AN ASSESSMENT OF JUST IN TIME PROCUREMENT SYSTEM ON ORGANIZATION PERFORMANCE: A CASE STUDY OF CORN PRODUCTS KENYA LIMITED
Journal Title: European Journal of Business and Social Sciences - Year 2015, Vol 4, Issue 5
Abstract
Just in time can be defined as making what the customer needs, when it is needed and in the quantity needed using the minimum resource of people, material and machinery. Purchasing and maintaining a reliable purchasing system to any organization is very important to the performance of that organization. However, lack of proper procuring systems will lead to low performance hence making the organization to be inefficient in serving its customers and also it gives bad image to its customers. The main aim of this study was to examine the nature of just-in- time procurement system on organization performance. A descriptive survey design was adopted for the purpose of this study. The researcher used stratified random sampling procedure to select a sample that represents the entire population. A sample size of 50 respondents was achieved. The study found that JIT system had positive effects on the organization since its implementation four years ago. Some of the advantages of JIT include; Improve returns on investments by reducing carrying cost, quality goods delivered at all the time and increased collaborative relationship that facilitated good suppliers-customer relation. The researcher recommended that management should strive to promulgate policies and procedures at all levels for easier adaptability and coordination.
Authors and Affiliations
Benmoffat Kimathi Kinyua| School of Business Management and Economics Dedan Kimathi University of Technology, Po Box 657-10100 Nyeri- Kenya eMail: kimathibenmofat@yahoo.com
Keywords
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- EP ID EP10626
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