The Assessment of Factors Affecting Pharmaceutical Inventory Management practice: The Case of Pharmaceuticals Fund and Supply Agency (PFSA) in Ethiopia
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Date
2017-06
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Addis Ababa University
Abstract
The objective of this study was to assess factors affecting inventory management practice at the Pharmaceutical Fund and Supply Agency in Ethiopia. The study design is explanatory and both quantitative and qualitative methods were used to assess the inventory management practice. As the target population was small in number, census sampling technique was deployed. A pretested self-administered questionnaire was used for data collection. An in-depth interview was used to collect qualitative data. Binary logistic regression was used to show the relationship between the dependent and independent variables.
This study revealed that more than half of respondents (52.5%) showed their disagreement that PFSA Managements have facilitated successful deployment of inventory management. More than two third of respondents (67.2%) were in agreement with the fact that staffs knowledge and skills affects the performance of the inventory management system. The Logistics regression has showed that management support and staff competency have strong association with inventory management practice at 1% level of significance. Furthermore, the study revealed inadequate staff competency, low level of management support and poor inventory management practice at PFSA. The study also showed that majority of respondents are in agreement with the importance of information technology for the improvement of inventory management performance. Based on this, PFSA management needs to support the inventory management practice through enhancing the capacity of staffs, strengthening the information management system and deployment of modern inventory management techniques. Finally, further research is recommended to explore more factors that affects the inventory management practice at PFSA.
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Keywords
Inventory management, Efficiency, Staff competency