INVENTORY CONTROL AND ITS IMPACT ON PROFITABILITY

This research work is titled “Inventory control and its impact on profitability†a case study of Turners Building Product (Arewa) ltd Kaduna. A great deal of attention has been devoted to the planning of other economic resources such as financial resources and material resources but the need for inventory control which is the most important resources that harnesses other resources has been undermined. Hence the objectives of this research is to bring to light the importance of inventory control and how it can be used to minimize wastages in organization. The importances of inventory control were pointed out in the introduction and also views of various authors concerning the topic were discussed. The survey method is adopted and questionnaire was the major instrument for data gathering. The researcher’s summary and conclusion revealed that inventory control is a tool for achieving organizational profitability.

Title page 

Approval  

Declaration 

Dedication 

Acknowledgement 

Abstract 

Table of contents 

CHAPTER ONE

Introduction

1.1Background of the study 

1.2Statement of the problems 

1.3Objectives of the study 

1.4Significance of the study 

1.5Scope of the study 

1.6Research questions 

1.7Historical background of the study 

1.8Definition of terms 

CHAPTER TWO

Review of related literature

2.1Definition of inventory control 

2.2Importance of inventory control 

2.3Control of stock by values 

2.4Economic order quantity (EOQ) model 

2.5Stock levels 

2.6Material requirement planning MRP 

2.7Cyclical provisioning 

2.8Definition of profitability  

2.9Reasons for limiting the extent of profitability  

2.10Stock level and portability   

CHAPTER THREE

Research methodology

3.1Area of the study 

3.2Research design 

3.3Population of the study 

3.4Sample and sampling techniques 

3.5Instruments for data collection 

3.6Administration of the instruments 

3.7Techniques for data analysis 

CHAPTER FOUR

Data presentation and analysis

4.1Presentation of results 

CHAPTER FIVE

Summary, discussion, conclusion and recommendations

5.1Summary of procedure 

5.2Discussion of findings 

5.3Implications of the findings 

5.4Conclusion 

5.5Recommendations 

5.6Suggestion for further studies 

Bibliography 

Appendix