INVENTORY MANAGEMENT AND FINANCIAL PERFORMANCE OF PUBLIC ENTITIES IN TANZANIA: A CASE OF TANZANIA POSTAL CORPORATION

Registration ID: IJNRD_193373

Published ID: IJNRD2304692

DOI: Click Here to Get

Amos Japhet Nsanganzelu

Inventory, Inventory Management, Financial Performance, Public Entities.

This study vowed to examine and establish the effect of inventory management on the public sector financial performance in Tanzania using Tanzania Posts Corporation (TPC) as the case study. Specifically, the study intended mainly to establish the effects of inventory management on financial performance of Tanzania Posts Corporation. The study adopted a mixed research method with use of both quantitative and qualitative approaches. Explanatory survey research design was used and a sample of 200 respondents was selected from among TPC employees who included financial management officers (Finance and Accounting Staff) and Corporation Executives at the Headquarters, Zones and Branches (out of the population of 400 targeted respondents) of which 194 respondents’ questionnaires were complete and were, therefore, used in the analysis. The selection followed both a stratified and random sampling methods and by the use of Slovenes formula in arriving at the sample size. Questionnaire and interviews were used to collect primary data while secondary information was collected using documentary review, and the quantitative analysis was undertaken using SPSS Version 26 tool. Findings revealed that inventory management affected the financial performance of Tanzania Postal Corporation (TPC). This study, therefore, concludes that inventory management had more positive effects on the financial performance of TPC and, thus, requires appropriate management. The study recommends that the management of TPC should strengthen the aspect of appropriate inventory management techniques and the related Internal Control System (ICS) of the entity so as to keep the entity intact and achieve positive financial performance.

Published Paper   E-Certificate

Amos Japhet Nsanganzelu (April-2023). INVENTORY MANAGEMENT AND FINANCIAL PERFORMANCE OF PUBLIC ENTITIES IN TANZANIA: A CASE OF TANZANIA POSTAL CORPORATION. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 8(4), g677-g689. https://ijnrd.org/papers/IJNRD2304692.pdf

Volume 8 Issue 4, April-2023

Pages : g677-g689

Paper Reg. ID: IJNRD_193373

Published Paper Id: IJNRD2304692

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Research Area: Engineering

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Published Paper PDF: https://ijnrd.org/papers/IJNRD2304692.pdf

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