IMPORTANCE OF PRODUCTION PLANNING AND INVENTORY CONTROL IN AN ORGANIZATION

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ABSTRACT

Verily the idea of production generally dates back to the ancient days/times when human being concerned most production systems, beginning with the family and craft system which involves into the factory system culminating in mass production lines and the automation concept. This productivity system are unique inventions of mankind. They are mean of which we create an endless list of goods and services needed for sustained modern society. Consequently, production planning and inventory control in an organization is basically aimed at establishing the significance of the subject matter organizations performance relating to the production process production control and planning inventory control. This is consistently relevant activity in production. Marketing and finance department in the organization toward achieving its objectives.

TABLE OF CONTENTS

Title page

Declaration

Approval

Dedication

Acknowledgement

Abstract

CHAPTER ONE:

INTRODUCTION

1.1Background of the Essay

1.2Statement of the Problem

1.3Limitations of the Essay

1.4Definition of Terms

1.5Scope of the Essay

CHAPTER TWO:

LITERATURE REVIEW

2.1Concept of Production

2.2Production Planning

2.3Inventory Control

2.4Significance of Production Planning and Control

CHAPTER THREE:

SUMMARY, CONCLUSION AND RECOMMENDATION

3.1Summary

3.2Conclusion

3.3Recommendation

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IMPORTANCE OF PRODUCTION PLANNING AND INVENTORY CONTROL IN AN ORGANIZATION

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