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The Fundamental objective of this research work was to assess the effectiveness of
inventory management in referral hospitals. The study was conducted at the
Muhimbili Orthopaedic Institute (MOI).
The purpose of a study of the assessment of effectiveness of inventory management
in referral Hospitals was to explore the inventory performance at MOI and to know
the strengths and weaknesses and to assess the profitability there from.
The researcher used various data collection instruments including questionnaire,
observation, unstructured interview and documentary sources. The methodologies
used were both qualitative and quantitative approaches.
Through this study, the researcher revealed that, MOI is getting late deliveries which
caused them to make rush orders while waiting for the suppliers to deliver their
requirements, by doing so, the goods are obtained at a higher price and at a quality
which could not be questioned since it is treated as emergency procurement.
The researcher recommended that MOI should carry out efficient and effective
inventory management, monitoring and operate good inventory information
management system in order to ensure realistic inventory forecasts and high
turnover. |
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