Global Journal of Management and Business Research, E: Marketing, Volume 22 Issue 3

inventory tracking software’s have an impact on inventory management and if coding has an impact on inventory Management and equally if inventory procedures are respected. These four hypotheses resulting from the four objectives which were formulated. i. Documentation has a Significant Impact on Inventory Management From the statistics from SPSS table, we have a valid percent of 46.7% who strongly agreed showing a greater proportion of those who agree to the aspect of incomplete document disturb inventory management process. This therefore shows that documentation plays a vital role in inventory management. This implies that every organization has to pay special attention to documentation for accountability and for traceability. ii. Inventory Tracking Software’s have an impact on Inventory Management Analysis shows that Inventory tracking software have an impact on inventory management. In the case of Société BUNS, it is more of a negative impact the respondents strongly disagree with that aspect that the organizations software’s are properly used by all company store keepers as we can see that they have a valid percent of 33.3 of the total percent and total respondent who actually responded to the question. These responses go a long way to show that inventory tracking software have an impact on inventory management and its more of a negative impact in the case of Société BUNS since it’s not properly used. This implies that the company has to take all measures to make sure that the storekeepers and controllers use the inventory tracking software properly. iii. Coding has a Significant Impact on Inventory Management From the analysis above. It shows that respondent strongly agree to the fact that coding has a significant impact on inventory management as most of the respondents strongly disagree to the fact that coding and its procedures are respected by the employees in charge as the percentage is at 43%. b) Conclusions After investigations on this research study, we can conclude that the purpose of the study was to educate on the Impact of inconsistent tracking on inventory management and the necessity to accurately track inventory in order to carry out inventory management properly. It should be noted that most organisations do not pay much attention to assessing their levels of inventory tracking. According to the first hypothesis, it can be seen that documentation has a significant effect on inventory management as the statistics show that 46.7% of the respondents strongly agree. It impacts inventory management negatively at Société BUNS as incomplete documentation disrupts inventory recording and tracking. Also, it is very important for the organization to ensure that the tracking software be used properly and in case of any issue it should be arranged. It is also important for the organization to constantly check and make sure storekeepers and controllers use the software properly. In addition, it is also important that workers respect the coding procedures so it remains easy for the storekeepers to track inventory. Therefore, in a nut shell, it is but normal that Inconsistent tracking will have an impact on inventory management. c) Policy Implications Société BUNS SA should use both long term and short-term measures to implement new policies which will solve the inconsistency in Inventory tracking in order to ease inventory management and increase organizational performance. d) Recommendations After carrying out this research, the following recommendations were made to help the organization reshape her Inventory tracking methods and inventory management method. 1. The Company should use more of inventory software so that it can ease traceability of inventory. 2. Management should try to arrange the existing software used by the company in such a way that all the storekeepers at the various sites will be able to record Material flows in the system making it visible to all other storekeepers and controllers. 3. The company should sanction employees who do not submit the necessary documents needed to record inventory after 48hours. 4. Management should sensitize workers especially project directors on the importance of codes and the importance of respecting inventory procedures. 5. The Central storekeeper should give good estimates for the purchase of office equipment’s in order to avoid constantly running out of stock. R eferences R éférences R eferencias 1. Arrow, K.J., Karlin, S. and Scarf, H.E. (Eds.), 1958a. Studies in the Mathematical Theory of Inventory and Production, Stanford University Press, Stanford, CA. 2. Atkins, D.R., 1991. The inventory joint replenishment problem with a general class of joint costs. European Journal of Operational Research 51, 310- 312. 3. Baker, K.R., Magazine, M.J. and Nuttle, -H.L.W., 1986. The effect of commonality on safety stock in a simple inventory model. Management Science 32(8), 982-988. 4. Bar-Lev, S., Parlar, M. and Perry, D., 1994. On the EOQ model with inventory level-dependent demand 15 Global Journal of Management and Business Research Volume XXII Issue III Version I Year 2022 ( ) E © 2022 Global Journals The Impact of Inconsistent Tracking on Inventory Management Case Study Societe Buns - Cameroon