期刊名称：International Journal of Development and Sustainability
印刷版ISSN：2186-8662
出版年度：2013
卷号：2
期号：2
页码：902-908
出版社：International Society for Development and Sustainability (ISDS)
摘要：Efficiency of stock management has and remains to be a thorny issue in most Kenyan organizations which are both privately and publicly owned. Most managers in these organizations do not effectively apply the appropriate stock management techniques in their day to day affairs of handling stock in the respective organizations. Stock being an invaluable investment in any successful organization today it needs to be appropriately and effectively managed to safeguard an organization's long term survival. Therefore with the increasing mismanagement and loss of stock the question of effective control and management is highly critical. This journal reports on the data from a study that sought to explore theefficiency of the stock management techniques adopted by private organizations and the recommendationsto enhance effective stock management in organizations. Data was collected from May to November 2012 from 350 junior employees of private organizations and 100 management staff using structured questionnaires. It was found that private organization did not have competent and professionally qualified staff to effectively manage their stock and training requirements are not taken into account to fit the staff to the organization's routine requirements. The study recommends that these organizations should recruit informed, competent and professionally qualified people to manage their stocks. Equally the organizations should embrace the a regular stock management training policy to equip the employees with the latest skills for controlling and monitoring stock movement for these organizations and ensure long term survival of the entities.
关键词：Efficiency; Management; Cost minimization; Long term survival
