full range of customer services such as advertising, display of goods, transportation, product packaging, and maintenance The second is to compete with competitors in the same industry and strengthen its position, GO Supermarket! Da Nang always has outstanding points compared to other supermarkets The firm has strong financial prospects, extensive, long-term management experience, and a successful business plan Fourth, the strength is that supermarkets GO! Da Nang is diverse, rich in products, cheap, and reasonable in line with the average income of Danang people (the cost of GO! goods is always cheaper than other big supermarkets such as Metro, Coop Mart), and trained staff.
Finally, the supermarket GO! Da Nang is located in the center of Da Nang city, opposite the Con market (a place visited by many tourists) 3
Besides the strong points, there are still some problems that still occur at GO! Danang First, the supermarket's guarantee service is still minimal When a customer sends a damaged product in for warranty, they must spend more or wait a long time to receive the warranty As a result, there isn't much client satisfaction with this kind of service This has a major impact on the retail market's representative image of supermarkets, which is luring investors like Vietnam Second, though, supermarkets GO! Da Nang has quite a few cashier counters, but customers have to queue before paying due to a large number of customers.
On the other hand, the working environment in the supermarket is unprofessional and the knowledge of the goods is still lacking because the majority of the employees are quite young and only employed part-time Stable and slow in the process of capturing customer needs such as on holidays and weekends, customer demand is increasing, but supermarkets have not yet met enough essential items, and goods quickly run out This sometimes makes customers angry with the service of the supermarket Finally, the GO! Da Nang's distribution system is still limited, primarily serving customers in the city center This makes it very difficult for customers to access suburban regions because it takes a lot of time and effort to travel there 4
Besides the strengths and weaknesses, Big C has many opportunities which will benefit With a population of 1,188,374 individuals, Da Nang is a sizable market with a lot of potential Population growth will consequently result in higher retail sector demand Besides, along with the process of industrialization and modernization, the population is undergoing restructuring, and people tend to choose Da Nang as a place to live and start a business That will be an opportunity to go to the supermarket GO!
Da Nang has opportunities for business development Moreover, the increase in people's income is a target sign for the development of supermarkets In addition, the increasing consumer demand for goods, and increasing income lead to increased spending levels, giving supermarkets many opportunities in the retail market In
3 SWOT of Go! Viet Nam,
4 BigC Strategy addition, nowadays people often go to supermarkets to shop, which shows that the trend of people going to supermarkets is becoming more and more popular 5
Going along with the opportunities that the retail market in Vietnam brings, Big
C also faces a number of threats First, there is competition within the business from other industries and competitors Currently, the number of medium and large professional shopping centers, like Coop Mart, Metro, Lotte, and others, is increasing, giving customers more options for products Customers' expectations for service quality during the period were rising steadily, leading to increasingly strict customer service evaluations The second challenge for GO supermarket! Da Nang comes from the preferences and shopping habits of consumers To save commuting time, many consumers tend to shop at local markets or grocery stores close to home This also contributed significantly to the decrease in revenue of GO! supermarket The third issue that supermarkets may face is danger from their suppliers The production process has an issue, which limits returnability, the distribution process is unable to supply the supermarket, and other factors have contributed to the unstable supply of goods The operations of the supermarket are impacted as a consequence Finally, the economic crisis is escalating, the consumer price index is increasing, and the economic crisis is increasing, making the demand for shopping at supermarkets also decrease 6
Assess the general performance of a business A thorough SWOT analysis provides a rare chance to gain a deeper understanding of GO! Da Nang and the most thorough assessment of the position that the company holds in the sales industry The SWOT analysis makes it possible to evaluate the company's potential strengths and weaknesses, which must be constantly updated to address in order to strengthen and keep the company's strengths
Naturally, performing a SWOT analysis enables you to determine the company's strengths, areas for improvement, as well as the opportunities and threats the company encounters However, conducting a SWOT analysis gives you the opportunity not only to identify these factors but also to establish
5 Research on Factors affecting Purchasing Decisions on E-commerce Sites
6 The Business of Supermarket Go! potential solutions This can be helpful when planning budgets, identifying needs, and other focused and long-term strategic planning
The SWOT analysis plays an essential role in helping to clearly guide the CaseStudy on “Methodological framework to improve the administrative process of importing frozen dairy products” Since then, in order to determine the main cause, it is necessary to determine the right research objectives, focus on user research methods and give the most appropriate and satisfactory.
Scope & Limitation
Scope of Space: focus on the forwarding warehouse at Supermarket GO! Danang.
Scope of Timeframe: research and data analysis work of 2020-2022
Scope of Content: the objective of the study is to determine how the factors affect the frozen milk import process of GO! Danang The job is to identify the situation that needs to be overcome and improve the supermarket's frozen milk import process in order to achieve high efficiency in delivery through the application of specific strategies, actions, and plans.
Data collection process: realize that it is difficult to have enough information due to some special requirements of the company for management that the company data is internal, limited to letting the data out Errors in research implementation such as inexperience in primary data collection and time constraints
Limitations in the Instrument (Interview Survey)
Figure 1.8: Go Supermarket's App for Addressing Questions
Resource: Research on the Internet
Surveys are often through direct personal conversations, and communication requires a respondent, leading to time-consuming, interview rejection
Lack of privacy: because the survey requires respondents to answer questions directly, this creates a lack of privacy, they tend to avoid the question and do not want to answer
An interview survey is understood as the result of a separate survey, each person has a different individual personality that can lead to the psychological reactions of the respondents, which will also affect the reply content Interviews often take place with strangers, so it is easy to make respondents distrust and affect interview results
Online surveys: People often don't care about the survey, often complete it, don't care what the question and answer are, answer sentimentally, and create an unstable response rate and the data collected is often unreliable.
Lack of previous studies in the research area: Research models from previous researchers or lack of information and documents related to the research topic for reference purposes also limit the name of this study.
Approach
Today, commodities are crucial to people's existence This results in the retail sector growing and increasing the value of companies, which will also have an impact on the environment of domestic businesses, which is very exciting with lots of possibilities and risky challenges Domestic businesses are compelled to alter their management strategies in order to increase product quality, decrease product prices, and keep production costs as low as possible in order to maintain the service competitiveness Meanwhile, supermarkets also need to focus on receive management, which is a crucial and significant problem because effective receipt management will benefit businesses
Businesses can avoid using a lot of capital for inventory, guarantee a sufficient supply of raw materials to customers, and prevent a shortage of raw materials from causing a shortage of goods resulting in a lack of products available on the market, which reduces profits, or customer, market, or market share losses, etc The significance of receiving products into the warehouse is thus quite obvious To participate in the Da Nang supply market, GO! must enhance the delivery process, streamline administrative processes to save time, and spend money on infrastructure and equipment like enlarging warehouses and delivery ports to create more room Utilizing contemporary trailer technology for loading and unloading cargo, increasing working capacity and cargo capacity, and training and developing workers.
Methodology
Documentary research method: Collecting, information and documents from many different sources: research topic, web articles, and documents from other sources related to the research topic After synthesizing the theory, classifying, processing data, and synthesizing theory from there to draw conclusions and serve as a theoretical basis for the topic.
Quantitative Research: This is a formal research step conducted with an online survey technique through questionnaires to collect information from GO! Da Nang.Collected data will be processed using SPSS 20.0 software.
Chapter II presents ideas, categorizations, and domestic and international research papers associated with the thesis, identifies research gaps, and highlights novel aspects of the research paper.: (2.1) Conception; (2.2) Type of Frozen Dairy Product, (2.3) Type of Warehouse; (2.4) The Role of the Warehouse; (2.5) Research Topic Overview
It is the activity that takes place right after the goods are purchased This is also a sequence of warehousing operations of the enterprise This process helps managers easily control as well as track exactly the number of goods that the business owns.
Frozen dairy products are products made from milk and frozen during production and transportation Frozen dairy products include frozen yogurt and ice cream.
A place used to store goods in standard condition, is a point in the supply chain where goods are stored which may include raw materials, packaging materials, components, and semi-finished or finished products in different time periods.
2.2 Type of Frozen Dairy Product
It is a product made from yogurt and some other dairy products It can also be made by freezing partially fermented yogurt The storage temperature of frozen yogurt is 6-8 degrees Celsius.
It is a frozen dairy product made by properly mixing and processing milk and milk products with sugar and flavoring with or without the addition of stabilizers, emulsifiers, and coloring agents and with a combination of temperatures during freezing Ice cream storage temperature is -18 degrees Celsius or lower.
It is commonly used to transport and store perishable items, mostly food The climate control warehouse will be responsible for managing and controlling temperature and humidity To ensure that the goods delivered to the customer are still of the required quality.
For storing finished products to the final stages, ready to put on the market to serve consumers.
It serves as a location to store raw materials or partially finished products while they wait to be delivered to other manufacturing units to finish products.
Including all forms of packaging used to store and package products, such as trays, baskets, plastic bags, pallets, etc.
2.4 The Role of the Warehouse
Storage: The warehouse provides the necessary space for storage and it is one of the important functions of the warehouse
Moving goods: involves several different tasks, such as importing goods
(depositing goods to the warehouse), moving to the warehouse (moving goods from the input area to the storage area), picking orders (selecting goods in the warehouse in accordance with the order), loading and unloading operations, and unloading operations (inspection and unloading of shipments)
Information management: keep track of information about goods that have entered the warehouse, stored, and moved out of the warehouse In addition, any other information related to the warehouse is also stored The data collected by the information system in the warehouse is then passed on to higher management to make better decisions
Today's market demand for consumption is influenced by a variety of variables, including proactive or objective factors Even though seasonal fluctuations can sometimes be plainly planned for and predicted, there are still times when a sudden event, like Covid-19, results in an abrupt and unpredictable rise in the demand for food
Therefore, it is necessary to have a warehouse to store goods to be able to adjust when the market grows abnormally or decreases abnormally Even if the demand increases, the amount of inventory can relieve some production pressure The cost is greatly reduced because the goods were stored early, limiting the risks of material prices
Optimizing production costs: Warehouses will help identify shipments of goods at economies of scale when production and distribution of goods begin Proper orientation of goods helps to save costs due to transportation, storage, and warehouse management This takes advantage of many facilities, so it is more efficient and profitable
Service becomes more professional: This is shown very clearly, through the fact that the supply of goods is always guaranteed when there is a fluctuation, which also keeps the pseudo-stable state, shipped quickly to the customer's location. Optimizing the storage section brings a lot of efficiency to finding and packing products faster Save a lot of time for suppliers and customers
Commodity coordination: To be able to take advantage of the optimal storage capacity from the warehouse, many businesses choose to store a variety of goods.
Nowadays, all trading companies have the process of importing goods, it is an obvious activity, but there are also some inadequacies and unpredictable problems in most countries including Vietnam This is also considered an issue that has received a lot of attention and research has been exploited In Vietnam, the research topic on improving the import process of goods is as follows:
Conception
It is the activity that takes place right after the goods are purchased This is also a sequence of warehousing operations of the enterprise This process helps managers easily control as well as track exactly the number of goods that the business owns.
Frozen dairy products are products made from milk and frozen during production and transportation Frozen dairy products include frozen yogurt and ice cream.
A place used to store goods in standard condition, is a point in the supply chain where goods are stored which may include raw materials, packaging materials,components, and semi-finished or finished products in different time periods.
Type of Frozen Dairy Product
It is a product made from yogurt and some other dairy products It can also be made by freezing partially fermented yogurt The storage temperature of frozen yogurt is 6-8 degrees Celsius.
It is a frozen dairy product made by properly mixing and processing milk and milk products with sugar and flavoring with or without the addition of stabilizers,emulsifiers, and coloring agents and with a combination of temperatures during freezing Ice cream storage temperature is -18 degrees Celsius or lower.
Type of Warehouse
It is commonly used to transport and store perishable items, mostly food The climate control warehouse will be responsible for managing and controlling temperature and humidity To ensure that the goods delivered to the customer are still of the required quality.
For storing finished products to the final stages, ready to put on the market to serve consumers.
It serves as a location to store raw materials or partially finished products while they wait to be delivered to other manufacturing units to finish products.
Including all forms of packaging used to store and package products, such as trays, baskets, plastic bags, pallets, etc.
The Role of the Warehouse
Storage: The warehouse provides the necessary space for storage and it is one of the important functions of the warehouse
Moving goods: involves several different tasks, such as importing goods
(depositing goods to the warehouse), moving to the warehouse (moving goods from the input area to the storage area), picking orders (selecting goods in the warehouse in accordance with the order), loading and unloading operations, and unloading operations (inspection and unloading of shipments)
Information management: keep track of information about goods that have entered the warehouse, stored, and moved out of the warehouse In addition, any other information related to the warehouse is also stored The data collected by the information system in the warehouse is then passed on to higher management to make better decisions
Today's market demand for consumption is influenced by a variety of variables, including proactive or objective factors Even though seasonal fluctuations can sometimes be plainly planned for and predicted, there are still times when a sudden event, like Covid-19, results in an abrupt and unpredictable rise in the demand for food
Therefore, it is necessary to have a warehouse to store goods to be able to adjust when the market grows abnormally or decreases abnormally Even if the demand increases, the amount of inventory can relieve some production pressure The cost is greatly reduced because the goods were stored early, limiting the risks of material prices
Optimizing production costs: Warehouses will help identify shipments of goods at economies of scale when production and distribution of goods begin Proper orientation of goods helps to save costs due to transportation, storage, and warehouse management This takes advantage of many facilities, so it is more efficient and profitable
Service becomes more professional: This is shown very clearly, through the fact that the supply of goods is always guaranteed when there is a fluctuation, which also keeps the pseudo-stable state, shipped quickly to the customer's location. Optimizing the storage section brings a lot of efficiency to finding and packing products faster Save a lot of time for suppliers and customers
Commodity coordination: To be able to take advantage of the optimal storage capacity from the warehouse, many businesses choose to store a variety of goods.
Research Topic Overview
Nowadays, all trading companies have the process of importing goods, it is an obvious activity, but there are also some inadequacies and unpredictable problems in most countries including Vietnam This is also considered an issue that has received a lot of attention and research has been exploited In Vietnam, the research topic on improving the import process of goods is as follows:
The topic "The current situation and solutions to improve the efficiency of importing frozen foods at Intimex import and export joint stock company 7 ” was researched by student Tran Nhat Tan and was published on October 11 / 2010 The research topic shows that, in the given situations, the negative impact of the import of frozen food is considered an important impact on the company According to the analysis results of the topic, it has been shown that the factors affecting import
7 Thesis The Current Situation and Solutions to Improve the Efficiency of Frozen Dairy Imports at Intimex Import and Export Joint Stock Company activities: are suppliers, technology, content, carriers, and employees of the receiving company The statistics describe the lowest employee ratings in the import operation. Therefore, it is necessary to limit and overcome this in the coming time and come up with solutions to improve the efficiency of frozen food imports at Intimex Import- Export Joint Stock Company
The topic "Solutions to improve the import process of goods at VT Medical
Laundry Joint Stock Company 8 ”was implemented by student Nguyen Thi Bich Ha and was published on January 6, 2018, with the goal of researching The current situation of studying the import process of goods, the degree of influence of this process on the business process of enterprises, and import activities are affected by many factors such as the impact of objective factors and subjective On that basis, adding ideas to help
VT Medical Laundry Joint Stock Company have more solutions to overcome the limitations of the process of importing goods Last, but also one of the most important factors, is that I hope import businesses can realize the urgency of completing the import process and increasing business efficiency.
The topic "Improving the import process of goods at Thuan Hao Trading
Company Limited 9 " was researched and published by Nguyen Thuy, Hong Ngoc Hoa on August 26, 2021 The objective of this study is to analyze factors affecting the import of goods in the company The study applied many methods such as synthesis, and comparison through the obtained data to see the increase and decrease of the indicators in each period The collected analytical data is currently working at the company and has been involved in the import of goods The results show that the awareness of the import process, information quality, system quality, support services from the company, subjective standards, and perceived behavioral control have a positive influence on customer satisfaction of people for importing goods In addition, some management implications are discussed and proposed to help the company improve the import process in the best way and improve service quality
8 Solutions to Improve the Import Process of Goods at VT Medical Laundry Joint Stock Company
9 Improving the Import Process of Goods at Thuan Hao Trading Company Limited",
The topic "Determinants of milk and milk products import in Ethiopia 10 researched and published by Yohannes Mehari in May 2019 shows the factors affecting the import of milk The study also shows that the level of satisfaction with the milk import process is generally average, and the overall level of veg milk imports has decreased in both volume, turnover, and export value Not only that, but there are also external factors affecting the decision to import milk such as raw material supply, domestic consumption market, socio-economic factors, trends, and policies affecting import. milk From the given impact factors, the study authors have proposed temporary and long-term solutions to improve the milk import process in Ethiopia
The project "A Multivariate approach to forecasting dairy imports 11 " researched by Regina Camille Laufmann and published in November 2014 shows important insights into each approach to forecasting dairy imports adequately with the market The study also shows that some dairy products will not fluctuate or grow strongly because milk is considered essential in human life Besides, enterprises producing, trading, and importing this item also have to face many challenges At the same time, the study through data also clearly states that it is more difficult for small businesses to access, and the impact is more serious than that of large enterprises From the study, it can be seen that the prediction has a positive impact on both the subject and dairy imports
From the overview of domestic and foreign research papers, it can be seen that the research topic on the import process of goods attracts much attention from researchers However, partly because this issue is still new, the "nooks and crannies" of the problem have not been fully exploited Specifically, to learn, evaluate, and accurately analyze the impact of imports on a specific item or industry in the global product supply chain.
10 Determinants of Milk and Milk products Import in Ethiopia
11 A Multivariate Approach to Forecasting Dairy Imports
Research topic “Methodological framework to improve the administrative process of importing frozen dairy products: A case study of warehouse inventory & order purchase management at GO! Supermarket, DaNang” is a topic to fill the existing research gap Through the study, evaluation, and specific analysis in the research paper, we will have an objective view of the specific impact of the import process on frozen dairy products, and assess the severity of the impact or mildly, what are the remaining downsides in this market? From that practical basis, recommend and propose appropriate policies that have the most direct and effective impact to remove difficulties for supermarkets.
Overview of the import Frozen Dairy Product supply chain network at GO!
Frozen Dairy Product is a food item in grocery stores, this item in the supermarket is very diverse in categories The supermarket has all the frozen milk that consumers need such as ice cream, frozen yogurt, liquid milk, and condensed milk, almost all products are pasteurized before freezing to aim The purpose is to ensure microbial safety because pathogenic microorganisms can survive at cryogenic temperatures Therefore, each time this product is imported, the supermarket is always interested in the quality of the food in this item 12
Figure 3.1: Overview of the Supply Chain of Frozen Dairy Products
Source: Forwarding Warehouse of GO! Supermarket DaNang
12 The Import Process at Go! Danang
When a supplier wishes to bring products into GO! Da Nang for consumer consumption, must adhere to the following conditions:
Food hygiene and safety standards, the ISO quality management system, and the requirement for a certificate of quality assurance of food hygiene and safety are rigorously enforced on all products All product batches, including raw materials, semi-finished goods, and finished goods, are thoroughly evaluated for microbiological and physicochemical standards According to the requirements of Vietnamese legislation, products must meet the quality criteria, be labeled, and have a statement about the product's quality
For goods imported for circulation in Vietnam, the name and address of the producing organization or individual and the name and address of the importing organization or individual must be recorded
Goods imported into Vietnam that do not have the mandatory contents in Vietnamese indicated on the label or are not indicated adequately must have an additional label indicating the mandatory contents in Vietnamese and must retain the original label of the goods The information on the label that is printed in Vietnamese must match the information on the original label.
GO Supermarket! Da Nang has many suppliers for frozen dairy products Here are some key suppliers of supermarket frozen dairy:
Vinamilk Company: was established in 1976 in Vietnam Now is a Vietnam
Dairy Products Joint Stock Company with multi-industry production and business and is one of the strongest companies in Vietnam in the field of production and trading of milk and dairy products as well as machinery and equipment related in Vietnam Realizing the large consumption in supermarkets, Vinamilk together with GO! signed a contract and committed to ensure the prestige and quality of products for consumers Products that GO! imported as Yogurt, ice cream, frozen milk, pasteurized fresh milk, etc.
In 1993, a production workshop with the purpose of manufacturing and selling snacks was created as part of the KIDO Group After 27 years of growth and maintenance, KIDO has established and keeps its top spot in a variety of product categories under the KIDO brand For frozen goods, the top brand in the ice cream market is Merino & Celano, which is owned by KIDO Frozen Foods Joint Stock Company (KDF), which also owns 65% of KIDO
The KIDO Company observed that GO! Da Nang is a significant retail system in the city of Da Nang, with sizable patrons and high levels of product usage As a result, both parties have signed a contract and agreed to provide high-quality products, complete labels, and attractive packaging, and at the same time, KIDO will always be sensitive to customers' needs.
GO! Da Nang – GO! operating under the model of "Commercial Center" or
"Hypermarket", is a modern retail business form being deployed by Central Retail Group (the parent corporation of GO supermarket!)
GO Supermarket! Da Nang includes:
The warehouse on the 1st floor is a forwarding warehouse specializing in freight forwarding procedures
Warehouse on the 2nd floor is a warehouse for frozen goods, salty goods, sweet goods, vegetables, tubers, fruits
Warehouse on the 3rd floor is a warehouse for cosmetics, apparel, interior decoration items, etc.
Outside counters are used to display products to serve and meet customers' needs.
Organizational customers are businesses, primarily hotels, eateries, and canteens in the Da Nang region, that purchase goods for their own use or as raw materials for the manufacture of goods and services in the area of the Danang.These customers often have long-term contracts with businesses, order via email, and exchange with delivery coordinators or sales forces
Individual clients: the majority of clients are people and families residing in Da Nang city, particularly those in the Thanh Khe and Hai Chau neighborhoods. There are also international residents in Da Nang, as well as tourists and foreign visitors
3.1.2 Shifting Lines on the String
The stage of preserving milk quality in cold enough temperature is the most important part affecting the company's quality reputation With that criterion, companies have continued to use air-conditioners for trucks has the capacity to cool and freeze products to -25 degrees Celsius when needed Most suppliers of frozen dairy products will have a vehicle or hire a delivery vehicle for supermarket delivery.
The information flow in the chain is a 2-way flow from the supplier to the supermarket! Da Nang, EB Service Co., Ltd., and customers
The relationship between EB Service Co., Ltd and suppliers: Suppliers Vinamilk Company and KIDO company will work with GO! Supermarket DaNang with GO! via email to finalize the order's conditions, including the delivery date, price, quantity, model, and payment details In case the supplier does not have a transport vehicle, a shipping company must be hired the supplier will provide the shipping company information to GO! Supermarket Danang
The relationship between EB Service Co., Ltd and GO! Da Nang: The commercial department will rely on Gold software to know the amount of frozen dairy in stock and at the counter If the quantity of goods in stock is low, the commerce department will send a PO (PO with the approval of the counter manager) to the corporation via email
The Corporation will place orders based on the received PO and will notify the supermarket about the cases where the supplier does not have enough stock or currently does not have the item email or phone.
The relationship between the supplier and the GO! Danang:
For frozen dairy products in large quantity or in urgent need due to high demand, the supermarket will directly order with the supplier via email and based on the remaining stock in the section Gold soft to order.Usually, orders will be placed one day before the delivery date (for suppliers with distributors in Da Nang) and delivered according to the schedule specified in the contract between GO! Supermarket DaNang and the supplier
When receiving the PO, if the item is not available from the supplier or the quantity is not enough, the supermarket must be notified via email or phone Supermarkets and suppliers will communicate with each other about the delivery date, time, etc via email
Relationship between supplier and shipping company:
The Process of Importing Frozen Dairy Products at GO! Supermarket Danang
Figure 3.2: The Process of Entering Items at the Delivery Warehouse when
Source: From Forwarding Warehouse of GO! Supermarket DaNang
1 Carpentry, Printing, and Order Fulfillment
6.2 Instruct the supplier representative to bring the vehicle into the receiving area.
6.1 Refuse to accept, make a record.
4 Registration for delivery: At the warehouse entrance, the security guard requests that the supplier's representative declare the goods, and record information, etc
7 Security guard at the receiving area: Ask the supplier's representative to load the goods into the pallet
10 Transfer forwarding records to enter GOLD and information to the forwarding administrator (if any)
11 Delivery staff: Rotate goods Warehouse employee: Sorting goods
9.1 Reject the goods and make a record
3.2.2.1 Step 1: Print, affix, and transfer orders
Every day, the staff of the data management department will combine with the ordering department to check the inventory every day, based on the GOLD software to know the amount of frozen milk in stock and at the counter If the amount of frozen milk in stock is low, Ms Luu Thi My (Head of Order Management and Scanning) will set up an order and send it to the head of the frozen dairy counter for review If the counter manager agrees with the quantity and design of the order, Ms My will print, carpentry, and transfer the orders arising during the day to the delivery management office before 5 pm Additionally, Ms My will email orders to businesses that specialize in offering refrigerated milk, like Vinamilk, KIDO, etc The companies specializing in frozen dairy supply can then transport the products to the forwarding warehouse within the stipulated delivery window by themselves or by hiring transport services.
In the order, in addition to the agreement of the head of the frozen dairy stall, there must be a full signature of the head of the department, the head of the counter, and the order pool seal For purchases of frozen dairy products costing 10,000,000 VND or more, GO! Supermarket Danang's signature manager is required.
Figure 3.3: The Sample of Purchase Note
Source: Warehouse Forwading of GO! Supermarket Danang
3.2.2.2 Step 2: Arrange and Manage Orders
As soon as an order is received from the data management department, the delivery management department will arrange and manage the orders by counter, by category to facilitate the inventory process.
3.2.2.3 Step 3: Delivery to the store
Companies specializing in the supply of frozen dairy products will deliver goods by the way the company has its own transport vehicle or the company hires an external transport vehicle such as Vinamilk, KIDO Group often delivers goods by the company's vehicle in order to ensure the required temperature and quality of frozen dairy The supermarket and the supplier representative will negotiate the conditions of delivery and return window Frozen dairy products typically have high consumption, so delivery times to supermarkets at the warehouse are within the contractually stipulated delivery times Frozen dairy products companies are only permitted to transport on Mondays, Wednesdays, and Fridays.
After the company transports frozen dairy products to the supermarket warehouse, the delivery staff will have to declare the goods on the vehicle, the delivery warehouse staff will check the delivery schedule (refuse to receive the goods if the supplier has not received the goods) wrong delivery schedule / wrong time frame) The on-time delivery provider will register for delivery at the security guard at the warehouse by presenting the citizen ID or driver's license to the guard and the guard will keep them The security guard will then issue a delivery card and delivery order number and will also guide the supplier's representative to bring the vehicle into the correct receiving area according to the order number
The supplier's representative must also present the delivery invoice, warehouse release note, order invoice, value-added invoice, etc to protect the complete information such as the representative, name supplier, contract number, etc in the register of the warehouse and forwarder and notify the forwarding administrator
Follow-up jobs registered for delivery at the warehouse of GO! Da Nang is mostly done by manual recording
Figure 3.4: Schedule of Forwarding Warehouse
Source: Warehouse Forwarding of GO! Supermarket DaNang
After the security guard writes all the information, the supplier's representative has completed the registration of delivery Security will bring all documents to the delivery management office and staff will perform the following tasks: check delivery records, documents related to supplier's goods, and compare original orders Check on the supplier's value-added invoice and the order that the products match the quantity, deliver the right item and deliver to the correct address In addition, frozen milk products are temperature-sensitive products, so it is also necessary to check the temperature of goods that need special storage conditions.
Figure 3.5: Delivery and Purchase Note
Source: Warehouse Forwarding of GO! Supermarket
3.2.2.6 Step 6: Evaluation of Delivery Records
Step 6.1: For suppliers whose records, original orders, shipping conditions, storage temperatures, labels, etc are not satisfactory, they will be refused to receive the goods and make a report refusing to receive goods
Step 6.2: For suppliers with full documents, original orders, transportation conditions, storage temperatures are satisfactory The supplier representative will be instructed to bring the vehicle into the pickup area
After registering for delivery, the delivery staff must arrange the items on the pallet that is already in the forwarding warehouse so that the boxes with the same barcode or the same type will be stacked or close together They must also use pallet trailers to transport the items to the warehouse in accordance with the forwarder's instructions so that they are orderly and simple to inspect.
Source: Warehouse of GO! Supermarket DaNang
To guarantee a specific temperature during transportation, warehouse staff will first verify the truck's body temperature Because this will have an impact on the frozen dairy products' quality before they reach GO! Danang Then, the warehouse staff will use the purchase that the supermarket gives to the supplier to inventory the items The items will be checked to see if they meet the order sheet's specifications for number, code, type, and main and promotional items, among other things At the same time, the quality of ice cream, yogurt, and frozen milk products such as ice cream does not melt, expiry date, packaging, labels, barcodes are not blurred, etc so the security guard will sign the name and stamp the checked goods on the order slip.
Example requirements for yogurt products:
Yogurt products should be stored strictly at a temperature of 6 to 8 degrees Celsius Milk may become loose if stored at temperatures above 8 degrees Celsius for a short time (a few hours like during transportation, loading, and unloading) Product shelf life is 45 days from the date of manufacture
Packing: packed in 1 blister with a net weight of 400g (4 boxes x 100g) (quantitative error in accordance with Circular No 21/2014/TT-BKHCN of the Ministry of Science and Technology)
Packaging material: The product is contained in a special HIPS plastic container for food, ensuring food hygiene and safety requirements according to QCVN 12-1:2011/BYT
Transportation: yogurt is transported in specialized cold equipment and tools for food, which is not rusty, does not contaminate milk; quality assurance, food hygiene and safety
Step 9.1: For defective frozen dairy products such as unsatisfactory goods, wrong type/wrong code, deviation of actual goods compared to the order or no quality assurance, goods near the expiration date expiry date, frozen dairy products are liquefied, the box is torn or someone has opened the box before when arriving at the supermarket's delivery room As a result, the delivery staff will refuse to receive the goods and make a record of refusing to receive the goods In case of a shortage of goods, the supplier has time to compensate within 24 hours; if that period has passed,
Ms Anh (Warehouse Accountant) will submit the supplier's file to the accounting section so that the accountant can work with the supplier
Step 9.2: For satisfactory goods, the delivery staff will count the goods under the supervision of the security guard to avoid frauds and dishonesty in the counting process
Figure 3.7: Handover Record for Goods from Sales Delivery by Supplier
Source: Warehouse Forwading of GO! Supermarket DaNang
3.2.2.10 Step 10: Input Data into the GOLD Program
The forwarding staff transfers the delivery records and information on arising problems to the Delivery Manager (if any) Then proceed to enter information into GOLD software GOLD software is a cargo data management software used by the company to manage import and export data
Dispatch: When customers purchase items from the supermarket and pay at the checkout counter, the data system is instantly updated, letting staff members know how much inventory is still in the warehouse and at the counter
Import goods: when the goods have passed the manual inspection of goods and then enter the data into the GOLD software to manage the supermarket's goods
The steps to enter information into GOLD software are as follows:
Source: Warehouse Forwading of GO! Supermarket DaNang
In the Menu section of GOLD software, select Receptions, then click Checked in qty-input
The Order Section table appears, in the Order No section, based on the supplier's order code printed in the purchase note, we enter the last 4 or 5 digits of the order code in the Order No section and include the first digit The first is the percent sign (if there is no percent sign (%), you must write the number of orders)
After pressing Enter, the name of the supplier of that item will appear, double- click on the supplier's name
After double-clicking on the supplier's name, the Quantity input table appears.
Official Study
Flowchart Perform Content Documents, forms
Based on the orders sent by the head of the order management and scanning department, the warehouse department is responsible for checking the information and preparing to receive frozen milk from the supplier.
Receive and check the quantity, specifications, of the goods according to the order, if:
If the goods are correct and sufficient, ask the warehouse staff to receive the goods
If the order is not correct, please report back to the order management and scanning department
Carry out the warehousing in accordance with regulations.
Update in the import and export monitoring book
Receipt; import and export monitoring book
Maintain all records according to records control procedures
Figure 3.12:Provide a Framework for Improving The Import Process of Frozen
Dairy Productsct at GO! Supermarket DaNang3.4 Official Study
3.4.1 Building the Ladder for Research
The scale I give in the research is the one that has been recognized and used in the world However, in the context of Vietnam in general as well as in Da Nang City in particular, these scales also need to be considered to adjust and supplement accordingly In the research paper, I used the identifier scale, the hierarchical scale to collect the information of employees at GO! Danang
Nominal scale: I have the employee information at the GO! Da Nang such as Position held, Education, Work experience, gender, and age
NUMBER FACTORS INDICATORS ENCODE SCALE
1 Position held Warehouse and Delivery
Education Graduated from high school Nominal scale
Master Degree or above ED3
Below 2 years WE1 Nominal scale
4 Gender Male GD1 Nominal scale
5 Age 16-22 age AG1 Nominal scale
Table 3.1: Nominal Scale Table 3.4.2 Hierarchical Scale
After researching and referring to research models on factors affecting inventory management and purchasing of domestic and foreign research groups, together with the adjustment of the factors that make up the overall satisfaction, the research team will conduct a model study of the influencing factors that are: Information technology, records management, employee skills, resources finance/financial capital, purchasing procedures Qualitative research results are also the basis for building a scale of factors affecting inventory management The scale used in this study is a 5-level Likert scale as follows:
Totally disagree Disagree Have no ideas Agree Totally agree
The scale of factors includes:
Scale “Information Technology affects Inventory Management & Purchasing”
Latent Factors and Observed Variables
IT Information Technology affects Inventory Management
1 IT1 Provide greater clarity on actual inventory levels and customer order history.
2 IT2 Collect the right data at the right time
3 IT3 Many inventory management tasks are now automated because of advancements in information technology.
4 IT4 The use of information technology can help organizations become more accurate, efficient, and cost-effective.
5 IT5 The inventory management system is now connected to other corporate systems like accounting and CRM thanks to information technology.
Table 3.2: Scale Table Information Technology
Scale “Inventory Record Management affects Inventory Management & Purchasing”
STT ENCODE Latent Factors and Observed Variables
IR Inventory Record Management affects Inventory
2 IR2 Timely updates of inventory records
3 IR3 Good commodity demand forecast
4 IR4 Identifying potential bottlenecks, inefficiencies, and losses
Table 3.3: Scale Table Inventory Record Management
Scale “ Skill of Staff affectss Inventory Management & Purchasing”
STT ENCODE Latent Factors and Observed Variables
ST The Skill of Staff affects Inventory Management &
1 ST1 Skilled staff can make accurate demand forecasts
2 ST2 Skilled staff to operate technology to help develop supermarkets
3 ST3 Identify and address potential issues and challenges in inventory management and purchasing
4 ST4 Staff with expertise in inventory management can implement effective inventory control techniques
Table 3.4: Scale Table Skill of Staff
Scale “Financial Resources/ Funding affects Inventory Management & Purchasing”
ENCODE Latent Factors and Observed Variables
FR Financial Resources/ Funding affects Inventory
1 FR1 The business has made investments in infrastructure and technology for inventory management.
2 FR2 Businesses can quickly adapt to changes in costs related to transportation, pricing, and macroeconomic issues.
3 FR3 The company's current financial resources allow it to maintain an appropriate level of inventory.
4 FR4 The Company is influenced by macroeconomic factors
(inflation, exchange rates, interest rates) when purchasing and managing inventory.
Table 3.5: Scale Table Financial Resources/ Funding
Scale “Procurement Procedure affects Inventory Management & Purchasing”
ENCODE Latent Factors and Observed Variables
PP Procurement Procedure affects Inventory Management &
1 PP1 Effective procurement processes assist in reducing the cost of business purchases.
2 PP2 Order processing and delivery occur quickly and on time.
3 PP3 The product quality complies with the enterprise's standards.
4 PP4 Good supplier connections are created and maintained with the use of procurement processes.
Table 3.6: Scale Table Procurement Procedure
Scale “Warehouse Inventory & Order Purchase Management”
E Latent Fctors and Observed Variables
CD Warehouse Inventory & Order Purchase
1 CD1 Customer demand can lead to an increase or decrease in inventory.
2 CD2 Change in customer preferences.
3 CD3 Customers have diverse needs for products, quality and price.
4 CD4 Customers have different purchasing needs and frequency.
5 CD5 Customers care about price and want to find products with reasonable prices.
Table 3.7: Scale Table Warehouse Inventory & Order Purchase Management Propose research model:
Therefore, the research hypotheses put forth include:
H1: Information technology has a positive impact on Warehouse Inventory & Order
H2: Inventory Record Management has a positive effect on Warehouse Inventory &
H3: Skill of staff have a positive effect on Warehouse Inventory & Order Purchase
H4: Financing Resource/Funding have the same direction on Warehouse Inventory &
H5: Procurement Procedure have the same direction on Warehouse Inventory & Order
The sample size applied in the study was based on the requirements of Exploratory Factor Analysis (EFA) and multivariate regression (Tabachnick and Fidell, 1996):
Formula 1: For EFA exploratory factor analysis: Sample size with questionnaire content and analysis needs the minimum sample size is 125 To increase accuracy, the minimum sample size increased by 232
In there: n : sample size to be determined m: number of questions in the lesson
Formula 2: For multivariate regression analysis: Sample size with questionnaire content and analysis needs, minimum sample size is 90
In there: n: sample size to be determined m: independent variable
So to increase the reliability of the survey, we choose Formula 1 to process data with a sample size of 232.
Descriptive statistics is a technique that helps researchers describe in general the characteristics of the research sample and the survey results obtained For example: how many men and how many women are in the survey sample; How many people are there in the city? Ho Chi Minh, how many in Hanoi, how many in other provinces; The average score of a certain question A is how much it falls on Likert The statistical indicators of interest are the mean, mode, and standard deviation These three parameters allow to describe the students' overall assessment of the factors mentioned in the questionnaire.
3.4.4.2 The Cronbach Alpha Method of Analysis
Cronbach's Alpha reliability coefficient is a coefficient that allows to evaluate the appropriateness when certain observed variables belong to a research variable. However, the reliability coefficient only indicates whether the measures are related or not; To know which observed variables do not contribute much to the description of the concept to be removed and which observed variables should be kept, we will rely on the correlation coefficient of the total variable (Corrected Item - Total Correlation) Specifically, the criteria in the reliability coefficient test are as follows: Cronbach's Alpha reliability coefficient:
0.7 > α >= 0.6: Acceptable factor scale for new studies
0.6 > α >= 0.5: Factor scale is not suitable
0.5 > α: Factor scale is not suitable
Total correlation coefficient (Corrected Item - Total Correlation): for variable the degree of correlation between one observed variable in the factor and the other variables The total variable correlation coefficient reflects the contribution of a particular observed variable to the value of the factor The standard correlation coefficient of the total variable to evaluate the observed variable contributing to the value of the factor is at >= 0.3 If < 0.3, it is considered to have no contribution and it is necessary to remove that observed variable from the evaluation factor
Cronbach's Alpha coefficient if the variable is excluded (Cronbach's Alpha if Item Deleted): if the value of Cronbach's Alpha If Item Deleted > Cronbach's Alpha, the variable will be excluded from the evaluation factor
EFA exploratory factor analysis is a very important step when performing quantitative data analysis using SPSS in a scientific thesis or research paper When testing a scientific theory, we need to evaluate the reliability of the scale (Cronbach Alpha analysis) and the value of the scale (EFA) In the previous section, we learned about the reliability of the scale, the next problem is that the scale must be evaluated for its value
Exploratory factor analysis, called EFA for short, is used to reduce a set of k observed variables into a set of F (with F < k) of more significant factors In research, we often collect a fairly large number of variables and many observed variables in which they are correlated with each other Instead of going to study 20 small features of an object, we can study only 4 major features, in each of these major features there are 5 small features that are correlated with each other This saves more time and money for researchers 13
KMO coefficient (Kaiser-Meyer-Olkin) is an index used to consider the appropriateness of factor analysis The value of KMO must reach a value of 0.5 or more (0.5 ≤ KMO ≤ 1) which is a sufficient condition for factor analysis to be appropriate If this value is less than 0.5, then factor analysis is likely not suitable for the research data
Bartlett's test of sphericity is used to see if the observed variables in the factor are correlated with each other or not It should be noted that the necessary condition to apply factor analysis is that the observed variables reflecting different aspects of the same factor must be correlated with each other This point is related to the convergence value in the EFA analysis mentioned above Therefore, if the test shows no statistical significance, then factor analysis should not be applied to the variables under consideration Bartlett's test has statistical significance (sig Bartlett's Test 0.6; The total correlation coefficient of all observed variables is greater than 0.3 Therefore, we can conclude that the factor scale
" Warehouse Inventory & Order Purchase " is reliable when measured by 5 observed variables from CD1 to CD5.
The author of the study will analyze the EFA discovery factor into two groups: the group of independent variable factors and the group of dependent variable factors
4.3.1 EFA Exploratory Factor Analysis for the Independent Variable:
The standard of the factor analysis method is that the KMO index must be greater than 0.5 (Garson, 2003) and the Barlett's test has a significance level of sig < 0.05 to show that the data used for factor analysis is appropriate and between the variables are related to each other
The research conducted an analysis of 5 independent variables with the following results:
Kaiser-Meyer-Olkin Measure of Sampling Adequacy ,884
Bartlett's Test of Sphericity Approx Chi-Square 1095,998 df 136
Table 4.12: KMO Index of Independently Variable Factors
Resource: The Results of Data Processing of The Study Author
Kaiser-Meyer-Olkin Measure of Sampling Adequacy (KMO)=0.844
Component Initial Eigenvalues Extraction Sums of Squared Loadings Rotation Sums of Squared Loadings
The results of factor analysis show that the KMO index is 0.844 > 0.5, and Bartlett's test with Sig = 0.000 < 0.05 Therefore, it shows that the factor analysis is appropriate for the data and the dependent variables are correlated with each other in the population This proves that the data used for factor analysis is completely appropriate
Resource: The Results of Data Processing of The Study Author
Perform factor analysis according to Principal components with Varimax rotation The results show that 27 observed variables are initially grouped into 5 groups. Total value of variance extracted = 49.60% < 50%: unsatisfactory
The Eigenvalues of the factors are all high (>1), the third factor has the lowestEigenvalues of 1,356 > 1
Factor matrix with Varimax rotation method:
Resource: The Results of Data Processing of The Study Author
The results of the EFA analysis for the independent variables of the above factor rotation matrix show that the factor loading coefficients of the observed variables are all satisfied when the factor analysis is that the Factor Loading coefficient is 0.5 and the number of factors that create it out when factor analysis is 4 factors
However, Rotated Component Matrixa showed that some independent variables could not show the index for factors such as ST4, IT5, so the author re-ran SPSS to increase the practicality of EFA
Kaiser-Meyer-Olkin Measure of Sampling Adequacy .835 Bartlett's Test of Sphericity Approx Chi-Square 930.262 df 105
Table 4.15: KMO Index of Independently Variable Factors
Resource: The Results of Data Processing of The Study Author
Resource: The Results of Data Processing of The Study Author
Resource: The results of data processing of the study author
After running SPSS again for the second time, the author has eliminated bad variables to increase the practicality of EFA Other metrics also ensure the requirements and no bad variables appear
Environmental Factors Affecting Inventory Management & Purchase at Go! Danang.84
In recent years, the attraction of investment, infrastructure development along with the development of the economy has made Da Nang a fertile and potential market for those who want to live and study , invest in business and operate in this market, including developing trade centers This helps the company to find and select suppliers because there are many suppliers production and supply of goods related to business items in supermarkets However, there are still some items that have not been produced as well as have no suppliers in Da Nang, so they have to be imported from shifts, especially often from Ho Chi Minh City, so it is quite time-consuming and expensive
The application of technology in business as well as in the preservation of raw materials or finished products in the warehouse brings a lot of advantages to supermarkets in improving competitive advantages, reducing inventory management costs,transportation, improving labor productivity and saving time, etc
The economic situation of the country or region has an effect on supermarket inventories as fluctuations in inflation, interest rates, exchange rates and consumer income affect consumer demand and inventory management Government policies and decisions related to the retail industry, imports, exports, taxes and environmental regulations affect supermarket business and inventory management
Environmental issues such as climate change, natural disasters and regulations on environmental protection also affect inventory management The weather in Da Nang has a pleasant climate, located in the typical tropical monsoon climate, with high temperature and little fluctuation, which is convenient for the protection of raw materials stored in the warehouse
Currently, customers are shopping for GO! Da Nang includes:
Customers are retailers, agents, and distributors who buy and sell to end consumers They have the characteristics of buying in bulk, buying frequently and buying directly at supermarkets Therefore, the company often has big discount days for them to know and come to buy
Consumer customers: account for the largest number, are individual customers who come to buy directly at the stalls and not through any retail channels. This group of customers often buy in small quantities, buy spontaneously when there is a need to use, not regularly, not on a term basis
Suppliers play an essential role because they ensure the company can operate stably,the goods are fully and regularly supplied Once a supplier does not guarantee to supply enough goods when necessary, it can cause difficulties and disadvantages for all channel members At that time, the company could not have goods to stock and distribute goods to consumers, leading to customer dissatisfaction, customer complaints, leading to the risk of reducing the prestige of the supermarket's brand, losing the loyalty of both customers if this situation happens often
Any business that sells any kind of product or service in the market is subject to pressure from competitors, both existing and potential Currently in the retail market is very competitive, the direct competitors of GO! Da Nang such as Lotte Mart, CoopMart, Vincom Plaza
Price also has a big influence on inventory management Supermarkets also need to monitor price fluctuations in the market to have reasonable price adjustments and inventory
Inventory Characteristics of GO! Danang
Supermarket inventory Go! Da Nang are dry goods, the common characteristics of these goods are:
Store in a cool, dry environment, away from direct light
Use time from 6 months to 2 years depending on the type of product
Products may lose quality, change properties such as packages being torn or opened during transportation, loading and unloading, etc
Product variety: Inventory at GO! Da Nang can include many different types of products such as furniture, home appliances, clothing, cosmetics, electronics, etc
Procurement & Inventory Management Process
As mentioned in the previous chapters, after the goods are imported at the forwarding warehouse, the goods will be transported to the 2nd and 3rd floors At the end of the month, Go! Da Nang conducts inventory and adjusts the goods in the warehouse That process goes like this:
First, staff will list the goods in stock at the time of inventory, Adjust for long-term or near-expiring inventory, apply measures such as discounts, promotions or return home provided to reduce inventory and optimize the flow of goods, and for goods with no problems will proceed to enter the actual data after the inventory is completed In case if there is an excess or a shortage caused by human causes, the inventory person will make a record to ask for the opinion of the Director or direct manager If there is an excess or a shortage caused by human causes, the inventory person will make a record to ask for the opinion of the director or direct manager
Current Status of Inventory Management & Purchasing at Go! Danang
5.4.1 Current Status of Human Resources
The current situation of human resources in the company's warehouse is assessed based on the capacity of employees in the warehouse department Currently in the warehouse there are 6 male warehousekeepers responsible for managing goods, having a bachelor's degree from a university and a very young age There are some employees who are new because the old employees quit, do not have much experience in the process of arranging goods in the warehouse, do not understand the details, thoroughly about the names and characteristics of the products In addition, due to low qualifications and experience, when importing products and goods, they have to ask the warehouse manager for help, sometimes there is a phenomenon of loss of goods
Supermarket warehouse accountant Go! Working over 10 years, responsible for inventory control with warehouse keeper In addition, the company also has 2 warehouse assistants cum security guards, Uncle Tung and Uncle Tuan, responsible for taking goods, unloading, arranging goods according to the instructions of staff and managers The professional level of both is not high, work is not flexible
5.4.2 Current Status of Inventory Management - Import and Export Book System
One of the weaknesses that prevents many Vietnamese enterprises from having a clear and effective inventory control system is due to the weakness in the bookkeeping and accounting of inventory The company's current inventory record also tends to be similar to the general trend of domestic enterprises The company does not have the attention, hierarchy, or details in the management of goods
5.4.3 Actual Situation in Inventory and Control at the Warehouse
Go Supermarket's current inventory system involves manual data entry of product quantity, expiration date, and location The system is prone to bias and inaccuracies, which often leads to out-of-stock overstocking or waste The main challenges faced by the current system include:
5.4.3.1 Actual Situation in Inventory Work at the Company
Due to the characteristics of the retail industry that there are many product categories with different shapes, sizes, models, and removable accessories, the company still uses manual inventory method In fact, all products and goods of the company that are imported into the warehouse are checked for quality to ensure that they meet the technical requirements before being put into the warehouse and checked according to the regulations set forth
Limited visibility and traceability: Current systems provide limited information about a product's journey from supplier to warehouse, making it difficult to track inventory movements and ensure quality control guarantee 14
Accompanying are the regulations and requirements when inventorying the company's products, goods, and employees:
Ensure product quality requirements from the beginning, resolutely do not import substandard products,and improve the quality of products provided by the company to the market
When controlling defective goods, they are returned to the production place for adjustment and repair, if semi-finished products,or damaged products cannot be supplied, a record is made to control and propose remedial measures
Goods are checked for status identification
Classify the area to each type of product
Product inspection: After being delivered, all products are checked at the warehouse department of the medical supermarket before being stored and displayed corporate quality department
5.4.3.2 Actual Situation in Goods Control
Incorrect inventory records: Differences in inventory data lead to inefficient inventory allocation and increased likelihood of out-of-stock or overstock 15
The manual data entry process is time consuming and requires more labor to manage inventory
Currently, the company is using GOLD software to organize accounting work All import and export activities during the day are recorded and updated continuously. Every day, when buying goods, the accountant gathers the payment receipts for the day to make the list and the warehouse receipt When returning goods, the accountants also make invoices for stocking or importing finished products These vouchers are then entered by the accountant into the program, and the program automatically updates the reports on the import and export situation
Enterprises are always in a passive state due to the inability to predict the purchase volume of customers, so the ability to react promptly to changes in market demand is still low
14 Situation and Inventory Management Solutions of Van Ngan Da Nang Pharmaceutical Joint Stock Company
15 Improving warehouse inventory management through RFID, barcoding and robotics technology
5.4.4 Actual Situation of Goods Placement at The Warehouse
The supermarket has preserved each type of product and product according to the manufacturer's standards to ensure product quality However, the supermarket's warehouse area is quite large but the length is short, when there are many goods in stock there is no room to mix in each other's areas Thereby, it can be seen that the inventory control is not tight, the arrangement of inventory is not neat and messy
The order management system at Go Supermarket follows a traditional approach, based on phone calls, emails and paper documents 16 This process often leads to delays, miscommunication and increased administrative work Key challenges include:
Inefficient supplier communication: Reliance on phone calls and emails makes the process slow and error prone
Poor data visibility and management: The use of paper documents makes order tracking difficult, leading to potential delays and complexity in the fulfillment process
Advantages of Inventory Management & Purchasing at GO! Danang
Enterprise managers focus on the management of goods
Inventory management at the supermarket is assigned to individuals, each individual is in charge of a separate and related job, which is convenient for assigning tasks and tracing responsibility for warehouse incidents happen
Individuals in charge of warehouse management have a high sense of responsibility, working to increase productivity
The leader of the warehouse management team always receives feedback from employees to make the management more effective
The process of importing goods takes place according to specific steps and sequences to help the import of goods take place quickly and easily Moreover, the process of registering for delivery until the goods are inventoried takes place quite closely (100% of goods when they arrive at the delivery warehouse must be counted and checked specifically for each code), since then Minimizing the possibility of errors in the import process
16 Developing Purchasing and Inventory Management of Filter in Storent Oy
The warehouse works continuously from Monday to Sunday morning, including night delivery, so it always ensures the necessary amount of goods for the supermarket, and there is no shortage
Importing goods according to the schedule available in the contract helps warehouse staff monitor and be more proactive in their work
The inventory process is always pub land ic, transparent, with surveillance cameras, so there is no fraud or loss of goods at the supermarket.
Recommendations
Through the process of running SPSS and analyzing in previous chapters, the author has identified independent variables affecting inventory management & purchasing at GO! Danang These independent variables include information technology, purchasing management, and finance all affect the dependent variable. Therefore, supermarkets need to rethink their operations to achieve optimization in their inventory management and purchasing processes The following are specific proposed solutions to improve the process, including:
Supermarkets should invest in modern technology systems to integrate inventory management systems
Inventory control should be incorporated in all functions of an organization, this ensures that all steps are carried out in a comprehensive manner
Applying information technology such as installing cameras in warehouses to avoid theft and damage on goods
Upgrade some supermarket pallet trucks with remote control to make it easier use
Supermarkets should invest in using technology in the process of checking goods such as barcode scanning software, for the warehouse Currently, the supermarket is only equipped with barcode scanners for the 2nd and 3rd floor warehouses, but not yet equipped with barcode scanners for the delivery warehouse If the barcode scanner is equipped for the warehouse staff, it will bring the following benefits to the supermarket:
Limit the possibility of errors such as wrong code, lack of goods, during the tally
Avoid frequent exchange and return of goods to suppliers
Shorten the process and time in the delivery process Instead of counting the goods, they have to give the information staff to enter the data into the system software, the delivery staff will scan the barcode of the goods and the data will automatically be updated into the software, avoiding the wrong time, errors in data entry and save time and resources
Proposing the development of a more user-friendly and easy-to-use information system, for example develop software that allows to check inventory in the industry via phone to facilitate more convenient for employees
Demand forecasting: Analyze historical sales data and market trends to predict future demand for products Use forecasting techniques like moving averages, exponential smoothing, or advanced statistical models to make accurate predictions
Supplier selection and evaluation: Identify potential suppliers based on factors such as quality, reliability, price, and delivery time Evaluate suppliers using a set of criteria, including their past performance, financial stability, and ability to meet required standards
Purchase requisitions and approvals: When stock levels reach the reorder point, create a purchase requisition detailing the required items, quantities, and delivery dates Obtain necessary approvals from relevant personnel or departments before proceeding with the order
Purchase orders: Create and send purchase orders to the selected suppliers, including detailed information about the quantities, prices, delivery dates, and payment terms.
Order tracking and communication: Monitor the status of each order and maintain regular communication with suppliers to ensure timely delivery. Address any potential issues or delays as soon as possible
Receiving and inspection: Upon receipt of goods, inspect the items for quality, quantity, and compliance with the purchase order Check for any damaged or missing items and take appropriate action, such as requesting a replacement or returning the items to the supplier
Inventory management and storage: Store the received goods in the warehouse using proper storage techniques, such as the First-In-First-Out (FIFO) method.Maintain accurate inventory records and ensure proper storage conditions for different types of items, such as temperature-controlled storage for perishable goods
Supplier performance review: Periodically evaluate supplier performance based on criteria such as on-time delivery, product quality, and responsiveness to issues Use this information to improve supplier relationships and make informed decisions about future supplier selection
Continuous improvement: Regularly review and update procurement procedures, policies, and technologies to optimize efficiency and effectiveness. Train staff on best practices and encourage a culture of continuous improvement
Purchase business equipment, such as inventory management systems and inventory tracking technology, to help meet supermarket needs and make operations more flexible, saving time
Financing loans to help supermarkets need to buy large quantities of goods to meet customer needs
Apply bank loans and lines of credit: use loans and lines of credit that can be used to purchase inventory and finance inventory management costs
Invest money in infrastructure and equipment such as expanding warehouses and forwarding ports to increase workspace and cargo capacity, improving and upgrading warehouses and cold storage on the 2nd and 3rd floors to help ensure the quality of the goods
Conclusion
In the context that the economy is changing according to the current trend of globalization and trade liberalization, production and service management in general and inventory management, in particular, play a key role for all businesses including supermarkets Go! Danang Although it has been identified that inventory management is an effective tool to help the company survive, develop and stand firm in the market through capturing purchasing, stocking and consuming activities, and at the same time, The company has also paid certain attention to investing in infrastructure, machinery, equipment and people, but the company's inventory management activities still have many limitations and the overcoming of these limitations still exists This mechanism will contribute a lot to the success of the supermarket Therefore, the current task of the company is to find effective measures to solve the existing difficulties in the company and promote its strengths
Goods that are delivered at the right time to the market is ideal for suppliers.Applying the experience learned from many big companies and big brands in the world, GO! has found suitable methods to help the company feel secure for the input stage, expand production and grow to strengthen and develop its brand in the domestic market Acceleration of inventory movement is always carefully calculated by businesses and ensures that products arrive at the company at the time of real need.
Summary
The "Methodological Framework to Improve the Administrative Process ofImporting Frozen Dairy Products" is a comprehensive approach aimed at enhancing the efficiency and effectiveness of the administrative processes involved in the importation of frozen dairy products This framework seeks to address various challenges and bottlenecks faced by importers, regulators, and other stakeholders in the importation process The framework is built on a thorough analysis of the existing procedures, regulations, and practices in the importation of frozen dairy products It identifies key areas where improvements can be made and proposes specific measures to streamline the process and reduce delays, costs, and risks associated with importing these products.
The methodological framework consists of several components, including:
Identifying the relevant stakeholders involved in the importation process, such as importers, regulators, and other government agencies
Analyzing the current administrative procedures and regulations governing the importation of frozen dairy products to identify areas where improvements can be made in terms of efficiency, effectiveness, transparency, and compliance
Evaluating the existing infrastructure, facilities, and resources available of entry for handling frozen dairy products, and proposing necessary upgrades or enhancements to ensure the safe and efficient handling of these products
Developing a robust risk management system to assess and mitigate potential risks associated with the importation of frozen dairy products, such as contamination, spoilage, or other health and safety hazards
Implementing appropriate information and communication technology (ICT) tools to facilitate the exchange of information among stakeholders, automate routine tasks, and improve the overall efficiency
Enhancing the coordination and cooperation among various stakeholders involved in the importation process to ensure a seamless and efficient flow of information and resources
Monitoring and evaluating the effectiveness of the implemented measures and making necessary adjustments to ensure continuous improvement in the administrative process of importing frozen dairy products
By adopting this methodological framework, the administrative process of importing frozen dairy products can be significantly improved, resulting in reduced costs, delays, and risks for importers and other stakeholders, while ensuring the safety and quality of the products being imported
Warehouse inventory and order purchase management at a supermarket is a crucial process that involves monitoring and managing product stock levels, as well as efficiently handling product orders to maintain optimal inventory levels This system ensures the availability of products to customers and minimizes spoilage or stockouts.The inventory management process involves tracking product quantities, locations,and expiration dates in the warehouse to maintain proper stock rotation and prevent overstocking or understocking When product levels run low, the supermarket needs to place orders with suppliers to replenish stock The order purchase management process involves identifying products that need to be ordered, determining the required quantities, and submitting orders to suppliers Once received, warehouse staff verify the delivery to ensure accuracy and quality before updating the inventory system and placing products on shelves In conclusion, effective warehouse inventory and order purchase management is essential for maintaining a well-stocked supermarket,ensuring customer satisfaction, and minimizing waste.
QUESTION LIST SURVEY TABLE OF RESEARCH INFORMATION ABOUT THE FACTORS AFFECTING WAREHOUSE INVENTORY & ORDER PURCHASE
MANAGEMENT AT GO! SUPERMARKET DANANG
I am a student at the Faculty of Economics and Finance at Duy Tan University. Currently, I am conducting a thesis on the research project "Research on factors affecting inventory management & purchasing at GO! Danang"
This survey will provide me with the information I need for this research I would very much like you to take a moment to help us complete this research.
Question 1: What is your working department?
Question 2: What is your age?
Question 3: What is your gender?
Question 4: Could you please tell us about your work experience?
Question 5: Could you please tell us about your education level?
Question 6: Below are survey information about factors affecting inventory management & purchasing of employees at GO! Da Nang would like to indicate your
AGREEMENT level by marking “X” in the appropriate box according to convention:
(3) No opinion (4) Agree (5) Totally agree
1 Provide greater clarity on actual inventory levels and customer order history
Collect the right data at the right time
The use of information technology can help organizations become more accurate, efficient, and cost- effective
4 Many inventory management tasks are now automated because of advancements in information technology
5 The inventory management system is now connected to other corporate systems like accounting and CRM thanks to information technology
2 Timely update of inventory records
4 Identify potential bottlenecks, inefficiencies and losses
1 Skilled staff can make accurate demand forecasts
2 Skilled staff to operate technology to help develop supermarkets
3 Identify and address potential issues and challenges in inventory management and purchasing
4 Staff with expertise in inventory management can implement effective inventory control techniques
1 The business has made investments in infrastructure and technology for inventory management
2 Businesses can quickly adapt to changes in costs related to transportation, pricing, and macroeconomic issues
3 The company's current financial resources allow it to maintain an appropriate level of inventory
4 The Company is influenced by macroeconomic factors
(inflation, exchange rates, interest rates) when purchasing and managing inventory
1 Effective procurement processes assist in reducing the cost of business purchases
2 Order processing and delivery occur quickly and on time
3 The product quality complies with the enterprise's standards
4 Good supplier connections are created and maintained with the use of procurement processes
VI Warehouse Inventory & Order Purchase
1 Customer demand can lead to an increase or decrease in inventory
3 Customers have diverse needs for products, quality and price
4 Customers have different purchasing needs and frequency
5 Customers care about price and want to find products with reasonable prices
Thank you very much for taking the time to answer this survey!
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