Role of inventory security practices on organization procurement performance in clearing and forwarding firms in Nairobi County, Kenya (original) (raw)

2013

Abstract

The purpose of this study was primarily based on finding out the factors which affect the security of inventory held by clearing and forwarding companies in Nairobi County. The study employed a descriptive survey research design. Questionnaires were used as instruments for collecting data from the warehouse employees. Data analysis was done using descriptive statistics after data cleaning and coding. Results of data analysis were presented using frequency distribution tables, bar graphs and pie charts. Multiple regression analysis revealed that external inventory security practices and internal inventory security practices had significant positive effects on safety performance, whereas inventory security procedural practices had a significant positive effect on the level of security measures. Similarly, the findings indicated that outsourcing of all inventory security practices attracted a significant number of firms as the primary strategy for dealing with any shortage challenges. Equally most of the firms used perimeter fences, alarm systems, record keeping and stock marking activity to manage their security inventory requirements. This research contributes to the body of the existing literature. Specifically, it will inspire managers in the clearing and forwarding industry to develop appropriate strategies on how to manage warehouse security in their organisations effectively. The study will provide an opportunity for the management to resolve the issues at the initial stages. Key words: Inventory security, warehouse security practices, supply chain security management, computerized stock documentation and logistics function.

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