MANAGEMENT AND CONTROL OF INVENTORY IN A MANUFACTURING ORGANISATION (A case study of S. I. O. and ALLIED INDUSTRIES LTD ASABA)

ABSTRACT

The purpose of  this study is to examine the effectiveness of inventory control in manufacturing industries with particular reference to S. I. O. Industry Ltd Asaba.
Due to the unprecedented growth in manufacturing and merchandising industries over the years, inventory has been accorded the save Center of those industries. It therefore follows that in trying to hold the industries in these should be adequately and properly controlled with a view to minimizing costs.
Hence, in conducting research, the researcher made use of Oral interview and questionnaire; she also reviewed other related literatures necessary to provide the required data for the study. The data collected for the study were analyzed in tables using Chi Squares.
The findings were that through the management hires as much as the can, there are lapses in the inventory Control System also in the valuation of stock, the researcher found out that the company uses the first – in – first – out (FIFO) method of stock valuation in valuing her stock.
This is because of inherent benefits in it and commended by the SAS, IAS and SSAP.
Based on findings, we have recommended among other things that the local source of ratio materials should be made to supply the firm when required.

TABLE OF CONTENTS
TITTLE PAGE
APPROVAL PAGE
DEDICATION
ACKNOWLEDGEMENT
ABSTRACT
TABLE OF CONTENTS

CHAPTER ONE
INTRODUCTION
BACKGROUND OF THE STUDY
STATEMENT OF PROBLEM
SCOPE AND LIMITATIONS
OBJECTIVES AND FORMATION OF HYPOTHESIS
REFERENCE

CHAPTER TWO
LITERATURE REVIEW
ORIGIN OF THE STUDY
VARIOUS FORM OF INVENTORY
INVENTORY MANAGEMENT TECHNIQUES
VALIDATION OF INVENTORY
SUMMARY
REFERENCE

CHAPTER THREE
CONCLUSION
DATA PRESENTATION
DATA ANALYSIS
RECOMMENDATION
CONCLUSION
REFERENCE
BIBLIOGRAPHY
APPENDIX

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APA

Research, A. (2018). MANAGEMENT AND CONTROL OF INVENTORY IN A MANUFACTURING ORGANISATION (A case study of S. I. O. and ALLIED INDUSTRIES LTD ASABA). Afribary. Retrieved from https://afribary.com/works/management-and-control-of-inventory-in-a-manufacturing-organisation-a-case-study-of-s-i-o-and-allied-industries-ltd-asaba

MLA 8th

Research, Afri "MANAGEMENT AND CONTROL OF INVENTORY IN A MANUFACTURING ORGANISATION (A case study of S. I. O. and ALLIED INDUSTRIES LTD ASABA)" Afribary. Afribary, 03 Feb. 2018, https://afribary.com/works/management-and-control-of-inventory-in-a-manufacturing-organisation-a-case-study-of-s-i-o-and-allied-industries-ltd-asaba. Accessed 23 Dec. 2024.

MLA7

Research, Afri . "MANAGEMENT AND CONTROL OF INVENTORY IN A MANUFACTURING ORGANISATION (A case study of S. I. O. and ALLIED INDUSTRIES LTD ASABA)". Afribary, Afribary, 03 Feb. 2018. Web. 23 Dec. 2024. < https://afribary.com/works/management-and-control-of-inventory-in-a-manufacturing-organisation-a-case-study-of-s-i-o-and-allied-industries-ltd-asaba >.

Chicago

Research, Afri . "MANAGEMENT AND CONTROL OF INVENTORY IN A MANUFACTURING ORGANISATION (A case study of S. I. O. and ALLIED INDUSTRIES LTD ASABA)" Afribary (2018). Accessed December 23, 2024. https://afribary.com/works/management-and-control-of-inventory-in-a-manufacturing-organisation-a-case-study-of-s-i-o-and-allied-industries-ltd-asaba