Prempehfor instance, findings revealed a positive relationship which conflict with the findings of Fosu whose study revealed a negative relationship.
Empirical Literature Review Firm performances have received numerous attempt by scholars and researchers in the field of business but evidence-based literature on inventory management on firm performance in listed manufacturing firms in Ghana is rare.
African Journal of Business Management, 6 17Interpretation of Findings From the study, it is observed that a change in inventory period, management efficiency and firm size have a negative influence on the profitability Mwanzi, of manufacturing firms in Ghana.
Conclusions This research studied the impact of inventory management on firm performance of listed manufacturing firms in Ghana.
An indication that firm profitability is negatively influenced by inventory period, size of firm and inefficient management of inventory.
This was to enable the study to understand the phenomenon of the impact of inventory management on firm performance of listed manufacturing firms in Ghana at a particular time in other to give a fair representation of the sample.
Hence, the findings are observed to be conflicting to the second hypothesis and the study conclude that there is a negative insignificance relationship between inventory management and profitability of manufacturing firms in Ghana. Bailey P. Inventory control and performance of manufacturing firms in Nigeria.
This is because as ordering costs decline, holding costs rises and converge at a minimum point of ordering cost curve and carrying cost line thereby regulating inventory purchase and storage for even production flow Lwiki et al.
Supply chain management and performance.