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| An Assessment Of Inventory Control Systems And Their Effectiveness In Bar Operations |
JJohn Adanse, Christina Akua Abi Atingah, Simon Wombosie George
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Abstract:
The study was design to investigate the inventory control systems in bar operations within the Bolgatanga Municipality using a mixed research approach. All the 24 registered bar operators were considered where a sample size of 133 respondents drawn from the population consisting various categories of staff in the food processing sector. The study employed the questionnaire as the main research instrument. However, a few interviews were granted to top management of the bar operations to get a detailed overview of the inventory systems. The hand-delivery method was used to administer the questionnaires so as to get all the respondents in the target population to participate in the survey. The statistical procedure used to further analyse the data after the descriptive was the principal factor analysis. It was concluded that bar operations, especially in the food processing industry largely use the physical counting technique as the major inventory control system where stock is taking on a daily and/or weekly basis. Based on the findings of the study, it was recommended that the bar operations within the Bolgatanga Municipality should consider installing a digital inventory system that could help balance the stock levels between physical counting and system stock.
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