Exploring the Nexus of inventory optimization and operational efficiency: Data-driven insights from public sector organizations in Ethiopia

References

• Adeyemi, P. A., & Olufemi, O. B. (2016). The determinants of capacity utilization in the Nigerian manufacturing sector. Journal of Economics & Sustainable Development, 7(5), 20–18.
   Google Scholar
• Afrifa, G. A., Tauringana, V., & Tingbani, I. (2014). Working capital management and performance of listed SMEs. Journal of Small Business & Entrepreneurship, 27(6), 557–578. https://doi.org/10.1080/08276331.2015.1114351
   Google Scholar
• Afunadula, B. (2018), “Current mortality rate of SMEs will kill private sector – economist warns”, PML Daily, available at: www.pmldaily.com/business/2018/05/current-mortality-rate-of-smeswillkill-private-sector-economist-warns.html (Retrieved August 20, 2018).
   Google Scholar
• Ahmed, H., Buba, M. G., Thomran, M., Muzeyin, J. R., & Ferejo, M. N. (2022). Evaluation of critical determinants of inventory management techniques on universities’ performance in Ethiopia. SMART Journal of Business Management Studies, 18(2), 51–59. https://doi.org/10.5958/2321-2012.2022.00016.1
   Web of Science ®Google Scholar
• Ahmed, A. D., Modibbo, S., Modu, K., & Muhammad, B. (2016). Effect of inventory management on financial performance: Evidence from Nigerian conglomerate companies. International Journal of Social, Behavioral, Educational, Economic, Business and Industrial Engineering, 10(9), 33–89.
   Google Scholar
• Akelo, M. K. (2011). Strategic planning practices in Kenya pipeline (Doctoral dissertation, University of University).
   Google Scholar
• Akisimire, R., Masoud, M. S., Baisi, M. D., & Orobia, L. A. (2016). Board member age diversity and financial performance of manufacturing firms: A developing economy perspective. Journal of Economics and Behavioral Studies, 8(5), 120–132. https://doi.org/10.22610/jebs.v8i5(J).1437
   Google Scholar
• Andersson, R., Manfredsson, P., & Lantz, B. (2015). Total productive maintenance in support processes: An enabler for operation excellence. Total Quality Management & Business Excellence, 26(9–10), 1042–1055. https://doi.org/10.1080/14783363.2015.1068598
   Web of Science ®Google Scholar
• Aspers, P., & Corte, U. (2019). What is qualitative in qualitative research. Qualitative Sociology, 42(2), 139–160. https://doi.org/10.1007/s11133-019-9413-7
   PubMed Web of Science ®Google Scholar
• Bag, S., Wood, L. C., Xu, L., Dhamija, P., & Kayikci, Y. (2020). Big data analytics as an operational excellence approach to enhance sustainable supply chain performance. Resources Conservation & Recycling, 153, 104559. https://doi.org/10.1016/j.resconrec.2019.104559
   Web of Science ®Google Scholar
• Belay, A. A. (2017). Operational performance measurement of world major airlines with a particular emphasis of Ethiopian airlines: An integrated comparative approach ( Doctoral dissertation).
   Google Scholar
• Bertagnolli, F. (2018). Lean management. Springer Fachmedien Wiesbaden.
   Google Scholar
• Bhat, M. A., Gomero, G. D., & Khan, S. T. (2022). Antecedents of savings behaviour among rural households: A holistic approach. FIIB Business Review, 23197145221110281. https://doi.org/10.1177/23197145221110281
   Google Scholar
• Bhat, M. A., & Tariq, S. (2020). Determinants of loan settlement performance for microfinance institutions of Oromia regional state of Ethiopia. International Journal of Advanced Science & Technology, 29(9), 2609–2622.
   Google Scholar
• Chandra, M., Kumar, K., Thakur, P., Chattopadhyaya, S., Alam, F., & Kumar, S. (2022). Digital technologies, healthcare and COVID-19: Insights from developing and emerging nations. Health and Technology, 12(2), 547–568. https://doi.org/10.1007/s12553-022-00650-1
   Web of Science ®Google Scholar
• Godana, B. E., & Ngugi, K. (2014). Determinants of effective inventory management at Kenol Kobil limited. European Journal of Business Management, 1(11), 341–361.
   Google Scholar
• Gomero, G. D., Bhat, M. A., & Khan, S. T. (2020). Factors affecting the budgetary practice effectiveness; evidence from Ethiopia’s public sector organizations in Assosa. International Journal of Management (IJM), 11(10), 591.
   Google Scholar
• Gomero, G. D., Bhat, M. A., & Obssilencha, K. (2020). Determinants of public construction works contract performance application: An empirical survey. Management Dynamics, 19(2), 34–45. https://doi.org/10.57198/2583-4932.1021
   Google Scholar
• Gul, S., Khan, M. B., Raheman, S. U., Khan, M. T., Khan, M., & Khan, W. (2013). Working capital management and performance of SME sector. European Journal of Business and Management, 5(1), 60–68.
   Google Scholar
• Gurmu, T. G., & Ibrahim, A. J. (2017). Inventory management performance of key essential medicines in health facilities of East Shewa Zone, Oromia Regional State, Ethiopia. Cukurova Medical Journal, 42(2), 277–291.
   Google Scholar
• Hamza, K., Mutala, Z., & Antwi, S. K. (2015). Cash management practices and financial performance of small and medium enterprises (SMEs) in the Northern region of Ghana. International Journal of Economics, Commerce and Management, 3(7), 456–480.
   Google Scholar
• Hanson, W. E., Creswell, J. W., Clark, V. L. P., Petska, K. S., & Creswell, J. D. (2005). Mixed methods research designs in counseling psychology. Journal of Counseling Psychology, 52(2), 224. https://doi.org/10.1037/0022-0167.52.2.224
   Web of Science ®Google Scholar
• Hasan, H., Aziz, Z. A., & Nordin, N. I. A. (2021). Resources and Information Technology Towards Operational Performance in Logistic Firm. FKP Postgraduate Research Colloquium 2021, 145–154. 978-967-25774-0-9.
   Google Scholar
• Hausman, A. (2005). Innovativeness among small businesses: Theory and propositions for future research. Industrial Marketing Management, 34(8), 773–782. https://doi.org/10.1016/j.indmarman.2004.12.009
   Web of Science ®Google Scholar
• Hernandez de Menendez, M., Morales-Menendez, R., Escobar, C. A., & McGovern, M. (2020). Competencies for industry 4.0. International Journal on Interactive Design & Manufacturing (IJIDeM), 14(4), 1511–1524. https://doi.org/10.1007/s12008-020-00716-2
   Google Scholar
• Juan, P. G., & Martinez, S. (2002). Effects of working capital management on SME profitability. Journal of Business Finance & Accounting, 30(3–4), 1–14. Retrieved from. http://www.sagepublications
   Google Scholar
• Jubayer, M. F., Kayshar, M. S., Hossain, M. S., Uddin, M. N., Al-Emran, M., & Akter, S. S. (2020). Evaluation of food safety knowledge, attitude, and self-reported practices of trained and newly recruited untrained workers of two baking industries in Dhaka, Bangladesh. Heliyon, 6(9), e05021. https://doi.org/10.1016/j.heliyon.2020.e05021
   PubMed Web of Science ®Google Scholar
• Juma, S. N. (2013). Influence of electronic banking services on customer service delivery in banking industry, A case of Bungoma County, Kenya (Doctoral dissertation, University of Nairobi).
   Google Scholar
• Kamau, L. W., & Kagiri, A. W. (2015). Influence of inventory management practices on organizational competitiveness: A case of Safaricom Kenya Ltd. International Academic Journal of Procurement and Supply Chain Management, 1(5), 72–98.
   Google Scholar
• Kamukama, N., Kyomuhangi, S. D., Akisimire, R., & Orobia, L. A. (2017). Competitive advantage: Mediator of managerial competence and financial performance of commercial banks in Uganda. African Journal of Economic and Management Studies, 8(2), 221–234. https://doi.org/10.1108/AJEMS-10-2016-0142
   Google Scholar
• Kangethe, K. (2018), “46% Kenya’s SMEs close within a year of founding Capital Business”, available at: www.allafrica.com (Retrieved March 12, 2019).
   Google Scholar
• Karim, N. A., Nawawi, A., & Salin, A. S. A. P. (2017). Inventory control weaknesses – a case study of lubricant manufacturing company. Journal of Finance Crime, 25(2), 436–449. https://doi.org/10.1108/JFC-11-2016-0077
   Google Scholar
• Kaudunde, M. (2013). An assessment of effectiveness of inventory Control system in the public sector in Tanzania A case of Kilwa district council (Doctoral dissertation, Mzumbe University).
   Google Scholar
• Khan, F., & Siddiqui, <. (2019). Impact of inventory management on firm’s efficiency–A quantitative research study on departmental stores operating in Karachi. Social Science and Humanities Journal, 3(4), 964–980.
   Google Scholar
• King, R., Clarkson, P. M., & Wallace, S. (2010). Budgeting practices and performance in small healthcare businesses. Management Accounting Research, 21(1), 40–55. https://doi.org/10.1016/j.mar.2009.11.002
   Web of Science ®Google Scholar
• Koumanakos, D. P. (2008). The effect of inventory management on firm performance. International Journal of Productivity & Performance Management, 57(5), 355–369. https://doi.org/10.1108/17410400810881827
   Google Scholar
• Li, K., Li, D., & Wu, D. (2022). Carbon transaction-based location-routing-inventory optimization for cold chain logistics. Alexandria Engineering Journal, 61(10), 7979–7986. https://doi.org/10.1016/j.aej.2022.01.062
   Web of Science ®Google Scholar
• Lotfi, R., Kargar, B., Rajabzadeh, M., Hesabi, F., & Özceylan, E. (2022). Hybrid fuzzy and data-driven robust optimization for resilience and sustainable health care supply chain with vendor-managed inventory approach. International Journal of Fuzzy Systems, 24(2), 1216–1231. https://doi.org/10.1007/s40815-021-01209-4
   Web of Science ®Google Scholar
• Magoutas, A., Papadogonas, T. A., & Sfakianakis, G. (2012). Market structure, education and growth. International Journal of Business & Social Science, 3(12), 88–95.
   Google Scholar
• Manatkar, R. P., Karthik, K., Kumar, S. K., & Tiwari, M. K. (2016). An integrated inventory optimization model for facility location-allocation problem. International Journal of Production Research, 54(12), 3640–3658. https://doi.org/10.1080/00207543.2015.1120903
   Web of Science ®Google Scholar
• May, B. I., Atkinson, M. P., & Ferrer, G. (2017). Applying inventory classification to a large inventory management system. Journal of Operations and Supply Chain Management (JOSCM), 10(1), 68–86. https://doi.org/10.12660/joscmv10n1p68-86
   Google Scholar
• Mishra, A., Dutta, P., Jayasankar, S., Jain, P., & Mathiyazhagan, K. (2022). A review of reverse logistics and closed-loop supply chains in the perspective of circular economy. Benchmarking: An International Journal, 30(3), 975–1020. https://doi.org/10.1108/BIJ-11-2021-0669
   Web of Science ®Google Scholar
• Munyao, R.M., Omulo, V.O., Mwithiga, M.W., & Chepkulei, B. (2015). Role of inventory management practices on performance of production department- a case of manufacturing firms. International Journal of Economics, Commerce and Management, III(5), 1625–1656.
   Google Scholar
• Mwaura, C. N. (2017). The effect of inventory turnover on the financial performance of medium and large Retail supermarkets in Kenya (Doctoral dissertation, University of Nairobi).
   Google Scholar
• Nallusamy, S., Balaji, R., & Sundar, S. (2017). Proposed model for inventory review policy through ABC analysis in an automotive manufacturing industry. In International Journal of Engineering Research in Africa (Vol. 29, pp. 165–174). Trans Tech Publications.
   Google Scholar
• Naway, F., & Rahmat, A. (2019). The mediating role of technology and logistic integration in the relationship between supply chain capability and supply chain operational performance. Uncertain Supply Chain Management, 7(3), 553–566. https://doi.org/10.5267/j.uscm.2018.11.001
   Google Scholar
• Nel, D. J., & Badenhorst-Weiss, J. A. (2011). Analysing the differences between theoretical and implemented supply chain strategies in selected organisations. Journal of Transport and Supply Chain Management, 5(1), 299–315. https://doi.org/10.4102/jtscm.v5i1.79
   Google Scholar
• Oballah, D., Waiganjo, E., & Wachiuri, W. E. (2015). Effect of inventory management practices on Organizational performance in Public health institutions in Kenya: A case study of Kenyatta national hospital. International Journal of Education & Research, 3(3), 703–714.
   Google Scholar
• Ohman‐strickland, P. A., John Orzano, A., Nutting, P. A., Perry Dickinson, W., Scott‐cawiezell, J., Hahn, K. & Crabtree, B. F. (2007). Measuring organizational attributes of primary care practices: Development of a new instrument. Health Services Research, 42(3p1), 1257–1273. https://doi.org/10.1111/j.1475-6773.2006.00644.x
   PubMedGoogle Scholar
• Ojiambo, B. (2016). Sourcing Funds for SMEs. In Small and Medium Enterprises Supplement, New Vision. Kampala.
   Google Scholar
• Okoye, B. I., Ndugba, C., Okonkwo, I., Udemba, C., Okafor, E., & Orji, U. (2022). Evaluation of essential medicines management in public health facilities in Ekiti state Nigeria. International Journal of Science Academic Research, 3(9), 4359–4365–291.277–291.
   Google Scholar
• Okwaro, F., Iravo, M., & Berut, Z. (2017). Factors affecting inventory management efficiency in Kenya seed company, Kitale Branch, Kenya. International Journal of Recent Research in Commerce Economics and Management, 4(1), 19–39.
   Google Scholar
• Opoku, R. K., Fiati, H. M., Kaku, G., Ankomah, J., & Opoku-Agyemang, F. (2020). Inventory management practices and operational performance of manufacturing firms in Ghana. Advances in Research, 21(10), 1–18. https://doi.org/10.9734/air/2020/v21i1030246
   Google Scholar
• Orobia, L. A., Nakibuuka, J., Bananuka, J., & Akisimire, R. (2020). Inventory management, managerial competence and financial performance of small businesses. Journal of Accounting in Emerging Economies, 10(3), 379–398. https://doi.org/10.1108/JAEE-07-2019-0147
   Web of Science ®Google Scholar
• Panigrahi, R. R., Jena, D., Sahoo, A., & Nayak, M. R. (2023). Inventory management practice and performances of manufacturing firms: An empirical study of RFID and VMI. In Emerging Trends in Decision Sciences and Business Operations (pp. 46–68). Routledge India.
   Google Scholar
• Panigrahi, R. R., Mishra, P. C., Samantaray, A., & Jena, D. (2022). Management of inventory for firms’ efficiency–a study on steel manufacturing industry. Journal of Advances in Management Research, 19(3), 443–463. https://doi.org/10.1108/JAMR-08-2021-0273
   Web of Science ®Google Scholar
• Pourhejazy, P. (2020). Destruction decisions for managing excess inventory in e-commerce logistics. Sustainability, 12(20), 8365. https://doi.org/10.3390/su12208365
   Web of Science ®Google Scholar
• Prajogo, D., Toy, J., Bhattacharya, A., Oke, A., & Cheng, T. C. E. (2018). The relationships between information management, process management and operational performance: Internal and external contexts. International Journal of Production Economics, 199, 95–103. https://doi.org/10.1016/j.ijpe.2018.02.019
   Web of Science ®Google Scholar
• Qu, T., Huang, T., Nie, D., Fu, Y., Ma, L., & Huang, G. Q. (2022). Joint decisions of inventory optimization and order allocation for omni-channel multi-echelon distribution network. Sustainability, 14(10), 5903. https://doi.org/10.3390/su14105903
   Web of Science ®Google Scholar
• Roohi, M., van de Lindt, J. W., Rosenheim, N., Hu, Y., & Cutler, H. (2020). Implication of building inventory accuracy on physical and socio-economic resilience metrics for informed decision-making in natural hazards. Structure and Infrastructure Engineering, 17(4), 534–554. https://doi.org/10.1080/15732479.2020.1845753
   Web of Science ®Google Scholar
• Rotich, G. K., & Okello, B. (2015). Analysis of use of e-procurement on performance of the procurement functions of county governments in Kenya. International Journal of Economics, Commerce and Management, 3(6), 1381–1398. https://doi.org/10.11648/j.si.20150305.11
   Google Scholar
• Shrafat, F. D., & Ismail, M. (2019). Structural equation modeling of lean manufacturing practices in a developing country context. Journal of Manufacturing Technology Management, 30(1), 122–145. https://doi.org/10.1108/JMTM-08-2017-0159
   Web of Science ®Google Scholar
• Solomon, G., Frese, M., Friedrich, C., & Glaub, M. (2013). Can personal initiative training improve small business success? A longitudinal South African evaluation study. The International Journal of Entrepreneurship and Innovation, 14(4), 255–268. https://doi.org/10.5367/ijei.2013.0129
   Google Scholar
• TAYE, A. (2022). Assessment Of Inventory Management Practices in the Case Of Agp Poultry Plc (Doctoral dissertation, ST. MARY’S UNIVERSITY).
   Google Scholar
• TEKLEHAIMANOT, H., NEGASSA, S., & REGASSA, T. (2014). The practice of inventory management in Ethiopia commodity exchange in case of hawassa & hummera warehouses (Doctoral dissertation, St. Mary’s University).
   Google Scholar
• Toor, J., Du, J. T., Koyle, M., Abbas, A., Shah, A., Bassi, G. … Wolfstadt, J. (2022). Inventory optimization in the perioperative care department using Kotter’s change model. The Joint Commission Journal on Quality and Patient Safety, 48(1), 5–11. https://doi.org/10.1016/j.jcjq.2021.09.011
   PubMed Web of Science ®Google Scholar
• Wu, W. M. (2012). Capacity utilization and its determinants for a container shipping line: Theory and evidence. Applied Economics, 44(27), 3491–3502. https://doi.org/10.1080/00036846.2011.577020
   Web of Science ®Google Scholar
• Yamane, T. (1973). Statistics: An Introductory Analysis. John Weather Hill, Inc.
   Google Scholar
• Yevu, S. K., Yu, A. T. W., Darko, A., & Addy, M. N. (2021). Evaluation model for influences of driving forces for electronic procurement systems application in Ghanaian construction projects. Journal of Construction Engineering and Management, 147(8), 04021076. https://doi.org/10.1061/(ASCE)CO.1943-7862.0002107
   Web of Science ®Google Scholar