EFFECTS OF INVENTORY LEVELS AND STOCK OUTS ON PROCUREMENT PERFORMANCE AT KENYA FORESTRY RESEARCH INSTITUTE
Lucas Chege Waweru
ABSTRACT
The purpose of the study was to identify the effects of Inventory levels and stock outs on procurement performance at Kenya Forestry Research Institute. The study figured out on how to improve causes of stock outs and under stocking and realization of the laid down objectives. The data was collected using questionnaire administered to the relevant employees of procurement, stores, stock control and other user departments at Kenya Forestry Research Institute. Different questions were asked based on the objectives. The targeted population constituted the staff members of the procurement, stores, stock control and other user departments at Kenya Forestry Research Institute. The data collected was analyzed using tables, graphs, percentages and frequency. The data was later on processed after collection with major key findings and recommendations made at the end of the research study. The researcher of the study then came up with findings, conclusions and recommendations on how to overcome the effects of inventory levels and stock outs.
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