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THE INFLUENCE OF INVENTORY MANAGEMENT PRACTICES ON ORGANIZATIONAL FINANCIAL PERFOMANCE
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- Contributor: mr-chris
- engagements: 56
- Case No: 333832ip
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ABSRACT - [ Total Page(s): 1 ]A large majority of organizations worldwide commit large amounts of funds to inventory management which constitutes most significant part of their current assets. The organizations strive, through their departments of - purchasing, production, sales and finance, to manage inventories efficiently and effectively so as to avoid unnecessary tying of capital. The aim of inventory management is to minimize costs of ordering, carrying and not carrying sufficient inventory. Poor inventory effects include - remarkable differences between stock records and physical stock, inadequate records and recordi
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CHAPTER ONE - [ Total Page(s): 1 ]CHAPTER ONEOVERVIEW OF THE STUDY1.0 IntroductionThis chapter presents an introduction to the Influence of Inventory Management Practices on Organizational Financial Performance: The Case of The National Microfinance Bank Headquarters Dar es Salaam. It also casts some light on the financial performance of NMB. It provides background information to the NMB, its organization, structure and sheds light on the problem addressed by the study. The chapter goes on to present objectives of the study, the research questions that the study is answering together with its si ... Continue Reading
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ABSRACT - [ Total Page(s): 1 ]A large majority of organizations worldwide commit large amounts of funds to inventory management which constitutes most significant part of their current assets. The organizations strive, through their departments of - purchasing, production, sales and finance, to manage inventories efficiently and effectively so as to avoid unnecessary tying of capital. The aim of inventory management is to minimize costs of ordering, carrying and not carrying sufficient inventory. Poor inventory effects include - remarkable differences between stock records and physical stock, inadequate records and recordi
... Continue Reading
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