Inventory Management Practices in Small and Medium Enterprises

Small and Medium enterprises are growing at a fast rate and their impact in the economy is great. However, they are faced with challenges including inability to be sustainable in the long run and one of the probable causes as suggested by extant literature is ineffective and inefficient management of inventory. The aim of the study was to evaluate inventory management practices in SMEs, the study covered all the selected merchandizing SMEs and excluded the SMEs in manufacturing and services industry as well as large enterprises.

Autorentext

Prisca.C.B.Misoi MBA,CPA, studied BCom at The Catholic University of Eastern Africa and a member of Institute of Certified Public Accountants.Prof. Corazon Banaga is currently the Head of Management Department in the school of Business at the University of Eastern Africa Baraton.Mr.Richard Omondi is a lecturer at the Department of Management