The impact of inventory management practice on firms’ competitiveness and organizational performance: Empirical evidence from micro and small enterprises in Ethiopia

This study aimed to empirically examine the impact of inventory management practice on firms’ competitiveness and organizational performance. Data for the study were collected from 188 micro and small enterprises (MSEs) operating in the manufacturing sub-sector and the relationships and hypothesis p...

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Autores principales:	Daniel Atnafu, Assefa Balda
Formato:	article
Lenguaje:	EN
Publicado:	Taylor & Francis Group 2018
Materias:	inventory management manufacturing performance competitiveness sem Business HF5001-6182 Management. Industrial management HD28-70
Acceso en línea:	https://doaj.org/article/151ffc4451864b67a07c788909b313da
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spelling	oai:doaj.org-article:151ffc4451864b67a07c788909b313da2021-12-02T14:35:48ZThe impact of inventory management practice on firms’ competitiveness and organizational performance: Empirical evidence from micro and small enterprises in Ethiopia2331-197510.1080/23311975.2018.1503219https://doaj.org/article/151ffc4451864b67a07c788909b313da2018-01-01T00:00:00Zhttp://dx.doi.org/10.1080/23311975.2018.1503219https://doaj.org/toc/2331-1975This study aimed to empirically examine the impact of inventory management practice on firms’ competitiveness and organizational performance. Data for the study were collected from 188 micro and small enterprises (MSEs) operating in the manufacturing sub-sector and the relationships and hypothesis proposed in the conceptual framework were tested using structural equation modeling (SEM). The results indicate that higher levels of inventory management practice can lead to an enhanced competitive advantage and improved organizational performance. Also, competitive advantage can have a direct, positive impact on organizational performance. Therefore, it is recommended that policy makers, universities, NGOs and any concerned party who are engaged in supporting of MSEs need to work on providing the necessary training and resource to promote the inventory management practice of MSEs which will result in increasing their competitiveness and organizational performance. That would enhance their contribution to the economic development of the country. Note that, the conclusion obtained from this study may not be used to generalize to large and medium scale as well as overall sectors since its focus is only from the MSEs’ manufacturing sub-sector points of view.Daniel AtnafuAssefa BaldaTaylor & Francis Grouparticleinventory managementmanufacturingperformancecompetitivenesssemBusinessHF5001-6182Management. Industrial managementHD28-70ENCogent Business & Management, Vol 5, Iss 1 (2018)
institution	DOAJ
collection	DOAJ
language	EN
topic	inventory management manufacturing performance competitiveness sem Business HF5001-6182 Management. Industrial management HD28-70
spellingShingle	inventory management manufacturing performance competitiveness sem Business HF5001-6182 Management. Industrial management HD28-70 Daniel Atnafu Assefa Balda The impact of inventory management practice on firms’ competitiveness and organizational performance: Empirical evidence from micro and small enterprises in Ethiopia
description	This study aimed to empirically examine the impact of inventory management practice on firms’ competitiveness and organizational performance. Data for the study were collected from 188 micro and small enterprises (MSEs) operating in the manufacturing sub-sector and the relationships and hypothesis proposed in the conceptual framework were tested using structural equation modeling (SEM). The results indicate that higher levels of inventory management practice can lead to an enhanced competitive advantage and improved organizational performance. Also, competitive advantage can have a direct, positive impact on organizational performance. Therefore, it is recommended that policy makers, universities, NGOs and any concerned party who are engaged in supporting of MSEs need to work on providing the necessary training and resource to promote the inventory management practice of MSEs which will result in increasing their competitiveness and organizational performance. That would enhance their contribution to the economic development of the country. Note that, the conclusion obtained from this study may not be used to generalize to large and medium scale as well as overall sectors since its focus is only from the MSEs’ manufacturing sub-sector points of view.
format	article
author	Daniel Atnafu Assefa Balda
author_facet	Daniel Atnafu Assefa Balda
author_sort	Daniel Atnafu
title	The impact of inventory management practice on firms’ competitiveness and organizational performance: Empirical evidence from micro and small enterprises in Ethiopia
title_short	The impact of inventory management practice on firms’ competitiveness and organizational performance: Empirical evidence from micro and small enterprises in Ethiopia
title_full	The impact of inventory management practice on firms’ competitiveness and organizational performance: Empirical evidence from micro and small enterprises in Ethiopia
title_fullStr	The impact of inventory management practice on firms’ competitiveness and organizational performance: Empirical evidence from micro and small enterprises in Ethiopia
title_full_unstemmed	The impact of inventory management practice on firms’ competitiveness and organizational performance: Empirical evidence from micro and small enterprises in Ethiopia
title_sort	impact of inventory management practice on firms’ competitiveness and organizational performance: empirical evidence from micro and small enterprises in ethiopia
publisher	Taylor & Francis Group
publishDate	2018
url	https://doaj.org/article/151ffc4451864b67a07c788909b313da
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The impact of inventory management practice on firms’ competitiveness and organizational performance: Empirical evidence from micro and small enterprises in Ethiopia

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