ABSTRACT
As the topic state that is “the need for efficient inventory management in a manufacturing companyâ€.
One major component of this cost in many manufacturing organization that desires the attention of management is the investment in inventories otherwise know as stock. One will then say that really manufacturing companies face inventory management problem of what the researcher tried to analyse and bring possible solution to that effect.
The problem associated with inventory management are unavailability of raw material. The determination of optimal level of stock as well as the discrepancy between policy and practice in stock management.
In carrying out the research work, some research questions were asked such as:
(A)Does inventory planning involve the determination of such factors as market demand and plant capacity?
(B)Does the company make policy decision about stock management?
(C)What benefit are derived from maintaining inventory at their level?
The simple random sampling techniques were used and the methods of data collection used were oral interview company.
Journal textbook and questionnaire which were mostly structured the deportment act as source of data for planning and controlling of more our from the analysis of data gathered was revealed that the company make decision about stock management and also that stock can be allowed to leave the store without requisition being made for it in order to meet up with emergency.
Based on the above analysis carried out, it was also gathered that inadequate information flows rapid inflationary pressure as well as organized storage system are factors that militating against efficient inventory management in the company.
Economic order quantity stock budget minimum stock level are used as means of controlling stock.
The research writer recommends that thee company should set up information flow above inventory management and organize a perfect storage system for the stock.
In order to guide against inflation, market price of valuing inventory is recommended there should be optimum stock level to avoid or over stocking
TABLE OF CONTENTS
Title page
Approval page
Dedication
Acknowledgement
Table of content
Abstract
CHAPTER ONE
INTRODUCTION
General Background to the subject matter
Problems associated with the subject matter
Problems that the supply will be concerned with
The important of studying the area
Definition of important terms
(chapter) Reference (using APA method)
CHAPTER TWO
LITERATURE REVIEW
The origin of the subject area
School of thought within the subject area
School of thought relevant to the problem of study
Different methods of studying the problem
Summary
References
CHAPTER THREE
Conclusion
Data presentation (Highlight of the study)
Analysis of the data
Recommendation
Conclusions
References
Disclaimer: Note this academic material is intended as a guide for your academic research work. Do not copy word for word. Note: For Computer or Programming related works, some works might not contain source codes
CITE THIS WORK
(2013, 05). The Need For Efficient Inventory Management In A Manufacturing Company (a Case Study Of Nigeria Bottling Company N.b.c Enugu State).. ProjectStoc.com. Retrieved 05, 2013, from https://projectstoc.com/read/1667/the-need-for-efficient-inventory-management-in-a-manufacturing-company-a-case-study-of-nigeria-bottling-company-n-b-c-enugu-state
"The Need For Efficient Inventory Management In A Manufacturing Company (a Case Study Of Nigeria Bottling Company N.b.c Enugu State)." ProjectStoc.com. 05 2013. 2013. 05 2013 <https://projectstoc.com/read/1667/the-need-for-efficient-inventory-management-in-a-manufacturing-company-a-case-study-of-nigeria-bottling-company-n-b-c-enugu-state>.
"The Need For Efficient Inventory Management In A Manufacturing Company (a Case Study Of Nigeria Bottling Company N.b.c Enugu State).." ProjectStoc.com. ProjectStoc.com, 05 2013. Web. 05 2013. <https://projectstoc.com/read/1667/the-need-for-efficient-inventory-management-in-a-manufacturing-company-a-case-study-of-nigeria-bottling-company-n-b-c-enugu-state>.
"The Need For Efficient Inventory Management In A Manufacturing Company (a Case Study Of Nigeria Bottling Company N.b.c Enugu State).." ProjectStoc.com. 05, 2013. Accessed 05, 2013. https://projectstoc.com/read/1667/the-need-for-efficient-inventory-management-in-a-manufacturing-company-a-case-study-of-nigeria-bottling-company-n-b-c-enugu-state.
- Related Works
- The Relevance Of Computers In Management Information System (a Case Study Of Nitel Plc Enugu)
- The Problems And Prospect Of Value Added Tax (vat) (a Case Study In Enugu State)
- Crisis Management In Nigeria Local Government (a Case Study Of Enugu North L.g.a)
- The Issues Of Corporate Social Responsibility: A Must To Nigeria Business Organization (a Case Study Of Guinness Nigeria Plc)
- Stress And Frustration Among Nigerian Business Managers (a Case Study Of Star Paper Mills Nig. Ltd Aba, Abia State)
- The Effects Of Leadership Style On Management Of An Organization
- The Effect Of Employee Job Satisfaction On Organizational Productivity (a Case Study Of Union Bank Nigeria Plc, Enugu Branch)
- Information Serves As The Life Wire Of Every Business (a Case Study Of Roban Store Enugu)
- The Effect Of Monetary Incentive On Workers Performance In Nigerian Organisation (a Case Study Of Nigerian Telecommunications Limited Enugu)
- Effect Of Communication On Employee Perception To Change In An Organisation (case Study Of Chi Limited Kaduna)