State university, gombe, nigeria (e-mail: [email protected]) managing inventory is a crucial aspect of worning capital management organizations need materials to produce finished goods, as such efficient managing of inventory will affect the financial performance of the organization the. Is an important part in supply chain management it's shown that the result of this study is valuable to reduce the total cost of inventory and improve the performance of supply chain (roumiantsev & netessine 2005) neglecting the importance of inventory in any organization can lead to the closing down of the company. Influence of vendor inventory management on organizational performance in retail outlets in kenya: a case of uchumi supermarkets john karanja ngugi lecturer school of human resource development jomo kenyatta university of science and technology jonah kipkogei aiyabei phd student in department of. Full-text paper (pdf): the impact of effective inventory control management on organisational performance: a study of 7up bottling company nile mile enugu, nigeria. Abstract—this paper reports the findings of an applied research on inventory management at a textile chain store in malaysia it specifically examined the relationship between inventory management and company's performance interviews with the company management were conducted to identify the.
The literature research reveals that to assess the financial aspects of organisational performance, researchers generally use either accounting-based measures, such as profitability, sales growth, return on assets (roa), return on sales (ros), return on equity (roe) and/or roi, or stock market measures, such as tobin's q. For example, researchers found a cronbach's alpha of 99 in a group of 340 managers in australia and a cronbach's alpha of 78 for a group of 347 trainees who worked for a state organisation the internal consistency reliabilities for the twelve. Performance however, the interaction between cost of capital and inventory types has different implications it is suggested that firms should consider cost of capital when making on effect of total inventories on firm performance, only very few (capkun et al, 2009 eroglu on organizational design and.
Profitability objective inventory control system, organizational development, information sharing and channels relationships affect the performance of the manufacturing firms the study recommended that improved anticipation of future developments in manufacturing firms in kenya will improve their performance the study. The impact of inventory on organizational performance lenin karthikeyan assistant professor, school of business, manipal university, dubai campus, uae online published on 11 july, 2014 abstract inventory management is the process of efficiently overseeing the steady flow of components into and out of an existing. We, the undersigned, certify that we have read and hereby recommend for acceptance by the mzumbe university, a dissertation entitled “the influence of inventory management practices on organizational financial performance: the case of the national microfinance bank headquarters dar es salaam” in.
Organizational effectiveness inventory® research and development by robert a cooke, phd and j clayton lafferty, phd the organizational effectiveness inventory (oei) is your gateway to a deeper understanding of your organization's culture and performance — gained through the perspectives of the people who. Inventories maintained by flour milling firms, a considerable amount of organization's fund is being committed to holding inventory it thus becomes essential to deploy cutting-edge techniques to manage inventories efficiently so as to avoid lost sales, costs of changing production rates, overtime cost, sub- contracting,. The result of the study shows that jit firms have not achieved better organizational performance in terms of sales in $/employee, operating profit margin, and return on investment than non-jit firms but achieved better performances in terms of finished goods inventory turnover, raw materials inventory turnover, and work in.
Abstract organizational performance is a fundamental construct in strategic management recently, researchers proposed a framework for organizational performance that includes three dimensions: accounting returns, growth, and stock market performance we test the construct validity of indicators of these dimensions. This is therefore prompting the researcher to carry the study on the impact of inventory management on performance of an organization like coca cola plant- mbarara branch in mbarara municipality 12 statement of the problem inventory management at coca cola mbarara plant is mostly seen in arrangement of crates at. Lean management is getting more and more attention in today's highly competitive environment in this context, the aim of this study is to test the hypothesis that efficient (lean) inventory management leads to an improvement in a firm's financial performance. Of manufacturing firms in nigeria ogbo and ukpere (2014) studied inventory control management and organizational performance of 7up bottling company in nigeria some of the study reported on just in time strategy in nigeria does not investigate the implication of adopting just in time on financial performance of small.
This study sought to critically analyze inventory management system as a determinant for performance of grain bulk it sought to establish effects of inventory management system on organizational performance specifically it evaluated effects of inventory control, speed, cost and accountability on organization. Downloadable the purpose of the study was to analyze the effect of inventory management on supply chain performance in terms of profitability, reliability, cost, responsiveness, flexibility and asset management efficiency of textile manufacturing firms in kenya the study was guided by the inventory management theory.
This is therefore prompting the researcher to carry the study on the impact of inventory management on performance of an organization like coca cola plant 1 too much inventory and not enough customer service is very common modern inventory management in soft drinks industry utilize new and more refined. Abstract in order for an organization to survive and be effective in meeting their market demand, the organization must be cognizant of its supply chain management for better performance and sustained survival the reason of carrying inventory management practices is to ensure regular supply of. Into the inventory management practice that can improve healthcare organizational performance (sukati, hamid, baharun & huam, 2011) objective of the study the objective of this study was to determine the influence of inventory management practice and the performance of the unit of vaccines and immunizations in the.
Keywords: inventory, inventory management practices, performance of production department manufacturing firms introduction inventories are the stocks of raw materials, work in progress, finished goods and supplies held by a business organization to facilitate operations in the production process ( pandey, 2005. Read chapter v the effect of organizational structure on inventory management performance: inventory management for bus and rail public transit systems. A performance indicator or key performance indicator (kpi) is a type of performance measurement kpis evaluate the success of an organization or of a particular activity in which it engages often success is simply the repeated, periodic achievement of some levels of operational goal (eg zero defects, 10/10 customer. The study is about the effects of inventory management technique on county government of laikipia the study cites some of the possible benefits that organization enjoys by use of various inventory management techniques the main inventory management techniques that the study has focused on are: just in time,.