This document summarizes a study on inventory management practices at Ethio Telecom in Dessie, Ethiopia. The study aimed to assess inventory management practices and identify problems. It found that periodic inventory review was not good, with issues like outdated materials, disparities in records, and excessive expediting. The study concluded that Ethio Telecom in Dessie should hold minimal necessary inventory while keeping business running smoothly, and records should be well-managed. However, the study was limited to one branch and did not fully explain results or compare to other studies.
This document summarizes a study on inventory management practices at Ethio Telecom in Dessie, Ethiopia. The study aimed to assess inventory management practices and identify problems. It found that periodic inventory review was not good, with issues like outdated materials, disparities in records, and excessive expediting. The study concluded that Ethio Telecom in Dessie should hold minimal necessary inventory while keeping business running smoothly, and records should be well-managed. However, the study was limited to one branch and did not fully explain results or compare to other studies.
This document summarizes a study on inventory management practices at Ethio Telecom in Dessie, Ethiopia. The study aimed to assess inventory management practices and identify problems. It found that periodic inventory review was not good, with issues like outdated materials, disparities in records, and excessive expediting. The study concluded that Ethio Telecom in Dessie should hold minimal necessary inventory while keeping business running smoothly, and records should be well-managed. However, the study was limited to one branch and did not fully explain results or compare to other studies.
This document summarizes a study on inventory management practices at Ethio Telecom in Dessie, Ethiopia. The study aimed to assess inventory management practices and identify problems. It found that periodic inventory review was not good, with issues like outdated materials, disparities in records, and excessive expediting. The study concluded that Ethio Telecom in Dessie should hold minimal necessary inventory while keeping business running smoothly, and records should be well-managed. However, the study was limited to one branch and did not fully explain results or compare to other studies.
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PREPARED BY NUREDIN ABDULA ALI
COLLAGE OF BUSINESS AND ECONOMICS
DEPARTMENT OF BUSINESS MANAGEMENT
MASTER OF BUSINESS ADMINSTRATION (MBA), EXTENSION, SECTION 2
Buba, M. G. (2018). INVENTORY MANAGEMENT PRACTICE OF ETHIO TELECOM, DESSIE , ETHIOPIA.
International Journal of Management and Social Science Research Review , Volume 1. (Issue-46.), Page 133.
1. Introduction
Buba (2018) conducted a study about inventory management practice of Ethio-Telecom Dessie, Ethiopia. The author has realized the importance of queries on inventory management practice to fight against poor inventory management practice in ET. The study was aimed to assess the inventory management practices of Ethio Telecom, Dessie branch. Poor inventory management practice in the specified area has implicate difficulties in the organization, the Author was decided to have a study on the topic to resisting such and such inventory challenges. Accordingly the author was evidently and coherently stated a certain relevant problems that prevailed and more likely weaken an appropriate operation of an organization with respects to inventory management practice of Ethio-Telecom, Dessie branch. This is why the author was decided to conduct inquiry on specified topic. As a result the explanation and problem identification of inventory management practices were the toughest focus of the study. Indeed, it is marvelous that the study became a crucial input to management practitioners and a milestone to body of knowledge since it provides conceptual model in line with scholarly developed literature for further increase understanding about inventory management practice. This is evidently pointed us with the effects of effective inventory management practices to control over cost inventories in the Telecom industry.
2. Conceptual framework “Inventory is the store of any resources utilized in the organization”. An inventory system is a set of policies and controls that entail the whole process to carry out resources. Indeed, the investigator was tried to show the very purpose of inventory analysis is to state when & how it should be ordered the inventories in the organization. The good management has a paramount importance in the overall flow of resource. Pareto principle is another important ingredient that implies “the few having the greatest importance and the many having little importance has been broadened to include many situations” (Buba, 2018, P: 134).
3. Method & Design
Descriptive design in line with two stage sampling design which means probabilistic sampling with stratified random sampling and simple random sampling techniques were employed to include optimum participants. Thus, 203 respondents were drawn out of 447 in the organization. Both qualitative and quantitative data were generated from primary and secondary sources via different data collection techniques. 4. Analysis The author was used a descriptive data analysis in order to meet intended goal of the study. A descriptive statistical tool such as percentage and frequency was applied to analyze data generated from different source.
5. Result As the result revealed (74.9 %) level of inventory of periodically review is not good. The centralized store system was undertaken in the organization. As study result depicted the organization was in high amount of out of dated materials, disparity of inventory records, manual compassing problems, inaccurate inventory records, High level of inventory, Excessive expediting and the likes are some. Hence, manager of business organizations are expected to consider inventory management practices as a core enterprise objective. Thus, the Author suggested that “ET, Dessie branch has to hold as little inventory as possible in line with keeping its business running”. To sum up Author was concluded the idea by saying “the concerned body should work well in keeping the entire flow of resource of the organization and keep them in a safe, protected and appropriate place”.
More importantly, the article has figured out the rationales behind the organization tuned in a failed shadow figure of inventory management practice. On a nutshell, the article was focused on one branch alone though, the company has had enormous branch across the region in the country. Therefore, the article has faced undisclosed shortcomings in terms of scope. The author couldn’t clarify both in article’s result and body of literature coherently the relevant of perato principle for the investigation. For the purpose of a comparison a study made by Jelaca (2016) on the role of Management practice and Business Environment in promoting innovativeness in the Republic of Serbia. The top-level managers of 50 large organizational systems in the Republic of Serbia, covering all business sectors and regions were included in to the sample. In contrary to this, the Author was down grade the top level managers at other districts instead of selected branch of Ethio-Telecom. Therefore, taking in to account the target population and sampling method, the selecting manager of the organization deciding probability sampling alone seems to be the failure of the article. Article’s output do have unreserved knowledge about inventory management practice. Of the result centralized store system was undertaken in the organization is one of the mentionable, but the author does not disclose any reasonable point. To sum up, in addition to previous knowhow the article inculcate an interesting lesson, such as the effects of inventory management practice, the role of effective inventory management practice, overall inventory concept, idea and meaning. More so, the article could be able to conjure up how and when the stock should be ordered in order to avert cost over effects in the business organization. Reference
Jelača1, M. S. (2016). The Role of Management Practice and Business Environment in
The impact of inventory management practice on firms’ competitiveness and organizational
performance: Empirical evidence from micro and small enterprises in Ethiopia, Daniel Atnafu & Assefa Balda, Cogent Business & Management (2018), 5: 1503219.
