Inventory Control and Organisational Performance: A case study in Romis (U) Limited.
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Date
2017-05
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Kampala International University, College of Economics and Management Sciences .
Abstract
This study was based on Inventory Control and Organisational performance, Case study of
Rornis (U) Limited. It focused on critically to analyze the relationship between inventory control
and organizational performance in Romis (u) Limited, with the following objectives. (i) To
establish the techniques of inventory control that are used by Romis (u) Limited. (ii) To find out
the challenges that inventory control has on the performance of Romis (u) Limited. (iii) To
establish the relationship between inventory control and performance of Romis (u) Limited.
The researcher used both a descriptive cross sectional survey design which included both
qualitative and quantitative method of data collection, the quantitative method was used to
collect numerical data in form of numbers representing particular facts or measurements which
helped the researcher to obtain information from respondents in depth.
Findings in the study revealed that setting up of various stock levels can lead to greater
performance of an organization by avoiding over stocking of materials to be kept in a store
thereby achieving efficiently and effectively.
And from the findings of the study and conclusions drawn, there is a strong relationship between
inventory control and organizational performance this is because effective inventory control can
increase on organizational performance by reducing wastes, reducing costs hence improving on
the profitability of the company.
And the recommendations revealed that on the findings, the following areas need improvement
with inventory control for better performance of the organizational duties. The management of
Romis should focus on the level of knowing the company’s stock as a way of avoiding costs and
wastes to an organization. There is need for more training of workers in order to improve their
work and service delivery, reduce stress as well as amplitude to organizational performance.
Description
A research report submitted to the College of Economics and
Management as a Partial Fulfillment for the Requirement
of an Award of a Bachelors Degree in Supplies and
Procurement Management of Kampala
International University.
Keywords
Inventory Control, Organisational, Performance, Romis (U) Limited