EFFECT OF INVENTORY CONTROL ON PROFITABILITY OF A BUSINESS ORGANIZATION (A CASE STUDY OF NIGERIA BOTTLING COMPANY PLC, AGIDINGBI LAGOS STATE)

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ABSTRACT

This research is on â€œEffect of Inventory Control on Profitability of a Business Organization" (A case study of Nigeria Bottling Company Plc). The study used both primary & secondary sources of data collection. Questionnaires were used to elicit the views of the respondents on whether inventory control has effect on the profitability of a business organization. Correlation coefficients were used in analyzing the data collected. Some of the problems facing soft drinks companies are those of procurement of raw materials, inventory management and control. These come about as a result of the inability of these companies to calculate the economics order quality and the various control levels used in the management of stock. The major purposes of this research on inventory control system are:

â€¢ To have a general and critical review of managing problems arising from stock of the soft drink industry.

â€¢ To check the problems of determining the E.O.Q.

â€¢ The Bi-annual stock taking adopted by the NBC Plc to be used as a case study.

Fifty (5) samples were used and two (2) hypotheses tested. The research among others made the following findings.

â€¢ The NBC Plc is such a large company that every major section of its operation is now fully computerized and the stores staffs are given periodic training.

TABLE OF CONTENTS

Title Page

Certification

Dedication

Acknowledgements

Abstract

Table of Contents

CHAPTER ONE:

INTRODUCTION

1.1 Background to the Study

1.2 Statement of Problem

1.3 Objectives of Study

1.4 Research Questions

1.5 Research Hypotheses

1.6 Scope of the Study

1.7 Limitation of the Study

1.8 Significance of Study

1.9 Definition of Terms

CHAPTER TWO:

REVIEW OF RELATED LITERATURE

2.1 Models Relevant to the Research

2.2 Classification of Cost

2.3 Importance of Inventory Control

2.4 Reasons for Holding Inventories

2.5 Types of Inventory

2.6 Method of Inventory Control

2.7 Method of Valuation

2.8 Determining the Optimum Size of Inventory(The Economic Order Quantity)

CHAPTER THREE:

RESEARCH DESIGN AND METHODOLOGY

3.1 Research Design

3.2 Re-Statement of the Research Questions

3.3 Re-Statement of Research Hypotheses

3.4 Population of the Study

3.5 Sampling Techniques

3.6 Research Instrument

3.7 Sources of Data

3.8 Data Analysis Tools

3.9 Limitations of Study

CHAPTER FOUR: DATA ANALYSIS AND

INTERPRETATION OF RESULTS

4.1 Analysis of Data in Section One

4.2 Analysis of Data in Section Two

4.3 Test of Hypotheses

CHAPTER FIVE: SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATION

5.1 Summaries of Major Findings

5.2 Conclusions

5.3 Recommendation

5.4 Suggestions for Further Studies

Bibliography

Appendix

Questionnaire

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EFFECT OF INVENTORY CONTROL ON PROFITABILITY OF A BUSINESS ORGANIZATION (A CASE STUDY OF NIGERIA BOTTLING COMPANY PLC, AGIDINGBI LAGOS STATE)

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