The effect of inventory management on organisational performance

Abstract

The purpose of the study was to assess the effect of inventory management on organizational performance of Hwansung industries limited. Objectives of the study were to: Determine the effect of distributive resource planning on organizational performance, establish the influence of enterprise resource planning on operational performance and the effect of material resource planning on organizational performance of Hwansung industries limited. the research employed a case study design. The study target population was 60. Purposive sampling and stratified random sampling techniques were applied to select a sample of 52 respondents for this study. The main data collection instrument was a structured questionnaire designed in both open and close ended. Quantitative data was analyzed using descriptive statistics, and correlation analysis to assess the association between the study variables in the study. The findings of this study are expected to be beneficial to the management of Hwansung industries limited to improve their performance and also inform policy makers. The study findings will contribute towards academic paradigms and fill the gap between researched work and un researched areas. The outcome in this study is that there was a significant positive correlation relationship between the use of inventory management and organizational performance of Hwansung industries limited.