Inventory management and productivity of manufacturing organization ion in Lira District: the case study of Mt Meru Millers, Lira
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Date
2011-10
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Publisher
Kampala International University,College of Economics and management
Abstract
This study was to assess Inventory Management and the productivity of Manufacturing Organization in Lira District; the case of Mt Meru Millers, Lira. The specific objectives of the study were; to examine the effect of JIT analysis on productivity of Mt Meru Millers Lira, to find out how ABC analysis affect productivity of Mt Meru Millers Lira, to assess how EOQ affect productivity of Mt Meru Millers Lira, and to establish the extent to which Bin system affect productivity of Mt Meru Millers, Lira. The study employed a case study research design and both qualitative and quantitative methods of data collection. The sample size was 51 comprising 20 Key informant, 10 Business community, 10 Local community and 11 employee of Mt Meru Millers. The major research tool that was used was the questionnaire that was distributed to 51 respondents. However, additional information was secured using interview guide and data analysis was done both qualitatively and quantitatively. The study findings showed that Key informant, Business community, local community and employee of Mt Meru Millers agree to fact that Mt Meru Millers uses it, ABC, EOQ and Bin analysis in inventory management. The findings further points out that inventory management directly affect the productivity of Mt Meru Millers, Lira. The study concluded that although Key informant, Business community, Local community and employee know that inventory management affects the productivity of Mt Meru Millers, there are also some negative aspects of inventory management that can be termed as challenges, these are as misplacement of stock, over stocking, running out of stock, regular stock taking, over pricing and unplanned stocking.
Description
A research report submitted in partial fulfillment of the requirements for the Award of Bachelor of Business Administration Degree of Kampala International University
Keywords
Inventory management, Productivity of manufacturing organization, Mt Meru Millers, Lira, Uganda