1.1 INTRODUCTION:
The viability of an organization ca be enhanced through an effective and efficient management of material resources. Inventory control is a notable measure in managing material resources. Management of resources covers every action taken from the procurement of the resources to their disposal. Firms take certain measures towards preventing their stocks from being in shortage, pilferage and waste some of the measures are very effective while other are not.
In consideration of the scarcity raw materials, their exorbitant costs of procurement and management in the present prevailing economic condition, if is imperative for firms to do away with the rule of thumb’ approach of inventory control and adopt the scientific approach. It is on the basis of this that the need for this study lies.
TABLE OF CONTENTS
TITLE PAGE II
APPROVAL III
DEDICATION IV
ACKNOWLEDGEMENT V
TABLE OF CONTENTS VI
LIST OF ILLUSTRATIONS/TABLES
CHAPTER ONE:
1.1 INTRODUCTION 1
1.2 THE STATEMENT OF THE PROBLEM 1
1.3 THE NEED FOR THE STUDY 3
1.4 THE PURPOSE OF THE STUDY 5
1.5 RESEARCH HYPOTHESIS 5
1.6 THE SCOPE OF THE STUDY 6
1.7 RESEARCH METHODOLOGY 6
1.8 LIMITATION OF THE STUDY 7
1.9 ORGANIZATION OF THE STUDY 8
1.10 OPERATIONAL DEFINITION OF TERMS 9
CHAPTER TWO:
2.0 INVENTORY CONTROL AND INVENTORY VALUATION12
2.1 NATURE OF INVENTORY 12
2.2 INVENTORY CONTROL 16
2.3 ACQUISITION AND ISSUE OF MATERIALS 40
2.4 BASIC INVENTORY CONTROL SYSTEMS 43
2.5 FACTORS THAT AFFECT INVENTORY CONTROL
SYSTEMS 49
2.6 INVENTORY CONTROL METHODS 49
2.7 INVENTORY VALUATION SYSTEMS
2.8 INVENTORY VALUATION METHODS 53
2.9 FACTORS AFFECTING INVENTORY VALUATION DECISIONS 57
2.10 THE CONCEPT OF VIABILITY 60
CHAPTER THREE
3.1 SELECTION OF DATA 62
3.2 COLLECTION OF DATA 64
3.3 TOOLS OF DATA ANALYSIS 66
3.4 RELIABILITY OF DATA 67
CHAPTER FOUR: DATA PRESENTATION ANALYSIS
4.1 DATA PRESENTATION AND ANALYSIS 68
4.2 HYPOTHESIS TESTING 86
CHAPTER FIVE:
SUMMARY, CONCLUSION AND RECOMMENDATION
5.1 SUMMARY 100
5.2 CONCLUSION 101
5.3 RECOMMENDATION 102
BIBLIOGRAPHY 107
APPENDICES 109
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
(2014, 11). The Effect Of Inventory Management In The Viability Of A Company A Case Study Of Steel And Nails Manufacturing Industry.. ProjectStoc.com. Retrieved 11, 2014, from https://projectstoc.com/read/4765/the-effect-of-inventory-management-in-the-viability-of-a-company-a-case-study-of-steel-and-nails-manufacturing-industry-8125
"The Effect Of Inventory Management In The Viability Of A Company A Case Study Of Steel And Nails Manufacturing Industry." ProjectStoc.com. 11 2014. 2014. 11 2014 <https://projectstoc.com/read/4765/the-effect-of-inventory-management-in-the-viability-of-a-company-a-case-study-of-steel-and-nails-manufacturing-industry-8125>.
"The Effect Of Inventory Management In The Viability Of A Company A Case Study Of Steel And Nails Manufacturing Industry.." ProjectStoc.com. ProjectStoc.com, 11 2014. Web. 11 2014. <https://projectstoc.com/read/4765/the-effect-of-inventory-management-in-the-viability-of-a-company-a-case-study-of-steel-and-nails-manufacturing-industry-8125>.
"The Effect Of Inventory Management In The Viability Of A Company A Case Study Of Steel And Nails Manufacturing Industry.." ProjectStoc.com. 11, 2014. Accessed 11, 2014. https://projectstoc.com/read/4765/the-effect-of-inventory-management-in-the-viability-of-a-company-a-case-study-of-steel-and-nails-manufacturing-industry-8125.
- Related Works
- The Impact Of Financial Planning On The Survival Of The Small Business Organisations
- Auditing And Companies Performance (a Case Study Of Nigerian Breweries Plc 9th Mile Enugu)
- Cash Budgeting As A Basis For Decision Making. (a Case Study Of Aguata Local Government Area).
- The Advantage Of Value Added Tax In Terms Of Revenue Generation
- Strategy For Effective Mass Transit System In Enugu State (a Case Study Of Enugu State Transport Company Entraco Limited)
- Appraisal Of The Accounting System In Nigerian Public Sector( A Case Study Of Selected Government Establishment In Enugu)
- The Role Of Financial Management A Corporate Orgnaisation A Case Study Of Nicon Insurance Company Limited Enugu, Enugu State
- The Impact Of Cost Control And Cost Reduction In Manufacturing Firms (a Case Study Of Nigeria Breweries Plc)
- Investment Appraisal In A Depressed Economy (a Case Study Of Cadbury Nigeria Plc)
- The Impact Of Different Methods Of Depreciation On The Profitability Of A Company (a Case Study Of Anammco Motor Enugu State)