Abstract

The significant of management on the impact of inventory control in a manufacturing company is not properly maintain and control as a result of lack of professional, expert in inventory system and good inventory policy.
This research work looks into the performance of impact of inventory in manufacturing company. In the research work, primary and secondary sources were obtained from questionnaire collected while chi-square was used to analyses using statistical analysis, the effective and efficiency of inventory control policy.
The main objective of the study is to determine the impact of inventory control system in manufacturing company.
Data used for this study was collected via primary and secondary. Primary data was collected through structured questionnaire and interview with users of Eastern Match Industries Limited. The data obtained were collated and analyzed using statistical package and which chi-square techniques were used to test the reliability and validity of the earlier formulated hypothesis in order to draw valid inference were applicable statistical table were employed for data analysis
The findings of this study are clearly identifying the problems how to used inventory control to check production cost and see how it affects the performance of manufacturing industry. Therefore necessary to find out areas where we can save cost and the incorporate in the plans for the future.
So as to increase productivity (profitability), manufacturing concern has to reduce the cost of production and this reduction can be achieved through an efficient and effective of inventory control system.
Based on the study findings, it can be concluded that the inventory control system of manufacturing industries has made positive impact on Eastern Match Industries Limited.

Table of Content

TABLE OF CONTENT
Title page
Certification
Dedication
Acknowledgement
Abstract
Table of content
Chapter one INTRODUCTION
1.1 Background to the study
1.2 Statement of the problems
1.3 Purpose of the study
1.4 Significance of study
1.5 Research Question/Research hypothesis
1.6 Scope/Limitation of the study
1.7 Definition of terms
Chapter two LITERATURE REVIEW
2.1 Theoretical frame work
2.2 Inventory control problem
2.3 Inventory records and procurement
2.4 Specification of an inventory system
2.5 Inventory related cost holding or carrying cost
2.6 Valuation of inventory
Chapter Three RESEARCH METHODOLOGY
3.1 population and sample size
3.2 Instrument used
3.3 Procedure for data collection
3.4 research design
3.5 statistical analyses
Chapter four PRESENTTIONS, INTERPRETATION AND ANALYSES OF DATA
4.1 Presentation of data
4.2 Result and discussion of findings
Chapter five SUMMARY, CONCLUSION AND RECOMMENDATION
5.1 Summary of findings
5.2 Conclusion
5.3 Recommendation
5.4 Suggestion for further studies
References/Bibliography

Introduction

Manufacturing industries are those enterprises that are engaging in the production of certain products through the combination of factors of production such as material, labour and factory services land operation.
Inventory can be described as the totality of stocks of different. These includes basic raw material, partially finished goods and material (work-in-progress) sub assemblies, office and workshop supplies and finished goods. Without inventories, manufacturing industries cannot exist, for them to produce product, they need raw materials and in the process of production they will have stock of partially finished product called work-in-progress. All these form the totality of inventory of manufacturing concerns invest highly.Furthermore, manufacturing concerns invest highly in inventory and it constitutes about sixty percent (60%) and above of current assets held at any point in time depending on the size, level of operation and policies of such a particular concern. As a result of the huge amount always invested in inventory, proper planning and controlling here to put in place to avoid loss of inventory which will eventually affect the organization as a whole.

The Impact Of Inventory Control On The Performance Of Manufacturing Industries In Nigeria (A Case Study Of eastern Match Industries Limited)

Key Features

Table of Content

Introduction