Assessment of inventory management in organization: a case of higher learning in Dodoma municipality
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The University of Dodoma
Abstract
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Dissertation (MA Business Administration)
This study sought to assess the inventory management practiced in organization using a case study of the higher learning organization located in Dodoma Municipality. Both quantitative and qualitative research approaches were employed as well as the sample of 51 respondents was taken. Data collection was carried out March 2013, while data analysis and report writing was done from May to June 2013. The study used questionnaires, personal interviewed, documentary reviewed and observation to elicit information from the sample, and data were analyzed through SPSS version 16 while findings were presented through description tables. The findings have revealed that, there were materials shortages while some of them were rate delivered specifically due to lack of good coordination among the supplies section or department and other user department, lack of enough fund for purchasing the required quantity and due to small number of competed supplies located in the area. Moreover there some poor management of inventory practiced due to lack of training, stock control unit, and poor supervision specifically on security matters. This implied that management had to understand that inventory represent money that tied up in total capital of organization therefore it need very close controlled and supervision by make sure good training are well provided regarded the matter, there are good coordination among department so that follow up of materials will be easily, improved some security measure to prevent loss of inventory in organization as well as to managed their inventory by use a computer system in organization.
This study sought to assess the inventory management practiced in organization using a case study of the higher learning organization located in Dodoma Municipality. Both quantitative and qualitative research approaches were employed as well as the sample of 51 respondents was taken. Data collection was carried out March 2013, while data analysis and report writing was done from May to June 2013. The study used questionnaires, personal interviewed, documentary reviewed and observation to elicit information from the sample, and data were analyzed through SPSS version 16 while findings were presented through description tables. The findings have revealed that, there were materials shortages while some of them were rate delivered specifically due to lack of good coordination among the supplies section or department and other user department, lack of enough fund for purchasing the required quantity and due to small number of competed supplies located in the area. Moreover there some poor management of inventory practiced due to lack of training, stock control unit, and poor supervision specifically on security matters. This implied that management had to understand that inventory represent money that tied up in total capital of organization therefore it need very close controlled and supervision by make sure good training are well provided regarded the matter, there are good coordination among department so that follow up of materials will be easily, improved some security measure to prevent loss of inventory in organization as well as to managed their inventory by use a computer system in organization.
Keywords
Higher learning organizations, Higher learning institutions, Universities, Colleges, Dodoma municipality, Inventory management, Supply chain management, Stock management