Assessing Challenges of Inventory Management Pratice (In Case of Dubo Primary Hospital)

Abstract

Inventory is a vital asset, necessary for effective operation of any organization. The key to growing your business is not your strategies, your people or your technology. It is your ability to manage the chain of your vital inputs that you need to create your product and service. The main objective of the study is to find out the challenges of inventory management practice in Dubo primary hospital with respect to their cause and forward possible solutions to mitigate the challenges. Data for the study was collected from different section and department. The major data collection tools were interview and questioner. The finding of this study shows that organization used different items in distinct store method. Even through this method helps to improve management system it highly increase carrying cost of inventories .therefore it is better to the organization if it apply all item at a center store method over all item at distinct store method.

Keywords:Inventory management, storage system, replenishment policies

DOI: 10.7176/IEL/9-1-01