BIO Web of Conferences (Jan 2024)

Enhance framework for fresh markets inventory management in malaysia

  • Ng Yew Wooi Edward,
  • Farooq Khattak Umar,
  • Ali Hussein Al Naffakh Hussein,
  • Binti Mohamed Shariff Norsuaini

DOI
https://doi.org/10.1051/bioconf/20249700135
Journal volume & issue
Vol. 97
p. 00135

Abstract

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The fresh market sector holds a vital position in the food supply chain, serving as a crucial link between producers and consumers. This study research examines the inventory management practices within fresh markets in Malaysia. The aim is to identify both common and unique approaches and issues related to inventory management, with the objective of enhancing the efficiency of existing inventory management systems in Malaysian fresh markets. However, one of the key challenges faced by many retail groups in this sector is maintaining a balance between demand and supply. This imbalance often results in the issue of overstocking, leading to significant food loss. Upon thorough analysis of existing literature reviews, this study presents the framework for improving fresh food management and identifying flow-related challenges associated with current inventory management practices. The findings of this research serve to guide policymakers in adopting a comprehensive approach to tackle the issue of imbalanced food supply and address the shortcomings in inventory management within Malaysia.