This research work is an attempt to look into the impact of inventory management and control in manufacturing company. It was conducted using Tower Galvanized Products (GTP) Ltd Kaduna. The research work was carried out with the intention of examining the pit falls of manufacturing companies in carrying out necessary management and control of their inventories. For this purpose the study was divided into five chapters. Chapter one introduced the research topic, the objective of the study was also define which include to access and highlight the different methods of inventory, planning and reeducation and the most appropriate one. Chapter two was concerned with the review of related literature and points like objectives of inventory management which include to maintain minimum investment in inventories to maximize profitability were discussed. Chapter three dealt with the methodology used in collecting data. In this chapter the random sampling technique was adopted and questionnaire were used to collect the data. Chapter four has to do with the analysis of the various data collected using the mean. In chapter five, summary of the research work was don and conclusion were drawn to give recommendations in that a manufacturing companies with a view to profit maximization and cost reduction should adopt and maintain an effective inventory management and control system
TABLE OF CONTENTS
Title page i
Declaration pageii
Approval pageiii
Dedication iv
Acknowledgement v
Abstract vii
Table of contents viii
CHAPTER ONE
Introduction
1.1Background of Study 1
1.2Statement of the Problem 4
1.3Objective of the Study 6
1.4Significance of Study 7
1.5Research Questions8
1.6Scope of the Study 8
1.7Limitation of the Study 9
1.8Definition of terms9
CHAPTER TWO
Literature Review
2.1Introduction11
2.2 The Concept of Inventory Management 12
2.3The Nature of Inventory 14
2.4Motive for Holding Inventory 16
2.5Objective of Inventory Management20
2.6Techniques of inventory Management and Control 22
2.7Economic Order Quantity Model23
2.8Inventory Records 31
2.9Inventory Valuation Methods 35
2.10Inventory Ordering System 38
2.11The Impact of Computer Application on Inventory Management and control41
Kings, S.
(2018). THE IMPACT OF INVENTORY MANAGEMENT AND CONTROL IN TOWER GALVANIZED PRODUCT LIMITED KADUNA. Afribary. Retrieved from https://afribary.com/works/the-impact-of-inventory-management-and-control-in-tower-galvanized-product-limited-kaduna-2579
MLA 8th
Kings, Solomon
"THE IMPACT OF INVENTORY MANAGEMENT AND CONTROL IN TOWER GALVANIZED PRODUCT LIMITED KADUNA" Afribary. Afribary, 29 Jan. 2018, https://afribary.com/works/the-impact-of-inventory-management-and-control-in-tower-galvanized-product-limited-kaduna-2579. Accessed 30 Mar. 2023.
MLA7
Kings, Solomon
. "THE IMPACT OF INVENTORY MANAGEMENT AND CONTROL IN TOWER GALVANIZED PRODUCT LIMITED KADUNA". Afribary, Afribary, 29 Jan. 2018. Web. 30 Mar. 2023. < https://afribary.com/works/the-impact-of-inventory-management-and-control-in-tower-galvanized-product-limited-kaduna-2579 >.
Chicago
Kings, Solomon
. "THE IMPACT OF INVENTORY MANAGEMENT AND CONTROL IN TOWER GALVANIZED PRODUCT LIMITED KADUNA" Afribary (2018). Accessed March 30, 2023. https://afribary.com/works/the-impact-of-inventory-management-and-control-in-tower-galvanized-product-limited-kaduna-2579
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