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International Journal of Development and Sustainability ISSN: 2186-8662 Volume 5 Number 3 (2016): Pages 105-119 ISDS Article ID: IJDS14122701 Assessing the inventory management practices in a selected company in Ghana Alexander Fianko Otchere *, Emelia Darko Adzimah, Ireen Aikens Department of Procurement and Supply Chain management , Faculty of Business and management Studies, Kumasi Polytechnic, Post office box SE2533 Kumasi, Ghana Abstract It has been observed that there is lack of effective and efficient inventory management practices in some organisations in Ghana as a result most organisations are not successful.

1. Introduction Inventory management is a complex aspect of Supply Chain Management that is frequently discussed and debated due to the fact that it has a high impact on customer satisfaction as well as financial performance. Inventory management has become necessary in modern businesses in order to achieve excellent customer

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