Browsing by Author "Kalipi, Taleingenawa E"

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    An investigation into inventory management sytems' efficiency for production improvement at Navachab Gold Mine
    (University of Namibia, 2022) Kalipi, Taleingenawa E; Gilika, Mpho
    The study focused on the inventory management sy tems' effi ciency fo r production improvement at Navachab Go ld Mine. The study was guided by the fo llowing obj ective ยท to investigate factors that contribute to high non-moving inventory, factor contributing to understock and overstocking and factors contributing to high expiry and ob olete inventory at Navachab Gold Mine.The research used a sequential explanatory mixed methods approach using quantitative and qualitative research methodology. By u e of simple random sampling, 97 respondents from Ore Processing, Engineering, Human Resources Management and Procurement department were selected. The study u ed both closed and open ended questionnaire to collect data. The findings of the study revea led that Navachab Gold Mine orders its stock depending on the demand from end u er and their fo recasting of inventory levels. The fi ndings also showed that Navachab Go ld Mine makes use of the speculative purchasing policy when making order from upplier . Navachab Gold Mine has a strong data center fo r it tock such as receipts, invoice which help in keeping record of all the relevant price o a to carry out a stock va luation. Navachab Gold Mine al o does quarterly stocktaking and inventory tracking. Ba ing on the findings the inventory management ystem at Navachab Go ld Mine is ffective, however a few factor including end user ' demand and foreca ti ng on inventory I el , management styles, procurement staff competency, hinder inventory managem nt activities and hence production at Navachab Go ld Mine. It can therefore be concluded that inventory management systems' effi ciencies are interrelated to production performance of an organization. From the fi ndings, it was evident that proper inventory managem nt y tems could lead to efficiency and effectivene in both production and organizationa l ervice delivery by avoid ing over tocking and under t eking, havi ng the right tock at the right time and in the right quantity, Navachab old Mi ne can improve it in ent r management by fo llowing the recommendation gi en