DOI of the published article https://doi.org/10.61796/ijeirc.v2i11.428
The Role of AI, IoT, and RFID-Based Digital Inventory Control Systems in Improving Operational and Financial Performance (A Study of Retail Companies Listed on the Indonesia Stock Exchange for the Period 2020-2024)
Peran Sistem Pengendalian Persediaan Digital Berbasis AI, IoT, dan RFID terhadap Peningkatan Kinerja Operasional dan Finansial (Studi Pada Perusahaan Ritel Yang Terdaftar Di Bursa Efek Indonesia Periode 2020 -2024)
DOI:
https://doi.org/10.21070/ups.9947Keywords:
Financial Perfomance, Inventory Turnover, Gross Profit Margin, Net Profit Margin, Return On Asset, Inventory Control System, AI, IoT, and RFID, Operational PerformanceAbstract
This study examines the role of AI-, IoT-, and RFID-based digital inventory control systems in enhancing operational and financial performance in Indonesia’s retail industry. Operational performance is measured by inventory turnover, while financial performance is evaluated using gross profit margin, net profit margin, and return on assets. The research uses secondary data from 22 retail companies listed on the Indonesia Stock Exchange over the 2020–2024 period, selected through purposive sampling, and applies simple linear regression analysis. The results show that digital inventory control systems have no significant effect on inventory turnover. However, they have a positive and significant impact on gross profit margin, net profit margin, return on assets, and overall financial performance. These findings suggest that digital inventory systems contribute more to improving financial efficiency and profitability than to operational inventory turnover in the Indonesian retail sector.
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