Inventory Management Practices in Non-profit Retail A Case Study of Mercy Hospice Retail Shops, Auckland, New Zealand.
By Jayathilaka W.M. Introduction 1.1 Background of the Study Inventory management stands as a pivotal operational facet in the retail landscape, directly influencing organizational efficiency, financial stability, and customer satisfaction. However, within the intricate milieu of retail, non-profit organizations introduce a distinctive set of challenges and opportunities, owing to their altruistic objectives and resource constraints. The effective management of inventory in non-profit retail settings not only ensures operational fluidity but also plays a significant role in advancing the organization's mission and serving its beneficiaries. 1.2 Research Aim and Objectives This research aims to delve into the realm of inventory management practices within the non-profit retail sector, with a specific focus on Mercy Hospice Retail Shops situated in Auckland, New Zealand. The objectives of this study are as follows: ...