| dc.description.abstract | This study focused on analyzing the profitability of Spedag Interfreight Uganda Limited with
the view of finding a practical solution basing on the three main objectives that included;
establishing the current state of profitability levels practices of Spedag Interfreight Uganda
Limited, examining the causes of continuous decline in profitability levels of Spedag Interfreight
Uganda Limited and designing the possible strategies for improving profitability of Spedag
Interfreight Uganda Limited. The study adopted a cross sectional research design whereby a
sample size of 59 respondents was selected from a population of 70 using a stratified and simple
random sampling approach. 52 responded indicating a response rate of 88%. A five-point Likert
scale structured questionnaire was used to collect data. The data was tested for reliability, analyzed
using SPSS v23 and results presented based on the study objectives. Findings show that Spedag
Interfreight Uganda Limited endeavors to manage its profitability levels by giving attention to
keeping records of cash management, providing time to manage the cash, drawing cash budgets,
knowing their revenues and expenses and liquid management. however, there are causes of decline
in the profitability levels such as high transaction rates, operating in a volatile business
environment, poor quality of the infrastructure services, high inflation rates, inappropriate
government policies like high taxes and high product market competition, as identified in the study
and there are strategies to address the challenges like proper warehousing and inventory
management, receiving feedback from customers and providing feedback to suppliers, improving
quality control during operations, using information systems, new products and service
development in a short time and offering services that are distinguishable from competitors.
Hence it was recommended that Spedag Interfreight Uganda Limited should improve record
keeping, cash management, and warehousing and inventory management through putting in place
information systems. The company should put in place avenues for soliciting and sharing feedback
with customers and giving it to suppliers and manufacturers. All managers and finance officers of
should undergo regular training in cash management practices to enhance their cash management
knowledge. | en_US |
