scholarly journals EFFECTS OF JUST-IN-TIME PROCUREMENT STRATEGY ON ORGANIZATION PERFORMANCE OF FOOD AND BEVERAGE MANUFACTURING FIRMS IN NAIROBI COUNTY, KENYA

2021 ◽  
Vol 5 (2) ◽  
pp. 21-32
Author(s):  
Joshua Kyalo Mutua ◽  
Dr. Meshack Misoi ◽  
Dr. Rose Boit
Keyword(s):  
Manufacturing Firms ◽  
Test Method ◽  
Face Validity ◽  
Primary Data ◽  
Just In Time ◽  
Organization Performance ◽  
Unique Contribution ◽  
Food And Beverage ◽  
Procurement Strategy ◽  
Positive Effect

Purpose: The objective of this study was to investigate the effects of Just-in-time procurement strategy on organization performance of food and beverage manufacturing firms in Nairobi County. Methodology: The study adopted a causal research design. To collect primary data the respondents answered questions administered to them through questionnaires. The unit of observation consisted of the Heads of Procurement, Production, Sales and Finance of the food and beverage manufacturing firms located in Nairobi County as listed by Kenya Association of Manufacturers in 2019. The sample size was 83 heads of department. Face validity was used to determine the accuracy of the study instrument while test re-test method was used to determine the reliability. The completed questionnaires were analysed with the aid of Statistical Package for Social Sciences. Data was analysed using descriptive and inferential statistical techniques. Findings: From the study findings Just-in-time (JIT) procurement strategy (β=0.689, t=3.469, p=0.001) had a positive effect on organization performance of food and beverage manufacturing firms. The value of adjusted R2 was 0.167 indicating that there was variation of 16.7 percent on organization performance due to changes in JIT procurement at 95 percent confidence interval. Conclusion: The study concluded that JIT Procurement strategy has a positive effect on organization performance of food and beverage manufacturing firms in Nairobi County. The overall effect of JIT Procurement strategy on organization performance was 68.9%. The study therefore accepted the alternative hypothesis that JIT procurement strategy has significant effect on organization performance of food and beverages manufacturers in Nairobi County. Unique contribution to theory, practice and policy: Food and beverge manufacturing firms in developing countries should consider implementing JIT Procurement strategy. This will ensure that they purchase the optimal level of items when needed to avoid keeping unnecessary inventory which ties up money and at the same time ensure that there is no shortage so that the customers have to wait. Policy makers in the food and beverage manufacturing sector should consider developing policies to promote JIT Procurement strategy in this industry. Further research should be conducted focusing on the service sector to investigate the effect of JIT Procurement strategy on organization performance for comparison.

scholarly journals INFLUENCE OF CUSTOMER FOCUS ON COMPETITIVENESS OF FOOD AND BEVERAGE MANUFACTURING FIRMS IN KENYA

2021 ◽  
Vol 6 (1) ◽  
pp. 56-72
Author(s):  
Edward Maina Muiruri ◽  
Dr. Patrick Karanja Ngugi ◽  
Dr. Allan Kihara
Keyword(s):  
Empirical Studies ◽  
Target Population ◽  
Global Market ◽  
Manufacturing Firms ◽  
Customer Engagement ◽  
Primary Data ◽  
Customer Focus ◽  
Unique Contribution ◽  
Foreign Companies ◽  
Food And Beverage

Purpose: Manufacturing firms are critical to the economic growth and development through provision of products and employment. Their competitiveness is therefore critical. The firms have been facing steep competition from foreign companies due to increased globalization. Strategic drivers have been found to be key enablers of firm competitiveness and performance. It is on this basis that the study sought to establish the influence customer focus on the competitiveness of food and beverage processing companies in Kenya. Methodology: The study was informed by commitment trust theory. Empirical studies were reviewed to provide the basis for research gaps to be filled by the current study. Descriptive research design was employed while the target population was the 187 food and beverage processing firms in Kenya. A census was used where all the 187 companies were contacted. Structured questionnaire was used to obtain the primary data which was analyzed through mixed method analysis. Descriptive statistics were used to analyze quantitative data while qualitative data was analyzed through content analysis. Inferential statistics were used to analyze the relationship between variables through the regression model. The findings were presented in form of tables, pie-charts and bar-graphs. Findings: It was established that customer focus was upheld in most of the surveyed food and beverage processing companies where after sale services, customer engagement and customer contacting were the main platforms applied. It was concluded that while most of the food and beverage processing firms recognized key strategic drivers (customer focus) as a major aspects of competitiveness, most of the firms did not practically embrace the drivers which could explain their continued lack of competitiveness. Unique contribution to theory, practice and policy: The study recommended that for the food and beverage processing companies to take their place in the local and global market, the management should embrace and keenly focus on customer focus.

scholarly journals Influence of Health and Safety Training, Safety Monitoring and Enforcement of Compliance on Employee Efficiency in Manufacturing Firms

2021 ◽  
Vol 12 (2) ◽  
pp. 86
Author(s):  
Morgan Morgan Obong ◽  
Christian Amadi ◽  
Okon Emmanuel Ekpenyong ◽  
Emu Winifred Harry ◽  
Hope Ukam Edodi
Keyword(s):  
Health And Safety ◽  
Safety Monitoring ◽  
Safety Training ◽  
Manufacturing Firms ◽  
Primary Data ◽  
P Value ◽  
Significant Positive Effect ◽  
Safety And Health ◽  
Monitoring And Enforcement ◽  
Positive Effect

The purpose of the study is to investigate the influence of health and safety training, safety monitoring, and enforcement of compliance on employee efficiency in manufacturing firms. The research employed the quantitative approach involving a descriptive survey. A sample size of 360 respondents was randomly selected for the study. A questionnaire instrument was used in gathering primary data for the study. Confirmatory Factor Analysis (CFA) was used in providing a comprehensive validation of the measurement instrument. The required inferential statistics including normality, multicollinearity, and heteroscedasticity tests were performed and were satisfactory. Structural Equation Model (SEM) was used to estimate structural relationships between health and safety training, safety monitoring and enforcement of compliance on employee efficiency. The research results showed that health and safety training has a significant positive effect on employee efficiency with a p-value of 0.000; safety monitoring has a significant positive effect on employee efficiency with a p-value of 0.000 and enforcement of compliance has a significant positive effect on employee efficiency with a p-value of 0.000. The research brings to the fore and creates awareness on the influence of health and safety training, safety monitoring, and enforcement of compliance to safety and health standard towards enhancing workers' safety, health and welfare for improved employee efficiency. Manufacturing firms should ensure adequate health and safety training and proper safety monitoring and enforcement of compliance to safety and health standard to reduce accidents and improve employee efficiency and performance.

scholarly journals Proactiveness and Organizational Resilience of Food and Beverage Manufacturing Firms in South-South Nigeria

2021 ◽  
Keyword(s):  
Empirical Work ◽  
Business Environment ◽  
Manufacturing Firms ◽  
Primary Data ◽  
Organizational Resilience ◽  
Business Organizations ◽  
Cross Sectional Survey ◽  
Holistic View ◽  
Incremental Change ◽  
Food And Beverage

The ever-changing business environment has made it imperative for business organizations to reach beyond risk management and move towards a more holistic view of business health and success. These business organizations must anticipate, prepare for, respond and adapt to incremental change and sudden disruptions in order to survive and prosper. This preparation is the main ingredient to the organization’s resilience. This study is an empirical work on the relationship between proactiveness and resilience of food and beverage manufacturing firms in south-south Nigeria. A cross-sectional survey design was adopted, while primary data was collected via the administration of a structured questionnaire. 321 copies of the questionnaire were distributed to the respondents and 297 copies were retrieved showing 93% retrieval rate. Data analysis was carried out with the aid of Statistical Package for Social Sciences (SPSS). The result of the analysis affirmed the alternate hypotheses which stated that proactiveness positively correlates with the measures of organizational resilience. Thus, concluded that proactiveness promotes resilience of the food and beverage manufacturing firms in south-south Nigeria. The study also recommended that organizational work arrangements can be structured to allow for less stringency in supervision so that workers can express themselves in proactive ways; management should be more attuned towards the potentials and creative capabilities of the subordinates and organizational systems can be patterned to link actions with implications for workers in such a manner that workers are motivated to be cautious but yet willing and open to risk taking such that could benefit and advance their position within the organization and also contribute to an overall advantage for the organization. Keywords: Adaptability, Management of Vulnerabilities, Pro-activeness, Organization, Nigeria

scholarly journals Effect of Organization Culture on organization performance on Public Universities in Kenya

2018 ◽  
Vol 14 (19) ◽  
pp. 15
Author(s):  
Gulali Donald Indiya ◽  
Johnmark Obura ◽  
J.K Mise
Keyword(s):  
Organizational Culture ◽  
Organizational Performance ◽  
Public Universities ◽  
Organization Culture ◽  
Primary Data ◽  
Organization Performance ◽  
Unique Contribution ◽  
Individual Values ◽  
Holding Companies ◽  
Theory Of Organization

Organizational culture is the adhesive holding companies together in a country and is characterized by stability processes, collectivity and predictability, and is a source of recreation, of new opportunities as well as of conflicts and of dynamics. Recent studies on organization culture have anchored organization culture on individualism, uncertainty avoidance power distance, masculinity and long term orientation, employee longevity, adhocracy culture and clan culture. This contradictions reveal that it remains unknown of organization culture based on individual values, assumptions, values and artifacts influence organization performance. This study seeked to establish the effects of organization culture on organization performance in public universities in Kenya. Guided by Contingency Theory of organization structure, a correlation research design and a population of 215 management personal were used from 11 public universities in Kenya certified by Kenya Bureau of Standards. The study adopted a census survey with response at 94.4 %. Primary data was collected using questionnaires. Using Pearson Product Moment Correlation the study indicates that there was a strong positive significant correlation between organizational culture and organizational performance (r=.804, p<.05). Regression analyses revealed that organizational values had the strongest unique contribution to the organizational performance (β=.394, p=.000), followed by organizational artifacts (β=.347, p=.000) and finally individual believes (β=.155, p=.001). The overall form of organizational culture had a unique significant contribution on organizational performance (β=.804, p=.000), and accounted for 64.6% variance in organizational performance. The study recommends that universities should work on ensuring that there are positive believes that can enhance organizational performance through improving and maintaining quality management systems basing on the existing culture.

scholarly journals INFLUENCE OF FINANCIAL CAPABILITIES ON COMPETITIVENESS OF FOOD AND BEVERAGE MANUFACTURING FIRMS IN KENYA

2021 ◽  
Vol 6 (2) ◽  
pp. 25-41
Author(s):  
Edward Maina Muiruri ◽  
Dr. Patrick Karanja Ngugi ◽  
Dr. Allan Kihara
Keyword(s):  
Empirical Studies ◽  
Cash Holdings ◽  
Target Population ◽  
Primary Data ◽  
Unique Contribution ◽  
Foreign Companies ◽  
Descriptive Research ◽  
Bank Deposits ◽  
Food And Beverage ◽  
The Relationship

Purpose: The firms have been facing steep competition from foreign companies due to increased globalization. The aim of the study was to find out the influence of financial capabilities on competitiveness of food and beverage processing companies in Kenya. Methodology: The study was informed by resource based theory. Empirical studies were reviewed to provide the basis for research gaps to be filled by the current study. Descriptive research design was employed while the target population was the 187 food and beverage processing firms in Kenya. A census was used where all the 187 companies were contacted. Structured questionnaire was used to obtain the primary data which was analyzed through mixed method analysis. Descriptive statistics were used to analyze quantitative data while qualitative data was analyzed through content analysis. Inferential statistics were used to analyze the relationship between variables through the regression model. The findings were presented in form of tables, pie-charts and bar-graphs. Results: The companies however mainly relied on bank deposits as the source of funding for their operations. Financial capabilities significantly and positively influence the competitiveness of the food and beverage processing firms. The bank deposits, cash holdings and stock holdings create the financial muscle of the firms by ensuring that they are able to obtain adequate and high quality production inputs thus contributing to the companies’ success. The correlation analysis revealed that there was a positive and significant association between Financial capabilities and firm competitiveness (r = 0.698, p = 0.000). Regression of coefficients results revealed that Financial capabilities and firm competitiveness are positively and significantly related (β =0.638, p=0.000). Unique contribution to theory, practice and policy: The firms ought to seek adequate financial capabilities as a way of effectively financing their operations to gain competitiveness. The companies should embrace accountability and proper investments that increase their bank deposits, cash holdings and stock holdings through which they can sustain their operations towards competitiveness. The companies should embrace accountability and proper investments that increase their bank deposits, cash holdings and stock holdings through which they can sustain their operations towards competitiveness.

THE INFLUENCE OF INTENAL AUDIT ON FINANCIAL MANAGEMENT IN MARSABIT COUNTY GOVERNMENT- KENYA

2021 ◽  
Vol 6 (2) ◽  
pp. 62-70
Author(s):  
Abudo Yohana Dambala ◽  
Dr. Nancy Rintari ◽  
Fredrick Mutea
Keyword(s):  
Financial Management ◽  
Audit Committee ◽  
Internal Audit ◽  
Primary Data ◽  
County Government ◽  
Unique Contribution ◽  
Wealth Creation ◽  
Policy And Practice ◽  
Public Funds ◽  
Positive Effect

Purpose: The purpose of this study was to determine the effect of internal audit on the financial management in the County Government of Marsabit. Methodology: The study adopted descriptive survey was adopted for this study. The targeted study population was 63 staff members who are Job group K and above from the department of Finance in the directorate of Accounts, Revenue, Procurement and Internal Audit. The study employed simple structured questionnaires to gather primary data which was analyzed using SPSS. Results: The study revealed that internal audit function had a significant influence on financial management at the county government of Marsabit (r=0.691, p=0.00) Unique contribution to theory, policy and practice: Good financial management is very essential in protecting the public funds. This study encourages good practices of accountability, transparency and wealth creation with public funds. The study is beneficial to not only Marsabit County but other counties in Kenya. The study concludes that the Marsabit County has a functional internal audit committee and internal auditors perform their duties with great autonomy and independence. The study further concludes that internal audit has strong positive effect on the financial management in Marsabit County. The study recommends internal audit to be well staffed and resourced so that it is able to carry out regular audits of the county government. This will improve financial management of the County Government since it has been established that internal audit has strong positive effect on the financial management. Additional research can be conducted in the National government on factors influencing financial management and drawing comparisons.

scholarly journals INFLUENCE OF BANK STABILITY ON THE FINANCIAL PERFORMANCE OF COMMERCIAL BANKS IN SOUTH SUDAN

2019 ◽  
Vol 4 (1) ◽  
pp. 20
Author(s):  
Bak Barnaba Chol ◽  
Dr. Elizabeth Kalunda Nthambi ◽  
Dr. Joseph Kamau
Keyword(s):  
Financial Performance ◽  
Commercial Banks ◽  
South Sudan ◽  
Secondary Data ◽  
Primary Data ◽  
Local Market ◽  
Unique Contribution ◽  
Bank Stability ◽  
Asset Quality ◽  
Positive Effect

Purpose: The purpose of the study was to examine the influence of bank stability on the financial performance of commercial banks in South SudanMethodology: The study was guided by the CAMEL model metrics in measuring stability and its influence on the financial performance of commercial banks measured by ROA and ROE. The study was primarily grounded on the CAMEL model. The study further adopted the positivism philosophy which guided the research. The research employed a descriptive research design. The population for the study was 24 commercial banks in south Sudan from which the research targeted one senior manager. The research relied on a mixed methodology which encompassed both quantitative and qualitative data. Secondary data was collected for the period 2012-2017 from audited annual financial reports of individual banks and from the Central Bank of South Sudan reports while primary data was collected by use of a semi-structured questionnaire. The collected data into SPSS 23 for subsequent descriptive and inferential statistical analysis.Results: The correlation tests indicated a strong positive effect of asset quality on the financial performance of commercial banks ( r=0 .784); a strong positive effect of management efficiency (r= 0.758) and liquidity (r=0 .620).Unique contribution to theory, practice and policy: The study recommends that at the bare minimum the management of commercial banks should benchmark with industry experts on how to enhance their services and product offering to better their asset quality scores. Further the study recommends that banking institutions that have shied away from lending activities should reconsider the potential benefits that may accrue from undertaking lending activities. The study therefore recommends that banks should be encouraged to look beyond local market and strategically expand their operations to other geographical markets and sectors of the economy. Location of bank branches is strategically paramount if banks must maximize return on investment.

scholarly journals RISK-TAKING AND RESILIENCE OF FOOD AND BEVERAGE MANUFACTURING FIRMS IN SOUTH-SOUTH NIGERIA

2021 ◽  
pp. 54-66
Author(s):  
SAMUEL BABA ◽  
◽  
STANFAST BARNABAS ◽  
Keyword(s):  
Risk Taking ◽  
Survey Design ◽  
Empirical Work ◽  
Manufacturing Firms ◽  
Primary Data ◽  
Cross Sectional Survey ◽  
Cross Sectional ◽  
Top Executives ◽  
Retrieval Rate ◽  
Food And Beverage

This study is an empirical work on the relationship between risk-taking and resilience of food and beverage manufacturing firms in south-south Nigeria. A cross-sectional survey design was adopted, while primary data was collected via the administration of a structured questionnaire. 321 copies of the questionnaire were distributed to the respondents and 297 copies were retrieved showing 93% retrieval rate. Data analysis was carried out with the aid of Statistical Package for Social Sciences (SPSS). The result of the analysis affirmed the alternate hypotheses which stated that risk-taking positively correlates with the measures of organizational resilience. Thus, concluded that risk-taking promotes resilience of the food and beverage manufacturing firms in south-south Nigeria. The study also recommended that top executives of organizations should not be risk averse but willing and open to risk taking such that could benefit and advance their position within the organization and also contribute to an overall advantage for the organization.

scholarly journals ELECTRONIC BANKING ADOPTION AND FINANCIAL PERFORMANCE OF COMMERCIAL BANKS IN KENYA, NAIROBI CITY COUNTY

2019 ◽  
Vol 4 (2) ◽  
pp. 19
Author(s):  
Priscah Jepchumba ◽  
Dr.Eddie Simiyu
Keyword(s):  
Financial Performance ◽  
Commercial Banks ◽  
Secondary Data ◽  
Target Population ◽  
Primary Data ◽  
Unique Contribution ◽  
Electronic Banking ◽  
Descriptive Research ◽  
General Managers ◽  
Positive Effect

ELECTRONIC BANKING ADOPTION AND FINANCIAL PERFORMANCE OF COMMERCIAL BANKS IN KENYA, NAIROBI CITY COUNTY   1*Priscah Jepchumba 1Post Graduate Student: Kenyatta University *Corresponding Author’s Email: [email protected] 2 Dr.Eddie Simiyu Lecturer: Kenyatta University   Abstract Purpose: This research was done to establish how e- banking adoption has improved the financial performance of commercial banks in Kenya. Methods: The study used descriptive research design and structured questionnaires to collect data.The target population was all the 41 commercial banks in Nairobi. The sampling design was census where general managers and credit managers were targeted in Nairobi headquarters. The source of data was primary and secondary data; Primary data was collected from source through questionnaires while secondary data was sourced from annual central bank reports, bank financial statements as well as periodical journals and reports. Results: The findings of the study has indicated that most of the respondents had served the banking industry for a period of at least five years and education level of at least a college diploma.  The study also rejected all the null hypotheses and concluded that electronic banking has positive effect on financial performance of commercial banks.  The study has contributed to knowledge through provision of scholarly literature on electronic banking and financial performance of commercial banks in Kenya. Unique Contribution to Theory, Practice and Policy: The study’s recommendation to management is to implement strategies which: increase Speed in Electronic Services, increase investments in Electronic banking,  promote training programs to employees and adopt suitable techniques to reduce  threats to e-banking.  The study’s recommendation is that a similar research should be conducted with a moderating or mediating variable in the same industry.

scholarly journals STRATEGIC MANAGEMENT PRACTICES AND ORGANIZATION PERFORMANCE OF DEPOSIT TAKING SACCOS IN KERICHO COUNTY

2019 ◽  
Vol 4 (1) ◽  
pp. 1
Author(s):  
Michael Kipkorir Langat ◽  
Dr. Lawrence Wainaina
Keyword(s):  
Strategic Management ◽  
Management Practices ◽  
Secondary Data ◽  
Sampling Technique ◽  
Primary Data ◽  
Employee Productivity ◽  
Organization Performance ◽  
Staff Members ◽  
Descriptive Research ◽  
Positive Effect

Purpose: The objective of this study was to assess the influence of strategic management practices and organization performance of deposit taking SACCOs  in Kericho county.Methodology: The study was based on a descriptive research with population of the study being sampled from DT-SACCOs in Kericho County. The study adopted a census sampling technique; thus, the sample size for the study was 80 personnel drawn from the 8 SACCOS operating in Kericho County. The study further utilized primary and secondary data. The research relied on questionnaires in collecting primary data. The study used SPSS 24 in the analysis. The data was analyzed using means, standard deviation, correlation matrix and regression models. This was presented using charts, figures and tables.Results: The findings of the research indicated that there is a positive effect of strategic management practices on the organization performance. The correlation results indicated that employee competency and organization structure had a strong effect on the performance of the SACCOs.Distinctive contribution to theory, practice and policy contribution: The study recommends that the organization should strive to enhance the professional development of the staff members as this will enhance the overall employee productivity. The research further recommends that the financial institutions should engage the personnel in 

Sign in / Sign up

Export Citation Format

Share Document