Abstract

Numerous studies have explored the effectiveness of implementing operations management
techniques in inventory management and its impact on revenue performance. This study
aims to ascertain the significance of inventory management, its various approaches, and the
correlation between managing inventory effectively and revenue performance. Employing a
secondary data collection method, the researcher reviewed and analyzed pertinent
documents from various authors. The research findings reveal that a majority of small and
medium-sized enterprises struggle to adopt new inventory management methods, thereby
adversely affecting their revenue performance. When inventory management isn't integrated
seamlessly, treating it as a separate entity, these enterprises struggle to ensure optimal
resource utilization. However, the study also notes the presence of both positive and
negative relationships between inventory management strategies and sales performance. In
conclusion, the study recommends that SMEs enhance their inventory management
techniques to positively impact business revenue. This improvement is crucial for
streamlining operations and maximizing financial outcomes.
Keywords: Inventory management, Business revenue, Applying operations, Management
techniques, Sales performance.