Analysis of the Impact of Inventory Management Practice on the Effectiveness of Retail Stores in South Africa

1
Ayodeji Michael Obadire
Ayodeji Michael Obadire Senior Lecturer
2
Bame Lesego Boitshoko
Bame Lesego Boitshoko
3
Naledi Tendai Moyo
Naledi Tendai Moyo

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GJMBR Volume 22 Issue C5

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The objective of our study was to evaluate, in a population of Togolese People Living With HIV(PLWHIV), the agreement between three scores derived from the general population namely the Framingham score, the Systematic Coronary Risk Evaluation (SCORE), the evaluation of the cardiovascular risk (CVR) according to the World Health Organization.
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The study analyses the impact of inventory management practices on the effectiveness of retail stores in Vhembe District, South Africa. A quantitative research design was adopted for the study. The study used a simple random sampling method to collect data from 30 retail stores. Results from the survey revealed that inventory management tools and techniques like economic order quantity, just-in-time, barcoding and inventory management software have a positive effect on the performance of retail stores. This is because the quality of service delivery to customers was improved, thereby outperforming competitors. Also, sales and turnover increased as over-stocking and under-stocking were effectively managed giving rise to a higher return on investment. The major conclusion drawn from the study was that the adoption of inventory management practices positively affects the retail businesses in Vhembe District.

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

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No ethics committee approval was required for this article type.

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Not applicable for this article.

Ayodeji Michael Obadire. 2026. \u201cAnalysis of the Impact of Inventory Management Practice on the Effectiveness of Retail Stores in South Africa\u201d. Global Journal of Management and Business Research - C: Finance GJMBR-C Volume 22 (GJMBR Volume 22 Issue C5): .

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Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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GJMBR-C Classification: DDC Code: 658.8342 LCC Code: HF5415.32
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v1.2

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December 26, 2022

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English

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Analysis of the Impact of Inventory Management Practice on the Effectiveness of Retail Stores in South Africa

Ayodeji Michael Obadire
Ayodeji Michael Obadire
Bame Lesego Boitshoko
Bame Lesego Boitshoko
Naledi Tendai Moyo
Naledi Tendai Moyo

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