Effects of Inventory Warehousing Systems on the Financial Performance of Seventh Day Adventist Institutions: A Case of Adventist Book Centers (ABC), Kenya

Abstract

Effective Inventory management and control systems are critical to the profitability and overall performance of many companies. Many Adventist Institutions have trouble resulting from operating losses and cash flow problems. This could be because of low income, poor management of inventory systems, and lack of financial discipline. The aim of this study was to investigate the effects of the management of warehousing inventory systems on Seventh day Adventist institution’s financial performance in Kenya. The main objective is to evaluate the effects of inventory warehousing systems on Seventh Day Adventist Institution’s financial performance of. The specific objective that guided this research was to assess the effect of Inventory warehousing systems on the financial performance of Adventist Book Centers. The researcher used descriptive research design in undertaking this study. The target population was 216 employees at HHES while sample size was 30% of the target population totaling to 64 employees. The sampling design adopted was be stratified random sampling because population is heterogeneous. Data was analyzed by use of statistical package for social science (SPSS) regression and correlation. Data was then presented using tables and figures. The empirical results revealed a positive significant relationship between financial performance and Inventory warehousing systems at 0.05 significance level. Further, they showed that Inventory warehousing systems had a significant effect on performance with a beta coefficient of 0.311. The study suggests that owners/managers of ABC embrace effective inventory warehousing systems as a tactic to further their financial performance and in overall performance of their organization.

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