EFFECT OF INVENTORY MANAGEMENT PRACTICES ON ORGANIZATIONAL PERFORMANCE OF PRIVATE FIRMS; CASE STUDY OF MILLY GLASS LIMITED

Abstract

The study will be focused to determine factors influencing inventory control operations in meat processing firms in Kenya with a case study of Milly Glass Limited. Inventory control operations entails the methods that companies use to organize, store, and replace inventory, to keep an adequate supply of goods at the same time minimizing cost. The objectives of the study were; to find out how product development affect inventory control operation, to establish the extent at which lead time affects inventory control operation, to determine how technology affects inventory control operation and then to assess the effects of inventory shrinkage inventory control operation at Milly Glass Limited. The study will adopt a descriptive design where a quantitative research method will be used to ensure establishment of correlations and cause effect relationship that is important in viability of the constructs. The target population of the study will be 180 employees of Milly Glass Limited where a sample of 54 respondents will be obtained. The data collections instrument for the study will be questionnaire to acquire the data from the respondents. The study will be piloted to ensure the validity and reliability of the research instrument for a credible study. The data obtained will be analyzed using SPSS and then presented on tables and figures for interpretation.