| dc.description.abstract | This study establishes the influence of strategic
inventory management practices on the performance of
supermarkets in Nairobi County, Kenya. Specifically, the study
examined the effect of vendor managed inventory, lean inventory system, e-inventory management system and activity based costing system on performance of supermarkets in
Nairobi County. The study was grounded on the resource based
view theory. A descriptive cross-sectional survey research
design was employed and stratified random sampling approach
used to ensure representativeness of the study population. From
the target population of 158 supermarkets a sample size of 113
supermarkets was picked. A structured questionnaire was used
to collect primary data and was administered to the heads of
supply chain management in the respective firms. Descriptive
statistics and multiple regression equation were applied to
analyse data with the help of Statistical Package for Social
Sciences (version 21.0). The study established a positive
significant relationship between strategic inventory
management practices and performance of supermarkets.
Explicitly, e-inventory management system and activity-based
costing system registered the highest influence on performance
of supermarkets while lean inventory management systems had
no significant influence on performance. The study concludes
that strategic inventory management practices significantly
improve performance of supermarkets. Consequently, the study
recommends that management of supermarkets in the County
should implement e-inventory management systems and
practice activity-based costing in order to improve their
performance through reduction of operation costs and
improved inventory control, the management of supermarkets
should institutionalize employment of cost accountants as part
of supply chain management team for effective application of
activity based costing in inventory management. and the
government should give tax rebate on IT infrastructure related
to e-inventory management systems to encourage up take of the
systems by firm as a way of boosting their performance and
growth. Further the study suggests that future research should
focus on undertaking a comparable study incorporating a wider
spatial and population scope as well as give attention to
constructs affecting the effectiveness of strategic inventory
management practices once they are implemented by
supermarkets in order to obtain a comprehensive
understanding of the subject matter and contribute towards the
existing body of knowledge in this area. | en_US |
