IJSSE - International Journal of Social Sciences and Entrepreneurship Upcoming Journals: International Journal of Innovation and Management (IJIM), International Journal of Engineering and Architecture (IJEA) & International Journal of Science and Agriculture | IJAE, IJEF & IJHRP Call for Papers - Forthcoming Issue (Decemer 2014). Submission deadline: 25th December 2014 |

No images

UserInfo


34.228.30.69
United States United States
Your Time

User Statistics Info
IJSSE is one of the leading International Journals by User Statistics!

Login Form



IJSSE Newsletter Form
Full Names *
E-mail Address: *
Country *
PDF Print E-mail

ROLE OF INVENTORY OPTIMIZATION ON E-PROCUREMENT PERFORMANCE IN STATE PARASTATALS IN KENYA


Noor Ismail Shalle

PhD. in Procurement and Supply Chain Management, Jomo Kenyatta University of Agriculture and Technology, Kenya

Wario Guyo, Ph.D

Deputy Director, CBD Campus, Jomo Kenya University of Agriculture and Technology, Kenya

Dr. Iravo Mike Amuhaya

PhD. in Human Resource Management, Jomo Kenyatta University of Agriculture and Technology, Kenya


ABSTRACT

Due to global supply chains, inventory interactions often involve many different firms with long production replenishment times and inventory in balances. To coordinate demand requests, transportation and inventory management utilize the benefit of strategic supply chain tools such as information technology to lower and make ordering more efficient. Inventory mismanagement will adversely affect an organization’s operations by arresting financial resources that could have been channeled to other profitable sectors and/or activities.  Obtaining the optimal constant price jointly with inventory policy is also important to evaluate the benefit of dynamic pricing policies. Limited or no access to timely information regarding both domestic and export markets  especially with respect to such matters as supply volumes and quantities has led to supply  shortages because players are never aware of how many orders a customer has placed and how  much should be ordered from suppliers.  Unavailability of inventory has affected customer satisfaction with in the downstream chain hence leading to loss of chain profits among the channel members.This study therefore sought to investigate Inventory Optimization by state parastatals in Kenya. The study adopted descriptive design.


Full Text PDF Format

 
Banner
Publication Disclaimer: The accountability of the article published in IJSSE journals is entirely of the author(s) concerned and not of the publisher/editor. The view expressed in the articles of any IJSSE journal is those of the contributors, and it does not essentially correspond to the views of the publisher/editor. It is responsibility of the authors to seek copyright clearance for any part of the content of the articles. The publisher/editor of IJSSE journals is not liable for errors or any consequences arising from the exercise of information contained in it.
Free counters!
IJSSE - International Journal of Social Sciences and Entrepreneurship | Copyright 2013 | All Rights Reserved  <