Inventory Controls and Financial Performance of Garissa County Government, Kenya
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Date
2017
Authors
Nur, Mohamed Hussein
Koori, Jeremiah
Journal Title
Journal ISSN
Volume Title
Publisher
IPRJB
Abstract
Purpose: The purpose of the study was to examine inventory controls and financial performance
of Garissa county government, Kenya.
Methodology: The study adopted a descriptive research design. The target population of the
study was all the 250 employees in the Garissa county treasury department. The sample size was
70 employees in the Garissa county treasury department who was selected using stratified
random sampling. Primary data was collected through the administration of the questionnaires.
Results: The study found that that inventory recording have a positive and a significant effect on
financial sustainability. The study also found that stock taking has a positive and a significant
effect on financial sustainability. Also the study found that E-procurement had a positive and a
significant effect on financial sustainability. Lastly, the study found that inventory management
training has a positive and a significant effect on financial sustainability.
Unique contribution to theory, practice and policy: The study recommends that the county
governments adopting e-procurement ought to scale down on traditional procurement activities if
the benefits of e-procurement are to be realized. Additionally, it is recommended that county
governments should focus more on streamlining e-tendering, e-requisitioning and e-sourcing
because a strong and significant relationship exists between those e-procurement processes and
procurement performance in supermarkets
Description
A Research Article in the International Journal of Finance and Accounting
Keywords
Inventory recording, Stock auditing, E – procurement, Inventory management training, Financial performance
Citation
Nur, M. H., & Koori, J. (2017). Inventory Controls and Financial Performance of Garissa County Government, Kenya. International Journal of Finance and Accounting, 2(6), 34-50.