Impact Of Efficient Inventory Control On The Productivity Of An Organisation

The topic this research work is the impact of EFFICIENT INVENTORY CONTROL on the productivity of an organization. Inventory control requires high cost and investment commitment most businessmen view inventory control or inventories and their attendant costs as “unnecessary evil” hence failing to assess carefully the benefits afforded their companies or business by existence of inventories. In a manufacturing company where these inventories are handled, the introduction of a well planned and effective system or means of controlling these inventories is necessary for profitability and accountability to both the management and shareholders of the company whose interest, objectives and aims under which the company as business was established must be protected.
However, the research work will be treated in five chapters.
Chapter one is the introduction of the work where the problems were identified five research questions and four hypothesis were stated to guide the work.
Chapter two involved the review of related literature quoting the various professional ideas on the issue while my own perspective was also stated.
Chapter three involved the sources of data for the study; the sample size and the statistical tool were used in analyzing the data.
Chapter four dealt with proper analysis of the research questions and hypothesis with percentage frequency and hypothesis statistical tools.
Chapter five is the summary of the work, the conclusion of findings from the data analysis in chapter four.