Chapter Five.Summary, Conclusions And Recommendations.

CHAPTER FIVE.SUMMARY, CONCLUSIONS AND RECOMMENDATIONS 5.1 Summary of Major Findings The study required to assess the effects of procurement procedure to the effectiveness of inventory management, to assess the effects of documentation of the effectiveness inventory management, to assess the effects of funding for the effectiveness inventory management, and to assess the effects of staff skills to the effective inventory management. The results of background information of respondents indicated that the majority of the total respondents (65.8 percent) are male, the rest (34.2 percent) were female, concerned respondents age ,11.3 % of the respondents were in the range of less than 25 years, 48.6% of the respondents are in†¦show more content†¦Thus, 62.3 percent of the variation in effectiveness of inventory management can be explained by the four independent variables. All the significance values of predictors (independent variables) were found to be less than 0.05 thus, an indication that all the values were statistically significant to make the study conclusion. The four variables were established to have an effect on effectiveness of inventory management in Este woreda public sector. 5.2 Conclusions Based on the findings the researcher makes the following conclusion on assessment of factors affecting effectiveness of inventory management in Public Sector; 5.2.1 Procurement procedures There are a long bureaucratic procurement procedures being experienced in the woreda and having a very elaborate procurement procedure. The long bureaucratic procedure has various negative effects that include delays in the procurement of goods, frequent stock-outs /under-stocking, poor inventory management and uncertain change of prices. The study established that procurement procedures has simplified the effectiveness of inventory management system in Este woreda, thus the study concludes that long bureaucratic procurement procedures had a negative impact on effectiveness of inventory management system in organizations. 5.2.2 Funding As shown the finding funds