The purpose of this research was to investigate how
inventory management affected the performance of manufacturing enterprises in
the Kumasi Metropolis. In addition, the research used both descriptive as well
as explanatory research approaches. The research demographic included all of
the manufacturing companies in Ghana’s Kumasi Metropolis, and the target
demographic included all of the staff members who work in essential departments
of the manufacturing businesses sited throughout the Assembly. The total
population is 62. The sample size was determined using the Yamane sample size
determination formula in the study. Because the population and location of
manufacturing companies were available, probability sampling was utilized in this investigation, with a sample size of 54.
According to the research, a one-unit gain in inventory management leads
to a 20.3 percent, 31.9 percent, and 21 percent rise in marketplace efficiency,
financial results, as well as client satisfaction, respectively. Ultimately,
the research shows that stock management is a factor in the success of
manufacturing companies. As a result, it is advised that optimum stock
management methods be implemented in order to improve the operation of
industrial enterprises in Ghana’s Kumasi Metropolis.
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