The effect of inventory management on performance of private organizations in Uganda: a case study of coca- cola Namanve plant in Kira municipality
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Date
2015-05
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Kampala International University, College of Economics and Management
Abstract
The overall objective of the study was to find out the impact of inventory management and performance of private organizations in Uganda while considering Coca Cola plant- Namanve. The study was guided by three objectives; to find out the techniques of inventory management used at Coca- Cola Namanve branch, to establish the relationship between inventory management and performance of Coca- Cola Company Namanve branch and to find out the challenges faced by Coca- Cola Company Namanve branch in managing the inventories. Data was collected using a questionnaire and interview guide, and during data collection purposive sampling method was used. Both qualitative and quantitative methodologies were used to analyze data as a sample size of 50 respondents was used. The study concluded that the common materials handling techniques used at Coca- Cola Company Namanve branch include; integrated system (System Application and products) responsible for management info1mation system, inventory requirement points, and over stock brands for the fast moving products, recording, issue of inventories from the store that were previously purchased to the production department and arrangement of some company inventories according to the order of their importance. Also that, proper material handling technique plays an important function on the performance of private organizations like Coca Cola Company Namanve branch and that the kind of relationship between inventory management techniques and performance of private organizations in Uganda is positive. Lastly, that the challenges faced by Coca- Cola Company Namanve branch in the process of managing inventories include; loss in inventories, un-predete1mined products demand, opportunity costs, administration costs, theft and labor turnover, load shedding among other challenges faced by the company. The study recommended management m manufacturing companies to always forward planning, centralize the purchase and store function, carry out stock taking exercise periodically, top management in most organizations to emphasis on the proper inventory management techniques and measuring of efficiency deviations to identify weaknesses in the process of managing inventories, managers in organizations to undertake forward production planning. Lastly, further studies are suggested on the following areas as: the effect of materials handling techniques on employee's efficiency in private organizations and the relationship between labor turnover and employees' efficiency among private organizations in Uganda.
Description
A research report submitted to the College of Economics and Management in partial fulfillment of the requirements for the Award of Bachelors' Degree in Business Administration of Kampala International University
Keywords
Inventory management, Private organizations, Coca- cola Namanve, Kira municipality