Inventory Management and Control Systems in Covid-19 Pandemic Era: An Exploratory Study of Selected Health Institutions in Anambra State, Nigeria
Keywords:
inventory management, inventory control, COVID-19, health institutions, and challenges
Abstract
The content and scope of this study explored inventory management and inventory control in selected health institutions in Anambra state. The study adopted survey research design. Inventory management, was measured by reorder level system, periodic review system and economic order quantity model while inventory control, was measured by optimal stock level. Out of a population of 74 drawn from 7 health institutions, Taro Yamane (1967) formula and stratified sampling technique were used to determine the sample size of 66 respondents. The tests of hypotheses were conducted using Chi-Square test and Spearman Ranked Order Correlation Coefficient. The result of the analysis revealed that Re-order Level System, Periodic Review System and Economic Order Quantity Model which are the systems currently in use have statistically significant influence on the optimal stock level of health institutions and pose challenges significant challenges on usage in the COVID-19 pandemic period.
Downloads
- Article PDF
- TEI XML Kaleidoscope (download in zip)* (Beta by AI)
- Lens* NISO JATS XML (Beta by AI)
- HTML Kaleidoscope* (Beta by AI)
- DBK XML Kaleidoscope (download in zip)* (Beta by AI)
- LaTeX pdf Kaleidoscope* (Beta by AI)
- EPUB Kaleidoscope* (Beta by AI)
- MD Kaleidoscope* (Beta by AI)
- FO Kaleidoscope* (Beta by AI)
- BIB Kaleidoscope* (Beta by AI)
- LaTeX Kaleidoscope* (Beta by AI)
How to Cite
References
O Agu, H Obi-Anike, C Eke (2016) Effect of Inventory Management on the Organizational Performance of the Selected Manufacturing Firms. 5(4), 56-69.
N Anichebe, O Agu (2013) Effect of Inventory Management on Organizational Effectiveness. 3(8), 92-100.
D Atnafu, B Assefa (2018) The impact of inventory management practice on firms' competitiveness and organizational performance: Empirical evidence from micro and small enterprises in Ethiopia. 5(1), 1-16.
S Bawa, G Asamoah, E Kissi (2018) Impact of Inventory Management on Firm Performance: A Case Study of Listed Manufacturing Firms in Ghana. 7(4), 83-96.
H Dedunu, I Weerasinghae (2018) The Effect of Inventory Management on Company Performance Reference to Listed Manufacturing Companies in Sri Lanka. 7(7), 49-54.
Edwin Florence, M (2015) The Effect of Inventory Management on Profitability of Cement Manufacturing Companies in Kenya: A Case Study of Listed Cement Manufacturing Companies in Kenya. 3(2), 111-119.
C Eneje, A Nweze, A Udeh (2012) Effect of efficient inventory management on profitability: Evidence from selected brewery firms in Nigeria. 4(1), 350-354.
Lyndon Etale, Paymaster Bingilar, Meshack Ifurueze (2016) Market Share and Profitability Relationship: A Study of the Banking Sector in Nigeria. 3(8), 103-112.
R Iliemena, J Amedu (2019) Effect of standard costing on profitability of manufacturing companies: study of Edo state Nigeria. 53(3), 28-34.
R Iliemena, N Ijeoma, C John-Akamelu (2019) Effect of cash conversion cycle on capital structure: empirical evidence from quoted manufacturing firms in Nigeria. 6(1), 59-74.
R Iliemena, Goodluck, Amedu (2020) An Assessment of the Practicability of Lean Accounting in Healthcare Sector: Evidence from Anambra State, Nigeria. 81(1), 6190-6207.
V Koin, G Cheruiyot, P Mwangangi (2014) Effect of Inventory Management on the Supply Chain Effectiveness in the Manufacturing Industry in Kenya: A Case Study of Tata Chemicals Magadi. 1(2), 189-202.
P Kumar, R Bahl (2014) The Effect of Inventory Management on Organizational Performance. 1(4), 453-459.
R Kumar (2016) ECONOMIC ORDER QUANTITY (EOQ) MODEL. 5(1), 1-5.
B Kwadwo (2016) The Impact of Efficient Inventory Management on Profitability: Evidence from Selected Manufacturing Firms in Ghana. 5(1), 22-26.
J Mensah (2015) Working Capital Management and Profitability of Firms: A Study of Listed Manufacturing Firms in Ghana. 1(2), 7-25.
V Muhayimana (2015) Effect of Employees Training on Employee Performance in Manufacturing Companies in Rwanda. A Case of Sulfo Rwanda Industries Ltd. 8(5), 49-58.
Enock Musau, Gregory Namusonge, Elizabeth Makokha, John Ngeno (2017) The Effect of Inventory Management on Organizational Performance Among Textile Manufacturing Firms in Kenya. 7(11), 1032-1046.
Tanui Joel K (2016) Mediation by Firm Competence on the Relationship between Information Technology and Competitiveness of Consultancy Firms in Nairobi County, Kenya.
Ann Ogbo, Wilfred Ukpere (2014) The Impact of Effective Inventory Control Management on Organisational Performance: A Study of 7up Bottling Company Nile Mile Enugu, Nigeria. 5(10), 109-118.
Ogochukwu Onyeogubalu, Onyekachi Okeke, Bridget Akwuobi (2019) Board Financial Expertise and Tax Avoidance of Listed Consumer Goods Firms in Nigeria. 02(01).
I Onikoyi, E Babafemi, S Ojo, C Aje (2017) Moderating Effect of Inventory Audits on the Relationship between Procurement Management Practices and Financial Performance of Listed Manufacturing Firms in Kenya. 9(8), 113-122.
Okeke Patrick, Nwosu Chike, Onyekwelu Phina (2019) Workplace Bullying and Performance of Employees: Manufacturing Firms Perspective in Anambra State. 2(2), 117-129.
K Prempeh (2016) The impact of efficient inventory management on profitability: evidence from selected manufacturing firms in Ghana. 5(1), 22-26.
F Sporta (2018) Inventory Control Effect on Profitability of a Business Organization. 6(1), 1249-1255.
D Wanyoike, L Tundura (2016) Effect of Inventory Control Strategies on Inventory Record Accuracy in Kenya Power Company, Nakuru. 5(5), 82-92.
Serhii Ziukov (2015) A literature review on models of inventory management under uncertainty. 5(1), 26.
Published
2022-11-22
Issue
Section
License
Copyright (c) 2022 Authors and Global Journals Private Limited
This work is licensed under a Creative Commons Attribution 4.0 International License.