Inventory Management And Finan Cial Performance Of Retail Shops In Kimironko Trading Center Kigali Rwanda

Abstract In the earlier years, inventory management was treated as a cost Centre since purchasing department was spending money on materials, while store was holding huge inventory of materials, blocking money and space (Ramakrishna, 2005). However, with the process of liberation and opening up of global economy, there has been a drastic change in the business environment, resulting in manufacturing organizations exposed to intense competition in marketplace (Ramakri shna, 2005). In the UK, a survey showed that 4O0o of the UK’s gross domestic product ~~as spent on distribution and logistics re…