Download complete project materials on Impact Of Inventory Management On The Organizational Performances from chapter one to five
ABSTRACT
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The manufacturing sector plays an important role in the Nigeria economy, therefore the study intends to evaluate the impact of inventory management on the organizational performance of some manufacturing organizations.
The study utilized primary data that were collected by means of questionnaire administered. A total number of 50 questionnaires were distributed purposefully and were analyzed by means of Simple percentage and chi-square ×2 tests.
The findings of the study revealed that inventory planning management perceived to have significant effect on the organizational performance.Â
This showed that inventory planning management is an importantapproach to achieving organizational performance. It was found that organizations benefits from this approachby way of easy storage and retrieval of material, improved sales effectiveness and reduced operational cost.
The study concluded that effective inventory control management is recognized as one of the vital areas management of any organization should acquire capability.
The study recommended that organizations should be conscious of their production pattern which is a function of their product demand and try to tailor their inventory system toward that to avoid unavailability of one brand of their products and surplus of another at one time or the other.
TABLE OF CONTENTSÂ
Title page              Â
Declaration    Â
Certification    Â
Dedication       Â
Acknowledgement      Â
Table of contents
Abstract
Â
CHAPTER ONEÂ Â Â Â Â
INTRODUCTIONÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
1.1Â Â Â Â Â Â Background to the Study
1.2Â Â Â Â Â Â Statement of the ProblemÂ
1.3Â Â Â Â Â Â Objectives of the Study
1.4Â Â Â Â Â Â Research questionÂ
1.5Â Â Â Â Â Â Research hypothesisÂ
1.6Â Â Â Â Â Â Significant of the study
1.7Â Â Â Â Â Scope of the studyÂ
1.8     Definition of the terms Â
CHAPTER TWO
REVIEW OF RELATED LITERATURE
2.1Â Â Â Â Â Â IntroductionÂ
2.2Â Â Â Â Â Â Conceptual definition on inventory management by various authors
2.3Â Â Â Â Â Â Various authors views on inventory managementÂ
2.4Â Â Â Â Organizational performance
2.5Â Â Â Â Â Â Objective of inventory control
2.6 Â Â Â Â Â Classification of InventoryÂ
2.7Â Â Â Â Â Â Inventory Planning Contro
2.8Â Â Â Â Â Â Inventory control systemÂ
2.9Â Â Â Â Â Â Motive for holding inventoriesÂ
2.10Â Â Â Â Methods of inventory managementÂ
2.11Â Â Â Â Theoretical frame workÂ
2.12Â Â Â Â Inventory Management and performanceÂ
2.13Â Â Â Â Inventory Management and capital intensityÂ
2.14Â Â Â Inventory management and financial performanceÂ
2.15Â Â Â Â The relationship between approaches of inventory control and financial
Performance Â
2.16Â Â Â Â Empirical Review on principles of inventory and material management, and the Impact of vendor managed inventory on the Bullwhip effect in supply chains
2.17 Â Â Â Summary of the chapte
CHAPTER THREE
RESEARCH METHODOLGY
3.1Â Â Â Â Â Â IntroductionÂ
3.2Â Â Â Â Â Research DesignÂ
3.3Â Â Â Â Â Â Research Population and Sample SizeÂ
3.4Â Â Â Â Â Â Method of Data CollectionÂ
3.5Â Â Â Â Â Technique of data analysisÂ
3.6Â Â Â Â Â Â Justification for the Choice of the TechniqueÂ
3.7Â Â Â Â Â Â Summary of the chapterÂ
CHAPTER FOUR
DATA PRESENTATION, ANALYSIS AND INTERPRETATION
4.1Â Â Â Â Â Â IntroductionÂ
4.2Â Â Â Â Â Â Data presentation and analysisÂ
4.3Â Â Â Â Â Â Testing of hypothesesÂ
4.4Â Â Â Â Â Â Discussion of the findingsÂ
4.5Â Â Â Â Â Summary of the chapte
CHAPTER FIVE
SUMMARY, LIMITATION, CONCLUSTION AND RECOMMENDATIONS
5.1Â Â Â Â Â Â SummaryÂ
5.2Â Â Â Â Â Â LimitationsÂ
5.3Â Â Â Â Â Â ConclusionsÂ
5.4Â Â Â Â Â Recommendations
Reference
CHAPTER ONE
INTRODUCTION
1.1Â Background to the Study
Inventory management is a sensitive part of organizational resources that enhances the achievement of the organizations desire objectives. Every successful company will be inevitably traced to its solid foundation in planning and control, which serve as a management mechanism of control system. Therefore, inventory management is one of the good foundations that promises a successful future profitability and increases in return on total assets of organizations.
The term inventory as define by the American institute of accountant is the aggregate of those items of tangible property which are held for sales in ordinary course of business. Inventory also means record of items, commodities or other economic resources that are stored or used at any given point in time.
All the raw material parts, suppliers, expenses tools, work in progress and finished products are kept in the store or warehouse by an organization. Lam lee and bobber (1982:134).
The planning part of inventories involves forecasting the future demand for a company’s product with the aim of investing in inventories to meet such demand. Control of inventories basically entails the issues of how much inventories to carry and when to order for more.
1.2Â Statement of the Problem
Manufacturing companies are expected to play a significant role in the growth and development of the Nigeria’s economy. This is possible by producing qualitative products at an affordable rate.
Preliminary investigation of the trends of production and sales in the Nigerian manufacturing companies have revealed a serious decline in both variables and by extension affect the profitability status of almost all the companies operating in the manufacturing sector.
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