Browsing by Author "Mukama, Stephen Ronald"

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    Inventory management systems and profitability of manufacturing firms in Uganda: a case study of British African Tobacco (BAT) (U) LTD
    (Kampala International University, College of Economics and Management, 2007-09) Mukama, Stephen Ronald
    Many manufacturing firms are established with a corporate objective of profit maximization and any divergence from that objective could render the firm unable to meet its short-term obligations as they fall due. The reason for this is a lot of money is tied up in inventory. This study was carried out to establish and assess Inventory Management Systems, establish the profitability of these manufacturing firms and establish the relationship between Inventory Management Systems and profitability of these firms that is to say, Bat (U) Ltd. While carrying out the research, the descriptive design was used to describe detailed information and analytical design was used to analyze the data. Sampling was used in the selection of the respondents and in this random sampling was used. A total number of 60 (sixty) respondents were used to provide Information, data was analyzed by both qualitative and quantitative analysis. The researcher used questions and interviews in collecting primary data, reviewed literature reports and journals were used as a source of secondary data. The results showed that Inventory Management System affects profitability and the given case studies above experiences the profit reduction attributed to Inventory Management System in place. From the analysis, results showed that Inventory Management Systems have significant relationship to profitability. The researcher made conclusions based on the findings and recommendations are that Management reviews the Inventory Management techniques in use, Inventory Department be put in place, stocktaking be carried out perpetually, just -in time technique should be continuously used for items that have short expiry date. And the companies should be put up incentives to attract big customers.