This report, Material Control on Organizational Profitability" was can·ied. out with
Uganda Clays Limited with specific aims of examining; the need for material control
on improving profitability; the challenges experienced in material control on the
profitability of the company and suggesting solutions to the challenges experienced. To
comprehend the study a review of related literature was carried out on already existing
information on the specific aims of this paper to enrich and supplement the study
findings. The stndy relied on both qualitative and quantitative designs under which
questionnaire and interview guide were employed as research instruments. These were
administered to sample of 40 respondents.
The study established the need for material control on profitability to be; reducing
wastage of resources, securing materials at a low price, regulating stock levels,
reducing embezzlement and making stock updates. The challenges experienced in
material control on the profitability of the company were found out to be; changes in
market demand, difficulties in maintaining supply and connivance among employees to
The study concludes that well regulated materials improve the bargaining power of
company; this puts company in a better position to understand its structures thus able to
minimize losses. However, solutions to these challenges were suggested to be; reducing
redundancy of materials in store, avoiding unnecessary material handling, improved
motivation of the workers, and proper storage of materials. The study recommends;
need for strengthening the internal oversight of the company in managing materials;
strengthening cooperation among the inventory team; establishing a positive control
environment; establishing control activities with policies that ensure management
directives; monitoring and evaluating aspects of internal control; identifying, capturing
and communicating information on material control; adopting the Bin Card system and reviewing risk assessment policy.
MALEK, T (2021). Material Control On Organisational Profitabilty: A Case Study Of Uganda Clays Limited. Afribary. Retrieved from https://afribary.com/works/material-control-on-organisational-profitabilty-a-case-study-of-uganda-clays-limited
MALEK, TONG "Material Control On Organisational Profitabilty: A Case Study Of Uganda Clays Limited" Afribary. Afribary, 12 Jun. 2021, https://afribary.com/works/material-control-on-organisational-profitabilty-a-case-study-of-uganda-clays-limited. Accessed 24 Jul. 2021.
MALEK, TONG . "Material Control On Organisational Profitabilty: A Case Study Of Uganda Clays Limited". Afribary, Afribary, 12 Jun. 2021. Web. 24 Jul. 2021. < https://afribary.com/works/material-control-on-organisational-profitabilty-a-case-study-of-uganda-clays-limited >.
MALEK, TONG . "Material Control On Organisational Profitabilty: A Case Study Of Uganda Clays Limited" Afribary (2021). Accessed July 24, 2021. https://afribary.com/works/material-control-on-organisational-profitabilty-a-case-study-of-uganda-clays-limited