Global Journal of Management and Business Research, E: Marketing, Volume 22 Issue 3

to determine if the constraint has been eliminated, the change agent jumps to step five.  Elevate the constraint Elevating the constraint refers to taking whatever action is necessary to eliminate the constraint. This step is only considered if steps two and three have not been successful. Major changes to the existing system are considered at this step.  Return to step one, but beware of “inertia” Finished goods are items that are ready to sell. − Maintenance, Repair and Operations (MRO) Goods MRO is inventory often in the form of supplies that supports making a product or the maintenance of a business. ii. The Relationship Between Inventory Tracking and Inventory Management Inventory tracking as the name suggests refers to the tracking of stock levels throughout a business’ operations. These are continually influx as customers make purchases and new stocks are brought in, whether to replace items that have been sold to those customers or in anticipation of changing demand patterns (as in the run up for Christmas, for example). Inventory Management is the process of ordering, storing and using a company’s inventory. This includes the management of raw materials, components and finished products, as well as warehousing and processing such items. Inventory tracking has a direct relationship with inventory management because proper and consistent inventory tracking results to better inventory management which goes a long way to reduce cost, promote accountability and for better decision making. Review by Objectives There are some objectives which will be analyzed in the paragraphs below Inventory tracking as the name suggests refers to the tracking of stock levels throughout a business’ operations. These are continually influx as customers make purchases and new stocks are brought in, whether to replace items that have been sold to those customers or in anticipation of changing demand patterns (as in the run up for Christmas, for example). Tracking has a significant impact on inventory management as accurate inventory tracking allows brands to fulfill orders on time and accurately. It also permits warehouse managers to know exactly where goods are found at a given point in time in the supply chain. Inconsistent tracking makes inventory management more complex and accountability very difficult. Here the researcher finds out the various impacts inconsistent tracking has on inventory management with the case of Société BUNS SA. This situation of inconsistent tracking comes from the fact that most store keepers at the various sites do not send the various documents necessary for tracking at the appropriate time. They do not send their bon de receptions and bordereaux de livraisons back to the store keeper at the head quarter for tracking and accountability. It is also due to the fact that most Project directors at the various project sites do not respect of the Company’s inventory procedures. Some even mishandle the company’s. iv. The Impact of Documentation on Inventory Management Documents are a very vital part of Inventory Management. These documents are used for actions and transactions related to inventory items, whether the transactions affect the quantity of the stock or the value thereof (transit, Internal transit, consumption, composition, production, destruction, shortage, surplus. Documentation is a very sensitive part of inventory management and needs to be seriously looks upon by BUNS. Documentation influences inventory Management in the company positively when all the necessary documents needed to control inventory are available. It facilitates the central storekeeper’s work. But with Société BUNS, the central storekeeper doesn’t have all the documents needed to record and keep track of inventory making it difficult to manage inventory from the various construction sites. This goes a long way in influencing inventory management negatively. v. The effects of Inventory Tracking software’s on Inventory Management Inventory tracking software have a significant impact on inventory Management. With Inventory tracking software inventory management is carried out easily. With the Case of Société BUNS, software is not used for all their inventory operations even though they have a common software in all sites and at the base to record the flow of material. It is therefore very difficult for the central storekeeper to easily predict the number of materials which have been received at a given site and the quantity of goods which have left one site for another. This makes inventory recording and accountability difficult. vi. The effects of coding on Inventory Management The objective of coding is to identify goods in a unique way (there can’t be two products with the same code. Coding has significant effects on inventory management as seen in the case of Société Buns SA. The company has a practice of creating codes for every new item or equipment purchased by the company and are placed as tickets on the equipment such as computers, photocopying machines and other 3 Global Journal of Management and Business Research Volume XXII Issue III Version I Year 2022 ( ) E © 2022 Global Journals The Impact of Inconsistent Tracking on Inventory Management Case Study Societe Buns - Cameroon iii. The Impact of Inconsistent tracking on Inventory Management