A THESIS ON INVENTORY MANAGMENT AND CONTROL OF ETHIOPIAN ELECTRIC POWER

Abstract

The objectives of the study were to assess inventory management and control techniques of EEP to achieve the main objective of the study data were collected both from employee using structured questioner and interview as well as others related material. The study focused to address type the inventory controlling techniques used by the company, strategies designed by the organization to manage inventory, and how overflow of inventory monitored. Based on this the study consider 60 sample participants from different departments. The analysis was done using descriptive data analysis method. Accordingly, the finding implied that, majority of the respondents responded that they were very dissatisfied with the organization inventory management and controlling techniques such as, lack of effective inventory planning, long bureaucratic operation process, lack of inventory keeping track system, lack of continuous monitoring and evaluation system. In addition, the finding of the study proofs absence of materials and facilities required; and missing to use computer technology for inventory management functions of the company, which contributes for inventory management and controlling performances inefficient in the company. Based on the problems discussed above the study were recommend some major points such as, the enterprise should design the warehouse in a way to minimize damage and upgrade the knowledge of employees to use technology to improve service for their customers and maximize use of storage space. Furthermore, the inventory planning management of the enterprise should consider the real demand which benefit the enterprise by avoiding unnecessary inventory costs and lower inventory levels.