Influence of Inventory Returns Management on Performance of Food and Beverage Manufacturing Firms in Kenya
Keywords:
refurbishment management; materials re-use management; waste management; re-manufacturing management
Abstract
The purpose of the study was to assess the influence of inventory returns management on performance of food and beverage manufacturing firms in Kenya. Descriptive research design was adopted because it allowed an in-depth study of the subject. The target population was heads of procurement in the food and beverage manufacturing firms in Kenya. A sample of 132 food and beverage manufacturing firms was arrived at out of a total of 197 food and beverage manufacturing firms. R square value of 0.6 means that 60% of the corresponding variation in food and beverage manufacturing firms in Kenya can be explained or predicted by (refurbishment management, materials re-use management, waste management and re-manufacturing management) which indicated that the model fitted the study data. The results of regression analysis revealed that there was a significant positive relationship between dependent variable and independent variable at (β = 0.6), p=0.000 <0.05). The findings of the study concluded that refurbishment management, materials re-use management, waste management and re-manufacturing management have a positive relationship with performance of food and beverage manufacturing firms in Kenya. The study recommended that food and beverage manufacturing firms should embrace inventory returns management aspects so as to improve performance and further researches should to be carried out in other firms to find out if the same results can be obtained.
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References
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Achieng, S.O. (2018). Information Integration on reverse supply chain management in the food processing firms in Kenya. Unpublished MBA Project, University of Nairobi
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Al-Mashari M., & Zairi, M. (2016). BPR implementation process: an analysis of key success and failure factors. Business Process Management Journal 5(1), 87– 112.
Alavi, M., & Carlson, P. (2019). A review of MIS research and disciplinary development: Journal of Management Information Systems, 8(4), 45–62.
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Awino, O. (2018). An empirical investigation of supply chain management on firms’ performance. International Journal of Business Administration and Management, 3(1), 2-6.
Badenhorst, A., (2019). A framework for prioritizing practices to overcome cost-related problems in inventory returns management, Journal of Transport and Supply Chain Management 7(1), 102-140
Buysse, K., & Verbeke, A. (2019). Proactive environmental strategies: a stakeholder management perspective. Strategic Management Journal, 24(5), 453-470.
CCG (2020). National Development Fund Report Instructional Structures and Reforms. Nairobi: Centre for Corporate Governance. Retrieved April 2017
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Donaldson, T., & Preston, L.E. (2020). ‘The Stakeholder Theory of the Corporation: Concepts, Evidence, and Implications.’ Academy of Management Review, 20(1), 65–91.
Dunn, S. D. (2017). Statistics and Data analysis for the Behavioural Science: Mc Graw Hill
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Elmas, G. & Erdogmus, F., (2018). The importance of inventory returns management. International journal of business and management studies, 3(1), 1309-8047.
Ferdows, K (2020). Global Manufacturing Practices – A World-wide Survey of Practice in Production Planning and Control, Elsevier, Amsterdam.
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Frooman, J. (2016). ‘Stakeholder Influence Strategies.’ Academy of Management Review, 24(2), 191–205.
Goldsby, T.J., & Garcia-Dastugue, S.J. (2018). The manufacturing flow management process. International Journal of Logistics Management, 14(2), 33-52.
Gordon, M. (2019). Negotiating and Managing Key Supplier Relationships. New Age International Ltd, New Delhi, India.
Greeno, J., & Robinson, S. (2019). Rethinking corporate environmental management. The Columbia Journal of World Business, 3(1), 222-232.
Haakansson, H. & Ford, D. (2019). “How companies interact in business networks?”, Journal of Business Research, 5(2), 133-139.
Harpe, M. (2019). Sustainable Supply Chain Management Practices and Operational Performance. American Journal of Industrial and Business Management, 5(3), 42-48.
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Jayant, A., Gupta, P., & Garg, K. (2019). Perspectives in reverse supply chain management(R-SCM): A state of the art literature review, Jordan Journal of Mechanical and Industrial Engineering 6(1), 87–102.
KIPPRA (2017). A comprehensive study and analysis of Inventory returns management among Kenyan Companies in Kenya. Online Publication, Africa: Nairobi
KNBS (2020). National Service Delivery Survey Report. Nairobi: Kenya National Bureau of Statistics.
Kothari, C.R. (2019). Research Methodology; Methods & Techniques (2nd ed.). New Delhi; New Age International Press Limited.
Krajewski, L. & Ritzman, L. (2016). Operations management strategy and analysis, Addison Wesley, Reading, MA
Kurien, P. & Qureshi, N., (2018). Study of performance measurement practices in supply chain management. International Journal of Business, Management and Social Sciences, 2(4), 19-34.
Lambert, D. (2018). Supply chain management: processes, partnerships, performance (3rd Ed.), the Hartley Press Inc., USA
Lembke, T. (2019). Life after death: Inventory returns management and product life cycle International Journal of Physical Distribution and Logistics Management, 32 (3) 223-224.
Lyson, K. (2020). Purchasing and Chartered Institute of Purchasing and Supply, London: Pitman Publishing.
Maghanga, F. (2018). Logistics materials re-use management practices among tea processing firms in Kericho County, Kenya, Unpublished MBA Project, department of management science, University of Nairobi, Nairobi
Mellewigt, T. & Nothnagel, K. (2018). Empirical research within resource-based theory: A Meta-Analysis of the Central Propositions.
Michalski, G. (2016). Reverse Inventory management optimization as part of operational risk management. Economic Computation and Economic Cybernetics Studies and Research, 5 (7), 213-222.
Moturi, A. (2019). Electronic Waste Management in Nakuru Municipality, Kenya: An Environmental Health Risk. International Journal of Innovative Research and Studies, 2 (10), 19-35
Mugenda & Mugenda (2020). Research Methods: 1st Edition, Published by ACTS, Nairobi, Kenya.
Mwangi, A. G. (2019). Reverse Inventory management and supply chain performance of non-governmental organizations in the agricultural sector, Kenya (doctoral dissertation, School of Business, University of Nairobi).
Neuman, W.L. (2017). Social Research Methods: Qualitative and Quantitative Approaches (Fourth Edition ed.). Boston.
Ngechu, M. (2016). Understanding the Research Process and Methods. An Introduction to Research Methods. Acts press, Nairobi
Nyangweso, W. (2019). Reverse Supply chain management and organizational performance in the sugar industry in Kenya (Doctoral dissertation, University of Nairobi).
OECD (2016). “Actualizing Organizational Memory with Reverse Information Systems”, Information Systems Research, Pearson Education Limited, Essex
Pollock, W.K., (2017). Driving return process directly to the bottom line, Inventory returns management Magazine, 21th ed., 5(3), 8–12, viewed 29 June 2017,
Preuss, L. (2020). Rhetoric and reality of corporate greening: a view from the supply chain management function, Royal Holloway College University of London.
Raduan, C.R., Jegak, U., & Haslinda, A. (2016). Management, Strategic Management Theories and the Linkage with Organizational Competitive Advantage from the Resource-Based View. European Journal of Social Sciences, 11 (3), 402- 418
Reinhardt, F. (2016). Market failure and the environmental policies of firms: Economic rationales for “beyond compliance” behavior. Journal of Industrial Ecology, 3 (1), 9-21.
Rogers, S. (2017). Creating Value through Product Stewardship and Take-Back, Sustainability Accounting, Management and Policy Journal, 1 (2), 133-160.
Sekaran, U. (2016). Research methods for business 4th edition. Hoboken, NJ: John Wiley & Sons.
Seman, A., Zakua, N., & Shoki, M. (2016). Green Supply Chain Management: A Review and Research Direction. International Journal of Managing Value and Supply Chains (IJMVSC) 3(1) 35–52.
Shirima, D. L. (2016). Value for Money Through Reduced Procurement Transaction Costs and Improved Efficiency. Tanzania Procurement Journal, 44-52. Tanzania Procurement Journal, 4 -5.
Udin, Z. (2019). Impact of Inventory returns management Product Disposition towards Business Performance in Malaysian Companies. Journal of Supply Chain and Customer Relationship Management. IBIMA Publishing.
Wang, P., Zhou, G. & Ren, J., (2017). Research on structure of inventory returns management network, International Conference of Logistics Engineering and Management Proceedings, 1(5), 336–362, Chengdu, China
World Bank (2017). “Inventory returns management, World Wide Pressure for Adoption and the Impact on Governments Performance Report”, Switzerland.
Achieng, S.O. (2018). Information Integration on reverse supply chain management in the food processing firms in Kenya. Unpublished MBA Project, University of Nairobi
Ahire, L., & Dreyfus, P. (2017). The impact of design management and process management on quality: an empirical examination. Journal of Operations Management 8(1), 549–575.
Aino, V., (2017). E-waste: impacts, challenges and the role of government, service providers and the consumer’s workshop. Communication Commission of Kenya. Nairobi, Kenya.
Al-Mashari M., & Zairi, M. (2016). BPR implementation process: an analysis of key success and failure factors. Business Process Management Journal 5(1), 87– 112.
Alavi, M., & Carlson, P. (2019). A review of MIS research and disciplinary development: Journal of Management Information Systems, 8(4), 45–62.
Analytica, R. (2019). "Corporate best crafted practices during performance declines in Japan", Journal of Operational Economics, 4(1),29-66
Andrew, M. (2019). Procurement Reforms in Kenya. Journal of Economics, 22(1), 23-50.
Awino, O. (2018). An empirical investigation of supply chain management on firms’ performance. International Journal of Business Administration and Management, 3(1), 2-6.
Badenhorst, A., (2019). A framework for prioritizing practices to overcome cost-related problems in inventory returns management, Journal of Transport and Supply Chain Management 7(1), 102-140
Buysse, K., & Verbeke, A. (2019). Proactive environmental strategies: a stakeholder management perspective. Strategic Management Journal, 24(5), 453-470.
CCG (2020). National Development Fund Report Instructional Structures and Reforms. Nairobi: Centre for Corporate Governance. Retrieved April 2017
Cullen, J., Bernon, M. & Grost, J., (2017). Tools to manage reverse logistic, Research executive summaries series 6(3), 18-30
Dietrich, M. & Krafft, J. (2019). Handbook on the Economics and Theory of the Firm. Cheltenham (UK). Edward Elgar Publishing.
Donaldson, T., & Preston, L.E. (2020). ‘The Stakeholder Theory of the Corporation: Concepts, Evidence, and Implications.’ Academy of Management Review, 20(1), 65–91.
Dunn, S. D. (2017). Statistics and Data analysis for the Behavioural Science: Mc Graw Hill
Eisenhardt, M., & Martin, J.A. (2017). Dynamic capabilities: what are they? Strategic Management Journal, 21(10), 1105-1121.
Ellram, L.M., & Ogden, J.A. (2020). Supply chain management: From vision to implementation. Pearson education Canada Ltd and Tsinghua University Press, Toronto, Canada
Elmas, G. & Erdogmus, F., (2018). The importance of inventory returns management. International journal of business and management studies, 3(1), 1309-8047.
Ferdows, K (2020). Global Manufacturing Practices – A World-wide Survey of Practice in Production Planning and Control, Elsevier, Amsterdam.
Freeman, R. E., & Phillips, R. A. (2019). Stakeholder theory: A libertarian defense. Business Ethics Quarterly, 24(5), 331-349.
Frooman, J. (2016). ‘Stakeholder Influence Strategies.’ Academy of Management Review, 24(2), 191–205.
Goldsby, T.J., & Garcia-Dastugue, S.J. (2018). The manufacturing flow management process. International Journal of Logistics Management, 14(2), 33-52.
Gordon, M. (2019). Negotiating and Managing Key Supplier Relationships. New Age International Ltd, New Delhi, India.
Greeno, J., & Robinson, S. (2019). Rethinking corporate environmental management. The Columbia Journal of World Business, 3(1), 222-232.
Haakansson, H. & Ford, D. (2019). “How companies interact in business networks?”, Journal of Business Research, 5(2), 133-139.
Harpe, M. (2019). Sustainable Supply Chain Management Practices and Operational Performance. American Journal of Industrial and Business Management, 5(3), 42-48.
Henriques, I., & Sadorsky, P. (2016). The relationship between environmental commitment and managerial perceptions of stakeholder importance. Academy of Management Journal, 42(1), 87-99.
Huscroft, K., (2017). The Inventory returns management Process in the Supply Chain and Managing Its Implementation. Auburn University. Auburn, Alabama.
Jayant, A., Gupta, P., & Garg, K. (2019). Perspectives in reverse supply chain management(R-SCM): A state of the art literature review, Jordan Journal of Mechanical and Industrial Engineering 6(1), 87–102.
KIPPRA (2017). A comprehensive study and analysis of Inventory returns management among Kenyan Companies in Kenya. Online Publication, Africa: Nairobi
KNBS (2020). National Service Delivery Survey Report. Nairobi: Kenya National Bureau of Statistics.
Kothari, C.R. (2019). Research Methodology; Methods & Techniques (2nd ed.). New Delhi; New Age International Press Limited.
Krajewski, L. & Ritzman, L. (2016). Operations management strategy and analysis, Addison Wesley, Reading, MA
Kurien, P. & Qureshi, N., (2018). Study of performance measurement practices in supply chain management. International Journal of Business, Management and Social Sciences, 2(4), 19-34.
Lambert, D. (2018). Supply chain management: processes, partnerships, performance (3rd Ed.), the Hartley Press Inc., USA
Lembke, T. (2019). Life after death: Inventory returns management and product life cycle International Journal of Physical Distribution and Logistics Management, 32 (3) 223-224.
Lyson, K. (2020). Purchasing and Chartered Institute of Purchasing and Supply, London: Pitman Publishing.
Maghanga, F. (2018). Logistics materials re-use management practices among tea processing firms in Kericho County, Kenya, Unpublished MBA Project, department of management science, University of Nairobi, Nairobi
Mellewigt, T. & Nothnagel, K. (2018). Empirical research within resource-based theory: A Meta-Analysis of the Central Propositions.
Michalski, G. (2016). Reverse Inventory management optimization as part of operational risk management. Economic Computation and Economic Cybernetics Studies and Research, 5 (7), 213-222.
Moturi, A. (2019). Electronic Waste Management in Nakuru Municipality, Kenya: An Environmental Health Risk. International Journal of Innovative Research and Studies, 2 (10), 19-35
Mugenda & Mugenda (2020). Research Methods: 1st Edition, Published by ACTS, Nairobi, Kenya.
Mwangi, A. G. (2019). Reverse Inventory management and supply chain performance of non-governmental organizations in the agricultural sector, Kenya (doctoral dissertation, School of Business, University of Nairobi).
Neuman, W.L. (2017). Social Research Methods: Qualitative and Quantitative Approaches (Fourth Edition ed.). Boston.
Ngechu, M. (2016). Understanding the Research Process and Methods. An Introduction to Research Methods. Acts press, Nairobi
Nyangweso, W. (2019). Reverse Supply chain management and organizational performance in the sugar industry in Kenya (Doctoral dissertation, University of Nairobi).
OECD (2016). “Actualizing Organizational Memory with Reverse Information Systems”, Information Systems Research, Pearson Education Limited, Essex
Pollock, W.K., (2017). Driving return process directly to the bottom line, Inventory returns management Magazine, 21th ed., 5(3), 8–12, viewed 29 June 2017,
Preuss, L. (2020). Rhetoric and reality of corporate greening: a view from the supply chain management function, Royal Holloway College University of London.
Raduan, C.R., Jegak, U., & Haslinda, A. (2016). Management, Strategic Management Theories and the Linkage with Organizational Competitive Advantage from the Resource-Based View. European Journal of Social Sciences, 11 (3), 402- 418
Reinhardt, F. (2016). Market failure and the environmental policies of firms: Economic rationales for “beyond compliance” behavior. Journal of Industrial Ecology, 3 (1), 9-21.
Rogers, S. (2017). Creating Value through Product Stewardship and Take-Back, Sustainability Accounting, Management and Policy Journal, 1 (2), 133-160.
Sekaran, U. (2016). Research methods for business 4th edition. Hoboken, NJ: John Wiley & Sons.
Seman, A., Zakua, N., & Shoki, M. (2016). Green Supply Chain Management: A Review and Research Direction. International Journal of Managing Value and Supply Chains (IJMVSC) 3(1) 35–52.
Shirima, D. L. (2016). Value for Money Through Reduced Procurement Transaction Costs and Improved Efficiency. Tanzania Procurement Journal, 44-52. Tanzania Procurement Journal, 4 -5.
Udin, Z. (2019). Impact of Inventory returns management Product Disposition towards Business Performance in Malaysian Companies. Journal of Supply Chain and Customer Relationship Management. IBIMA Publishing.
Wang, P., Zhou, G. & Ren, J., (2017). Research on structure of inventory returns management network, International Conference of Logistics Engineering and Management Proceedings, 1(5), 336–362, Chengdu, China
World Bank (2017). “Inventory returns management, World Wide Pressure for Adoption and the Impact on Governments Performance Report”, Switzerland.
Published
2023-02-08
How to Cite
Stephen Mutiso, & Catherine Gatari. (2023). Influence of Inventory Returns Management on Performance of Food and Beverage Manufacturing Firms in Kenya. Britain International of Humanities and Social Sciences (BIoHS) Journal, 5(1), 12-22. https://doi.org/10.33258/biohs.v5i1.840
Section
Articles
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