Abstract:
This study investigates the effectiveness of inventory control systems in Ghanaian public
universities using University of Education, Winneba (UEW) as a case. This is done through
critical assessment of inventory control system types, examination of inventory control
system effectiveness and inspection of inventory control challenges. The study employed
mixed methods research methodology which includes qualitative and quantitative research
approaches. Purposive sampling was used to administer 112 questionnaires. 110 filled
questionnaires were received for analysis. SPSS version 19 was used for the statistical
analysis. The statistical analysis techniques utilised include descriptive analysis and
multiple linear regression statistical techniques. The study’s findings discovered the usage
of perpetual inventory control system in UEW. Additionally, inventory control system
type, components and actors influence the effectiveness of inventory control systems in
UEW. However, inventory control systems challenges such as excessive manual processes
frustrate the inventory operations and effectiveness in UEW. The study recommends that
authorities should ensure regular human resource trainings on the new technologies and
ways of modern inventory control practices in organisations. They should promote the
computerization and digitalization of inventory control systems to prevent exasperating
manual processes of inventory operations in organisations.
Description:
A Dissertation in the School of Business, Department of Accounting submitted to the School of Graduate School in partial fulfilment of the requirements for the award of the degree of Master of Business Administration (Accounting) in the University of Education, Winneba
JANUARY, 2023
