Stock Control Practices and Operational Performance of Kenyan Commercial State Corporations

Abstract

The purpose of this study was to determine the influence of stock control practices and operational performance on commercial state corporations in Kenya. Two research objectives of this study were; to establish the stock control used by the commercial state corporations in Kenya and to establish the relationship between stock control practices and operational performance in commercial state corporations in Kenya. The study adopted a descriptive survey research design. The target population comprised of 31 commercial state corporations in Kenya, all 31 commercial state corporations returned dully filled questionnaires producing a response rate of 100 percent. A census survey was done on all the commercial state corporations in Kenya. Primary data was collected using questionnaires. Data collected was analyzed by use of descriptive statistics using SPSS and presented through the percentages, frequencies, mean, standard deviations and regression analysis. The information was then presented by use of tables and bar charts. The finding gave a positive relationship between stock control practices and operational performance. It was found that if stock control practices is implemented properly, it produces a variety of benefits such as meeting the customers’ needs, reduced defect levels, increased profitability, improved cost efficiency, improved communication and better problem solving. The study found that practices of stock control practices are greatly affect operational performance of commercial state corporations in Kenya. Results using SPSS indicate that there is a positive relationship between stock control practices and operational performance on commercial state corporations in Kenya.