scholarly journals Effects of Inventory Management on The Performance of State Corporations in Kenya

2020 ◽  
Vol 4 (2) ◽  
pp. 27
Author(s):  
Kwambai Mercy Jelagat ◽  
Dr. Samson Nyang’au Paul

Purpose: The purpose of the study was to determine the effects of inventory management on the performance of state corporations in Kenya with an aim of making recommendations.Methodology: The study employed a descriptive research design. The researcher preferred this method because it allows an in-depth study of the subject. Data was collected using self-administered questionnaires. The study employed stratified random sampling technique in coming up with a sample size. Pilot study was carried out to establish the validity and reliability of the research instruments. The instruments were designed appropriately according to the study objectives. The data collected was analyzed by use of descriptive and inferential statistics. The study used multiple regression and correlation analysis to show the relationship between the dependent variable and the independent variables. The data generated was keyed in and analyzed by use of Statistical Package of Social Sciences (SPSS) version 24 to generate information which was presented using charts, frequencies and percentagesResults and conclusion: The regression equation above has established that taking all factors into account (inventory categorization, inventory control techniques, information technology integration and demand and supply forecasting) constant at zero, performance of state corporations in Kenya will be an index of 0.817.The findings presented also shows that taking all other independent variables at zero, a unit increase in inventory categorization will lead to a 0.537 increase in performance of state corporations in Kenya. The P-value was 0.000 which is less 0.05 and thus the relationship was significant. The study also found that a unit increase in inventory control techniques will lead to a 0.097 increase in performance of state corporations in Kenya. The P-value was 0.002 and thus the relationship was significant. In addition, the study found that a unit increase in information technology integration will lead to a 0.067 increase in the performance of state corporations in Kenya. The P-value was 0.000 and thus the relationship was significant. Lastly, the study found that a unit increase in demand and supply forecasting will lead to a 0.08 increase in the performance of state corporations in Kenya. The P-value was 0.001 and hence the relationship was significant since the p-value was lower than 0.05. The findings of the study show that, inventory categorization contributed most to the performance of state corporations in Kenya. The findings of the study indicated that; safety stock management, inventory control techniques, information technology integration and demand and supply forecasting have a positive relationship with performance of state corporations.Unique contribution to theory, policy and practice: Finally, the study recommended that public institutions should embrace inventory optimization practices so as to improve their performance and further researches should to be carried out in other public entities to find out if the same results can be obtained.

2019 ◽  
Vol 3 (2) ◽  
pp. 63
Author(s):  
Audilia Mkamburi Mkonu ◽  
Dr. James Ongwae Gichana

Purpose: To explore the relationship between inventory management policies and supply chain performance of supermarkets in Nairobi City County in Kenya. The study specifically sought to examine the relationship between inventory control policies, risk management policies,  information technology policies,  and stakeholder management policies and supply chain performance of retail supermarkets in Nairobi City County in Kenya. The study’s theoretical review was based on the Balanced Score Card, Contingency theory, Resource Based View and Stakeholder theory.Methodology: Descriptive research design which employed both qualitative and quantitative approaches was used to investigate the relationship between inventory management policies and supply chain performance. The target population was 112 supermarkets in Nairobi City County as listed in the 2016 master file of the Nairobi City County licensing department. Stratified random sampling was used to determine the study sample of 88 using Slovin’s sample size formula. Primary data was collected through questionnaires that were administered to supermarkets’ supply chain managers by drop and pick technique. Statistical Package for Social Scientists (SPSS) version 21 was used to code, enter, process and analyze data into descriptive and inferential statistics.Results:The study’s response rate was 84.1%. Pearson correlation Coefficient (r) and multiple regression models were used to determine the relationship between the study variables. ANOVA was also used to test the significance level of the independent variables on the dependent variable at 95% confidence level. The regression model study results had an adjusted R2 value of 0.672 which showed that the independent variables in the study were able to explain 67.2% variation in supply chain performance with the remaining 32.8 % being explained by other variables outside the model. The study findings established that a positive significant relationship exists between inventory management policies and supply chain performance of retail supermarkets in Nairobi City County in Kenya.Contribution to policy and practice: The study recommended that supermarkets supply chain managers to periodically assess their inventory management policies to ensure that they were effective and adequate in controlling inventory levels and the associated inventory risks while regulating the use of information technology and supporting stakeholder management policies that encourage good relations, timely payment to suppliers, employee efficiency and customer loyalty.


2021 ◽  
pp. 63-87
Author(s):  
Hussein Ahmad Bataineh ◽  
Sulaiman Salim Al Harthy ◽  
Raqiya Ali Al Balushi

The objective of the study was to establish the relationship between corporate governance Index and financial performance and evidence from Amman stock exchange. To achieve this objective, this study applied descriptive research structure. In this case, the research focused on the 181 firms listed at the Amman Stock Exchange (Appendix I). The statistical techniques that was applied to analyze collected data included descriptive statistics. The information analyzed revealed that the model summary indicated that the R² to be 0.243. This meant that 24.3% of the variation in performance (ROA) was due to the predictor variable captured in the study. This also implied that 75.7% of the variation in ROA was attributed to the measurements of error and other factors that could have had an effect on the ROA but were not captured in the study. The estimated model showed that ROA when other factors are held constant was 1.610. The outcomes also revealed that governance score had a beta coefficient of 0.573 indicating that for every unit increase in governance score on the ROA went up by 0.573. This relationship is significance since P-value of 0.025<0.05. Therefore, the model qualified as a good predictor. Keywords: Corporate Governance, Financial Performance, Amman stock Exchange.


2020 ◽  
Vol 2 (1) ◽  
pp. 20-28
Author(s):  
Yoweri Rutagira ◽  
Richard Opaka Awichi

The main purpose of the study was to investigate the effect of physical distribution management on organizational performance by Rutungu Distributors Ltd, Kampala (U). The study assessed the relationship between order processing and organizational performance in Rutungu Distributors Ltd in an attempt to establish the relationship between storage and organizational performance in the organization. It also sought to find out the relationship between other aspects of inventory management on organizational performance within the company. The research used a case study design approach which was correlational considering both quantitative and qualitative approaches in the data collection, presentation, and analysis. The population of the study was several categories of employees of the company. Findings from the study depicted that there is a positive significant relationship between order processing and organizational performance implying that when a customer submits an order, it is verified to ensure the necessary information is included and processed promptly. Storage and organizational performance; this means that the company can reduce damage through good materials handling. There was a positive significant relationship between inventory control and organizational performance as a result of heavy investment in inventory control practices and procedures. There was also a positive significant relationship between transportation and organizational performance showing that the company has an effective automated transportation system, observes well-coordinated fleet management practices, and also has a good vehicle maintenance policy. The study thus recommends the company to continue reducing the time it takes to get an order to a customer’s premises and to replenish its stores as it is what every company desires, but while faster fulfilment and small order sizes make customers, and store managers happy, faster fulfilment comes at a cost.


2018 ◽  
Vol 6 (2) ◽  
pp. 121-126
Author(s):  
Zawiah Mat ◽  
Nooraini Sulaiman ◽  
Sazelin Arif ◽  
Safiah Sidek ◽  
Norain Ismail ◽  
...  

Purpose: The aim of this study is to identify the relationship between professional and universal ethics of engineers. Methodology:This study used quantitative methods to distribute the questionnaire by using random sampling to get data from 248 respondents of engineers from government and private sectors in Melaka. Respondents were required to valuate agreement to statement about work ethics that used a five-point Likert scale. Meanwhile, the scales used for measuring correlation were given as 0.000-0.2000 “negligible”, 0.201-0.400 “low”, 0.401-0.600, “moderate”, 0.601-0.800 “high”, and 0.801-1.000 “very high”. The Pearson correlation analysis was used to obtain these correlation results. In this research, we analysed the data collected using SPSS Ver.22 to identify the relationship between professional and universal ethics of engineers in Melaka. Main Findings:The findings showed that all variables of professional of engineers correlated significantly with universal ethics. The significant level (p-value) was found to be less than 0.05, the study findings indicate a significant relationship between independent variables and dependent variable. Results obtained in this study confirmed that there were significant positive relationships between all variables that could influence professional and universal ethics. Implications:This study contributes towards the improvement of Board of Engineers Malaysia (BEM’S) existing policy. Based on the study’s findings, the policy implication of this study includes: responsible bodies such as the governing institutions of engineers need to ensure that ethical practices are made as the main core in their profession by increasing knowledge and awareness about ethical practices in the engineering profession. Originality:This study only focus on the relationship between professional and universal ethics of engineers and the results will be useful towards the improvement of Board of Engineers Malaysia (BEM’S) existing policy.


2021 ◽  
Vol 4 (16) ◽  
pp. 25-34
Author(s):  
Ainul Shazwin Sahidan ◽  
Zaki Aman ◽  
Abdul Rahman Abdul Rahim ◽  
Nazirah Che Jaafar ◽  
Humaira Mat Taib ◽  
...  

Almost one million hectares of oil palm in Malaysia have been planted by the oil palm independent smallholders (OPISH). Most of these farms are small size holding and scatters throughout Malaysia. These factors cause them to face several problems and consequently put their income below potential. To assist the OPISH, the government had introduced the oil palm grower cooperative known as Koperasi Penanam Sawit Mampan (KPSM). The objective of KPSM is to increase the oil palm yield, OPISH incomes, and as a platform of interaction between OPISH and extension officers to discuss their problems. However, cooperatives' performance can be influenced by several factors. This paper aims to study the extension officer and members' participation as independent variables. Good governance is incorporated as a moderator variable to investigate a cooperative's performance. The partial least squares (PLS 3.0) and structural equation modelling instruments are used to analyse the data in this study. Most of the respondents are male, and 22% are of the younger generation. The results demonstrated that good governance (p-value of 0.095(p<0.1) and t=1.669 (more than 1.64) has a moderate relationship between members' participation and cooperatives' performance. On the other hand, good governance did not strengthen the relationship between the extension officer and co-operatives performance.


2018 ◽  
Vol 5 (2) ◽  
pp. 155
Author(s):  
Nova Mega Muryatma

Surabaya is the capital city of East Java Province and is a large city with a population of 2,807 inhabitants. According to WHO in 2011 showed that 400,000 victims under the age of 25 who died on the highway, with an average mortality rate of 1,000 children and adolescents each day. The cause of the greatest accidents is caused by human factors that do not apply discipline in traffic, low awareness, and lack of knowledge about safety riding. The purpose of this study is to analyze the relationship between safety factor driving with saefty riding behavior on students of SMK PGRI 4 Surabaya. This research is an observational analytic research using research method with cross sectional design. The sample of 74 respondents was taken randomly using simple random sampling technique. Data collection using questionnaires tool filled by respondents. Data analysis in this study using Chi Square test with 5% significance value to see the relationship between independent variables with dependent variable. Based on the research conducted there is no significant relationship between independent variables with dependent variable with p-value exceed the value of meaning. In order to minimize the incidence of traffic accidents involving students it is good that schools always do the provision of a bound regulation that students are required to use SNI helmets when riding a motorcycle, no need to use expensive helmet but just use a helmet that complies with safety standards. Facilities for students are expected to always comply with existing traffic rules while driving.Keyword: safety riding, student, safety riding behaviour


2017 ◽  
Vol 2 (2) ◽  
pp. 1
Author(s):  
Daniel Kamau ◽  
Gabriel Kamau

Purpose: The study sought to determine factors influencing knowledge management practices in the commercial banks in KenyaMethodology: The study adopted a descriptive survey research design. The population of 44 commercial banks was identified. A sample of 17 banks was chosen using random sampling. A stratified approach was used to select respondents and a total of 85 respondents were surveyed from five departments in each of the 17 banks. Quantitative statistical techniques were used during the analysis to describe and analyze data. The results of the analysis were presented and interpreted in the form of descriptive statistics, as well as inferential statistics.Results: Regression result indicated that there exists a positive linear relationship between organizational Culture and Knowledge Management practices.   Results indicate that there exists a positive linear relationship between organizational structure and Knowledge Management practices.  This is evidenced by an odds ratio of 28.988.  The relationship is significant as shown by a p value of 0.0113.Results indicated that there was a positive and significant correlation of 0.759 between Information technology and Knowledge management practices. Results indicate that there exists a positive linear relationship between Organization Leadership and Knowledge Management Practices.  This is evidenced by a regression coefficient of 125.198.  The relationship is significant as shown by a p value of 0.0058.Unique contribution to theory, practice and policy: The study recommends that commercial banks in Kenya should continue investing in leadership as doing so would improve their knowledge management practices. In addition, commercial banks should adopt more flexible structures that support knowledge acquisition, dissemination and storage.   The study advocates that the cultural orientation of the organizations should be such that it supports the perception of knowledge management practices. Furthermore, commercial banks should continue investing in Information technology as doing so would improve the knowledge management practices.


2019 ◽  
Vol 14 ◽  
pp. 3359-3367
Author(s):  
Kenneth Iloka Malongo ◽  
Stephen Muathe ◽  
Stephen Titus Waithaka

With the continuing digital revolution steered by the Internet, organizations are moving towards information technology integration to improve their performance. Regrettably, these developments have in no way been all-inclusive. The health gap between public institutions in first, second and third world nations has broadened. Public organizations in second and third world nations are characterized by poor performance. This study sought to establish the moderating effect of organizational characteristics on the relationship between information technology and performance of public hospitals in Kenya.  The study used Technology Organization Environment (TOE) theory. The study was guided by explanatory and cross-sectional research design. The target population was 98 public hospitals in Kenya. Multi-stage sampling technique was used to select a sample size of 294 respondents. Primary data was collected using semi-structured questionnaires. For data analysis, descriptive statistics and multiple regression analyses were used. The study results established that organizational characteristics moderated the relationship between information technology integration and performance of public hospitals in Kenya. Therefore, study concluded that organizational characteristics play a major role in an organization’s adoption and utilization of information technology integration. The study recommends technologies should be customized to fit the type of organizational characteristics for better performance.


2019 ◽  
Vol 3 (3) ◽  
pp. 226
Author(s):  
Anne W Mbugua ◽  
Juliana Namada

The purpose of the research is to examine the effect of information technology integration on the operational performance of the of Kenya’s public health sector level five hospitals in Kenya. The study examined the moderating role of public procurement to the relationship between information technology integration and operational performance. To test the extent of information technology integration and relationship with the operational performance of level five hospitals in Kenya was empirically tested utilizing a causal, non-experimental, and cross-sectional research design. Regression analysis was carried out based on data from 164 respondents. In general, the study results support the idea that information technology integration has a significant effect on operational performance (β1=0.411, p <0.05) with R2 of 0.449 implying that 44.9% of the variation of operational performance is attributed to information technology integration. Information technology integration is vital in coordinating the SCI dimensions leading to the improved operational performance of the health facilities. It finds that public procurement mediates the relationship between information technology integration and operational performance of the health sector as it is an enabler of improved working relationships with the suppliers.


Author(s):  
Meenakahi kumari Meenakshi

Inventory management in Indian steel industry is felt as one of the unexplored area in terms of research practices. This study attempts to understand the major aspects of inventory management of Indian steel industry like major inventory management issues prevalent in steel firms, and impact of these issues, drivers, barriers, and possible measures that may help to resolve these issues. This study is based on an exploratory qualitative study of major Indian steel firms. The narratives reveal six major themes: Inventory management practices; Inventory issues in the steel industry; Major drivers for effective inventory management in Indian steel industry; Major barriers for the implementation of effective inventory management techniques including the implementation of ERP/MRP to manage inventories; Impact of inventory issues; Inventory control techniques to resolve these issues.   


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