Materials management and inventory costs management in organizations: a case study of Britania Allied Industries Ltd. Uganda

dc.contributor.authorMubiru, Ronald
dc.date.accessioned2020-07-22T07:22:34Z
dc.date.available2020-07-22T07:22:34Z
dc.date.issued2010-07
dc.descriptionA research proposal submitted to the School of Business and Management in partial fulfillment for the Award of Bachelor of Supplies and Procurement Management of Kampala International Universityen_US
dc.description.abstractOne of the most frequently overlooked qualities of materials is that it represents money's worth. Organizations usually accord more respect and attention to $1 in cash than will $5 in goods. It is this odd trait of human nature hat intrigued the researcher to investigate the essence of proper materials management on the inventory costs management system of an organization. The research objectives were: a) To assess the effectiveness and the efficiency of materials management in organizations. b) To evaluate the various techniques of inventory costs management in organizations. c) To establish the essence of proper materials management in an organization's inventory costs management system. This study relied on secondary data from Kampala International University library and other public libraries. Use of document analysis and extensive reviewing of different works by authors collected the data. Data was analyzed by making inferences to the available literatures in order to compare and contrast different opinions. Basing on the findings, the researcher found out that there is a positive relationship between the two variables and recommended the following: a) A well-established materials management criterion should be tailored and undertaken. b) Order sizes that minimize the overall inventory cost should always be determined. c) Factors determining the level of inventory should be properly analyzed. d) Organizations must also establish a strong internal control system on stock. e) Organizations must also •endeavor to establish an independent purchasing department.en_US
dc.identifier.urihttp://hdl.handle.net/20.500.12306/10016
dc.language.isoenen_US
dc.publisherKampala International University; College of Economics and managementen_US
dc.subjectMaterials Managementen_US
dc.subjectInventory costs managementen_US
dc.subjectBritania Allied Industries Ltd.en_US
dc.subjectUgandaen_US
dc.titleMaterials management and inventory costs management in organizations: a case study of Britania Allied Industries Ltd. Ugandaen_US
dc.typeOtheren_US
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