The impact of inventory management on the performance of an organization
Inventory management is important for the successful functioning of any organization. The main core objective of this research study was to determine the impact of inventory management on the performance of an organization in the case of Tanzania Zambia Railway Authority. This study was the first to...
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Universidad Francisco de Paula Santander
2024
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| Online Access: | https://revistas.ufps.edu.co/index.php/profundidad/article/view/4184 |
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| author | Mwamba, Emmanuel Yangailo, Tryson |
| author_browse | Mwamba, Emmanuel Yangailo, Tryson |
| author_facet | Mwamba, Emmanuel Yangailo, Tryson |
| author_sort | Mwamba, Emmanuel |
| collection | DSPACE IDEP |
| description | Inventory management is important for the successful functioning of any organization. The main core objective of this research study was to determine the impact of inventory management on the performance of an organization in the case of Tanzania Zambia Railway Authority. This study was the first to be conducted in the railway sector in an African context. The study applied descriptive research design with primary data collected using questionnaire with purposive sampling method of 21 participants as sample size. Data analysis was done using Jamovi software. The findings revealed that TAZARA uses ABC analysis in decision making but not Economic Order Quantity Model in decision making in purchasing materials. The study also reveals that the introduction of ICT through electronic management system in inventory management would improve performance and that TAZARA employees need to be trained in procurement and regulations as most of the employees are young and have less work experience. |
| first_indexed | 2026-06-19T15:28:37Z |
| format | Online |
| id | oai:revistas.ufps.edu.co:article-4184 |
| institution | IDEP |
| language | eng spa |
| last_indexed | 2026-06-19T15:28:37Z |
| publishDate | 2024 |
| publishDateRange | 2024 |
| publishDateSort | 2024 |
| publisher | Universidad Francisco de Paula Santander |
| publisherStr | Universidad Francisco de Paula Santander |
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| spelling | oai:revistas.ufps.edu.co:article-41842024-02-29T14:14:16Z The impact of inventory management on the performance of an organization El impacto de la gestión de inventarios en el rendimiento de una organización Mwamba, Emmanuel Yangailo, Tryson Gestión de existencias Inventario Rendimiento. Inventory Management Inventory Performance Inventory management is important for the successful functioning of any organization. The main core objective of this research study was to determine the impact of inventory management on the performance of an organization in the case of Tanzania Zambia Railway Authority. This study was the first to be conducted in the railway sector in an African context. The study applied descriptive research design with primary data collected using questionnaire with purposive sampling method of 21 participants as sample size. Data analysis was done using Jamovi software. The findings revealed that TAZARA uses ABC analysis in decision making but not Economic Order Quantity Model in decision making in purchasing materials. The study also reveals that the introduction of ICT through electronic management system in inventory management would improve performance and that TAZARA employees need to be trained in procurement and regulations as most of the employees are young and have less work experience. La gestión de inventarios es importante para el buen funcionamiento de cualquier organización. El objetivo principal de este estudio de investigación era determinar el impacto de la gestión de inventarios en el rendimiento de una organización, en el caso de Tanzania Zambia Railway Authority. Este estudio fue el primero realizado en el sector ferroviario en un contexto africano. El estudio aplicó un diseño de investigación descriptivo con datos primarios recogidos mediante cuestionario con un método de muestreo intencional de 21 participantes como tamaño de la muestra. Los datos se analizaron con el programa Jamovi. Los resultados revelaron que TAZARA utiliza el análisis ABC en la toma de decisiones, pero no el Modelo de Cantidad de Pedido Económico en la toma de decisiones de compra de materiales. El estudio también revela que la introducción de las TIC a través del sistema de gestión electrónica en la gestión de inventarios mejoraría el rendimiento y que los empleados de TAZARA necesitan formación en materia de adquisiciones y normativa, ya que la mayoría de los empleados son jóvenes y tienen menos experiencia laboral. Universidad Francisco de Paula Santander 2024-01-01 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf application/pdf text/html text/xml https://revistas.ufps.edu.co/index.php/profundidad/article/view/4184 10.22463/24221783.4184 Revista Científica Profundidad Construyendo Futuro; Vol. 20 No. 20 (2024): Enero-Junio; 77-85 Revista Científica Profundidad Construyendo Futuro; Vol. 20 Núm. 20 (2024): Enero-Junio; 77-85 2422-2518 eng spa https://revistas.ufps.edu.co/index.php/profundidad/article/view/4184/5423 https://revistas.ufps.edu.co/index.php/profundidad/article/view/4184/5969 https://revistas.ufps.edu.co/index.php/profundidad/article/view/4184/5424 https://revistas.ufps.edu.co/index.php/profundidad/article/view/4184/5850 /*ref*/Agu, O. A., Obi-Anike, H. O., & Eke, C. N. (2016). Effect of inventory management on the organizational performance of the selected manufacturing firms. Singaporean Journal of Business Economics, and Management Studies, 5(4), 56-69. /*ref*/Anichebe, N. A., & Agu, O. A. (2013). Effect of inventory management on organizational effectiveness, information and knowledge management. Journal of Inventory Management, 3(8). /*ref*/Arnord, T. & Chapman, S. (2004). Introduction to Materials Management (5th Ed). Prentice Hall, Upper Saddle River, NY. /*ref*/Athumani, H. I., & James, S. (2019). The impact of inventory management on organization performance of Tanzania public sectors: A case of National Food Reserve Agency (NFRA). International Journal of Economics, Commerce and Management, 7(12), 843-851. /*ref*/Bacchetti, A., Plebani, R., Saccani, N., & Syntetos, A. (2010). Spare parts classification and inventory management: a case study. Salford Business School Working Papers Series, 408. /*ref*/Beamon, B. M., & Kotleba, S. A. (2006). Inventory management support systems for emergency humanitarian relief operations in South Sudan. The International Journal of Logistics Management, 17(2), 187-212. /*ref*/Coyle, J. J., Bardi, E. J., & Langley, C. J. Jr. (2003). The Management of Business Logistic: A Supply Chain Perspective (7th ed.). Mason: South-Western /*ref*/Janelle, D. G., & Beuthe, M. (1997). Globalization and research issues in transportation. Journal of Transport Geography, 5(3), 199-206 /*ref*/Kamau, L. W., & Kagiri, A. W. (2015). Influence of inventory management practices on organizational competitiveness: A case of Safaricom Kenya Ltd. International Academic Journal of Procurement and Supply Chain Management, 1(5), 72-98. /*ref*/Kaudunde, M. (2013). An assessment of effectiveness of inventory Control system in the public sector in Tanzania A case of Kilwa district council (Thesis, Mzumbe University). /*ref*/Koin, V. R., Cheruiyot, G. K., & Mwangangi, P. (2014). Effect of inventory management on the supply chain effectiveness in the manufacturing industry in Kenya: A case study of tata chemicals Magadi. International Journal of Social Sciences Management and Entrepreneurship, 1(2), 189-202. /*ref*/Kumar, R. (2016). Economic order quantity (EOQ) model. Global Journal of finance and economic management, 5(1), 1-5. /*ref*/Mugenda, O. M., & Mugenda, A. G. (2003). Research methods: Quantitative & qualitative approaches,1(2). Nairobi: Acts press. /*ref*/Saleemi, N. A. (2007). Storekeeping and stock control Simplified. Nairobi: Saleemi Publications Limited. /*ref*/Stevenson, B. (2010). Operations Management (10th ed.). New York: McGrau Hill Publishing /*ref*/Yangailo, T. (2022). Globalization on The Railway Transport Sector. International Research Journal of Business Studies, 15(3), 283-292. /*ref*/Yangailo, T. (2023a). The mediating and moderating effect of total quality management practices on the association between strategic planning and competitive advantage: the case of railway sector. International Journal of Productivity and Quality Management, 40(4), 491-511.https://doi.org/10.1504/IJPQM.2023.135882 /*ref*/Yangailo, T. (2023b). The mediating effect of TQM practices on the relationship between strategic planning and productivity. Management Science Letters, 13(2), 136-149. DOI: 10.5267/j.msl.2022.12.001 /*ref*/Yangailo, T., & Kaunda, M. (2021). Total, Quality Management a Modern Key to Managerial Effectiveness. LBS Journal of Management and Research,19(2), 91-102. /*ref*/Yangailo, T., & Mpundu, M. (2023). Identifying Research Gaps in Literature related to studies of Strategic Planning on Competitive Advantage: A Systematic Review of Literature. International Journal of Applied Research in Business and Management, 4(2), 47-70. https://doi.org/10.51137/ijarbm.2023.4.2.4 /*ref*/Yangailo, T., Kabela, J., & Turyatunga, H. (2023). The Impact of Total Quality Management Practices on Productivity in The Railway Sector in African Context. Proceedings on Engineering, 5(1), 177-188. Derechos de autor 2024 Universidad Francisco de Paula Santander https://creativecommons.org/licenses/by-nc/4.0 |
| spellingShingle | Gestión de existencias Inventario Rendimiento. Inventory Management Inventory Performance Mwamba, Emmanuel Yangailo, Tryson The impact of inventory management on the performance of an organization |
| title | The impact of inventory management on the performance of an organization |
| title_alt | El impacto de la gestión de inventarios en el rendimiento de una organización |
| title_full | The impact of inventory management on the performance of an organization |
| title_fullStr | The impact of inventory management on the performance of an organization |
| title_full_unstemmed | The impact of inventory management on the performance of an organization |
| title_short | The impact of inventory management on the performance of an organization |
| title_sort | impact of inventory management on the performance of an organization |
| topic | Gestión de existencias Inventario Rendimiento. Inventory Management Inventory Performance |
| topic_facet | Gestión de existencias Inventario Rendimiento. Inventory Management Inventory Performance |
| url | https://revistas.ufps.edu.co/index.php/profundidad/article/view/4184 |
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