Effect of Inventory Management Practices on Organizational Performance in Ethiopian Universities

The purpose of this study was to assess the effect of inventory management practices on organizations performance of some selected universities in Amhara region, Ethiopia. In recent years, many firms in the world have faced several challenges particularly in inventory management, thus affecting their operational performance. After developing the conceptual framework, identifying the constructs and finalizing the questionnaire based on a good reliability obtained during the pilot study, it was decided that the survey would be conducted in the study area. A total of 304 responses were collected. The sampling design used in this study was random sampling with a technique of stratified random sampling technique. A quantitative approach using SPSS were used to analyse the data collected. Both descriptive statistics like percentage, frequency, mean, standard deviations and inferential statistics such as regression and correlation analysis were used to tests the hypotheses and answer the research questions. From the research findings, the study concluded that all the independent variables studied have a significant effect on organizations performance as shown by strong coefficient of correlation and regression with a p value less than 0.01.