| dc.description.abstract | The study examined the effectiveness of inventory management among pharmaceutical businesses in Uganda in reference to Ecopharm Uganda limited. It was premised on three objectives which include; to identify the techniques of inventory management being used by Ecopharm to manage inventory, to evaluate the Challenges faced by Ecopharm in using inventory management techniques and to examine strategies to improve inventory management at Ecopharm Uganda. To achieve these objectives, the study employed a cross-sectional and descriptive research Design with a quantitative approach that entailed the collection of numerical data from 91 Ecopharm staff, selected from a sample of 132 staff among its branches in Kampala. Data was analysed using the statistical package for social science (SSPS Version 27). The study Ecopharm employs various inventory management techniques, with automated inventory systems rated highest at mean = 4.53 and SD = 0.689, reflecting strong confidence in their real-time monitoring capabilities. The Just-in-Time (JIT) technique received mixed feedback (mean = 3.67, SD = 1.221), while ABC analysis was positively viewed (mean = 3.85, SD = 1.021). The ERP system showed moderate agreement (mean = 3.37, SD = 1.404), indicating a need for further training, and regular audits were deemed essential (mean = 3.71, SD = 1.655). Key challenges include frequent stockouts (mean = 3.84, SD = 1.522), difficulties in demand forecasting (mean = 3.68, SD = 1.281), and poor integration with supply chain partners (mean = 3.56, SD = 1.352). To improve inventory management, respondents support strengthening supplier relationships (mean = 4.21, SD = 1.278), implementing advanced forecasting tools (mean = 3.96, SD = 1.192), and enhancing staff training (mean = 4.09, SD = 1.170), along with utilizing data analytics (mean = 4.00, SD = 1.085) and conducting regular audits (mean = 3.95, SD = 1.089). The study recommends that Ecopharm invest in automated inventory systems to ensure effective real-time stock monitoring and optimize inventory management practices. Given the mixed opinions on the Just-in-Time (JIT) technique, the organization should provide further training and support to maximize its benefits. Additionally, improving demand forecasting is crucial, and investing in advanced forecasting tools will enhance Ecopharm's ability to predict patient needs, leading to better stock management and increased customer satisfaction. Strengthening relationships with suppliers and improving integration with supply chain partners are also essential to mitigate stockouts and replenishment delays, ultimately enhancing overall operational efficiency. | en_US |
