EFFECTIVENESS OF INVENTORY MANAGEMENT IN A MANUFACTURING COMPANY

  • Type: Project
  • Department: Accounting
  • Project ID: ACC1898
  • Access Fee: ₦5,000 ($14)
  • Pages: 81 Pages
  • Format: Microsoft Word
  • Views: 755
  • Report This work

For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

This study examines the essence of effective inventories control and management to
manufacturing companies with particular emphasis on Ama Greenfield Breweries plc.
The aim of this study is to investigate and ascertain areas of lapses by the company and
offer effective ways and solutions in which the manufacturing company can explore the
services of inventory management to effect its objectives. In carrying out this study,
various research instruments such as questionnaires and oral interview were used to
collect data from respondents and a research design was adopted with a sample size of
52. The statistical tool used for this work is Chi-square. Based on the analysis, it was
discovered that inventory management plays a vital role in the manufacturing company.
A well functional inventory management following the recommendations can bring about
proper management thereby enhancing proper and effective production and it will equally
ensure the effective, efficient and adequate use of materials and resources in the
manufacturing company.
  

TABLE OF CONTENTS
Title page - - - - - - - - -i
Approval page- - - - - - - - -ii
Dedication - - - - - - - - - -iii
Acknowledgement - - - - - - - -iv
Abstract - - - - - - - - -v
Table of contents - - - - - - - -vi
CHAPTER ONE
1.0 Introduction - - - - - - - -1
1.1 Background of the study - - - - - -1
1.2 Statement of the problem - - - - -5
1.3 Objective of the study - - - - - -6
1.4 Test of hypotheses - - - - - - -6
1.5 Research questions- - - - - - -7
1.6 Significance of the study - - - - - -8
1.7 Scope of the study - - - - - - -8
1.8 Limitation of the study - - - - - - -9
1.9 Definition of terms - - - - - -9

viii
CHAPTER TWO
2.1 Introduction - - - - - - - -11
2.2 Concept of inventory- - - - - - -11
2.2.1 Types of inventory-- - - - - - -13
2.3 Classification of inventories - - - - - -15
2.4 Inventory policy- - - - - - - -16
2.4.1 Reasons for inventory - - - - - - -17
2.5 Inventory control - - - - - - - -19
2.5.1 Purposes of inventory control - - - - - -21
2.6 Cost associated with inventory - - - - -21
2.7 Inventory model - - - - - - - -25
2.8 Economic order quantity - - - - - -26
2.8.1 Replenishment model- - - - - - -28
2.9 Inventory level - - - - - - - -28
2.10 Inventory valuation method - - - - - -30
2.11 Inventory Accounting System - - - - - -33
2.12 Stock taking methods- - - - - - -34
References -- - - - - - - -35

ix
CHAPTER THREE
RESEARCH METHODOLOGY
3.0 Introduction - - - - - - - -36
3.1 Research design - - - - - - - -36
3.2 Area of the study - - - - - - - -36
3.3 Population of the study- - - - - - -37
3.4 Determination of the sample size and technique- - -37
3.5 Sources of data - - - - - - - -40
3.6 Method of data analysis -- - - - - -40
3.7 Validity of the test - - - - - - -41
3.8 Reliability of the test - - - - - - -41
CHAPTER FOUR
DATA PRESENTATION AND ANALYSIS
- - - -
4.0 Introduction - - - - - - - -43
4.1 Presentation of data- - - - - - -43
4.2 Analysis of data - - - - - - - -44
4.3 Test of hypothesis - - - - - - -54

x
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATION
5.1 Summary of findings- - - - - - -58
5.2 Conclusion- - - - - - - - -61
5.3 Recommendation -- - - - - - -6
  

EFFECTIVENESS OF INVENTORY MANAGEMENT IN A MANUFACTURING COMPANY
For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

Share This
  • Type: Project
  • Department: Accounting
  • Project ID: ACC1898
  • Access Fee: ₦5,000 ($14)
  • Pages: 81 Pages
  • Format: Microsoft Word
  • Views: 755
Payment Instruction
Bank payment for Nigerians, Make a payment of ₦ 5,000 to

Bank GTBANK
gtbank
Account Name Obiaks Business Venture
Account Number 0211074565

Bitcoin: Make a payment of 0.0005 to

Bitcoin(Btc)

btc wallet
Copy to clipboard Copy text

500
Leave a comment...

    Details

    Type Project
    Department Accounting
    Project ID ACC1898
    Fee ₦5,000 ($14)
    No of Pages 81 Pages
    Format Microsoft Word

    Related Works

    (A CASE STUDY OF AMA GREENFIELD BREWERIES PLC, ENUGU, NIGERIA)               ABSTRACT This study examines the essence of effective inventories control and management to manufacturing companies with particular emphasis on Ama Greenfield Breweries plc. The aim of this study is to... Continue Reading
    ABSTRACT This study examines the essence of effective inventories control and management to manufacturing companies with particular emphasis on Ama Greenfield Breweries plc. The aim of this study is to investigate and ascertain areas of lapses by the company and offer effective ways and solutions in which the manufacturing company can explore the... Continue Reading
    ABSTRACT This study examines the essence of effective inventories control and management to manufacturing companies with particular emphasis on Ama Greenfield Breweries plc. The aim of this study is to investigate and ascertain areas of lapses by the company and offer effective ways and solutions in which the manufacturing company can explore the... Continue Reading
    ABSTRACT The technique of inventory control is indispensable going by their impact in contributing, promoting and ensuring efficiency and effectiveness in any organization. In actual practice the vast majority of manufacturing companies suffer excessive inventories than are necessary. Therefore, inventory control process is much more complex than... Continue Reading
    (A study of Siba Water Company, Ikot Ekpene Local Government Area.) ABSTRACT In any major manufacturing companies, inventory control is essential parts to check and carry out inventory adequately for proper recording. That is why in this... Continue Reading
    THE NEED FOR EFFECTIVE AND EFFICIENT INVENTORY MANAGEMENT IN A MANUFACTURING COMPANY(A CASE STUDY OF EMENITE ENUGU ABSTRACT As the topic depicts, that is “the need for effective and efficient inventory management in a manufacturing organization, one will then say that manufacturing organizations really face inventory management problems of which... Continue Reading
    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... Continue Reading
    1.1INTRODUCTION:  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... Continue Reading
    THE EFFECT OF INVENTORY MANAGEMENT IN THE VIABILITY OF A COMPANY A CASE STUDY OF STEEL AND NAILS MANUFACTURING INDUSTRY TABLE OF CONTENTS Chapter one 1.0 Introduction 1.1 background of the study 1.2 Statement of problem 1.3 Purpose of the study 1.4 Significant of the study 1.5 Scope and limitation of the study 1.6 Definition of terms Chapter two... Continue Reading
    ABSTRACT The study was designed to determine the effectiveness of cash management on growth and survival of a manufacturing company using Nigeria Bottling Company Plc as a case study. A descriptive survey sample design was adopted. Data was collected for funding a self developed questionnaire which was validated and tested for reliability. A total... Continue Reading
    Call Us
    Get this work
    whatsappWhatsApp Us