Effect of inventory management techniques on financial performance of small and medium enterprises

Institution: Masinde Muliro University of Science and Technology

Course: Bachelor of Commerce

Content Category: Research Projects

Posted By: Jackson22

Document Type: PDF

Number of Pages: 42

Price: KES 200
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Summary

Effect of inventory management techniques on financial performance of small and medium enterprises: A case study of Kakamega Municipality, Kakamega County.

ABSTRACT
The purpose of this study was to investigate the Inventory Management Techniques on Financial
Performance of small and medium enterprises in Kakamega Municipality. The general objective of
this study was: To determine the effect of inventory management on Financial Performance in small
and medium enterprises in Kakamega. To achieve this objective the study was guided by three
specific objectives as follows: To determine the effects of Just in Time (JIT)technique of inventory
management on Financial Performance of small and medium enterprises in Kakamega; to determine
the effect of Automatic Replenishment (AR) on Financial Performance of small and medium
enterprises in Kakamega; to determine the effect of Economic Order Quantity(EOQ) on Financial
Performance of small and medium enterprises in Kakamega. The study adopted a descriptive survey
design on a population of small and medium enterprises in Kakamega including supermarkets, retail
shops and wholesale shops. The respondents of our study were procurement managers, procurement
officers, accountants and stores managers. The study will employ a survey of small and medium
enterprises in Kakamega Municipality. The study will target the procurement managers, operation
managers and stores managers at small and medium enterprises in Kakamega Municipality. 20% of
the target population was sampled to get 32 respondents of the study. The study used questionnaire
to collect primary data. The collected data was analyzed using mean, standard deviation, frequencies
and percentages.


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