Effect Of Inventory Management On The Financial Performance Of Manufacturing Firms In Nigeria (2003-2013) (A Case Study Of Unilever And Cadbury Plc)
ABSTRACT
The study was carried out
specifically to empirically ascertaining the effect of inventory management on
the financial performance of manufacturing firms in Nigeria from 2003 to 2013.
One multiple regression model and one correlation coefficient was specify for
the study. The two data analysis techniques were estimated secondary data
obtained from financial statement of Unilever and Cadbury plc. The empirical
results indicated that there was a relative but insignificant effect of raw and
other package material, work in progress, engineering space on profitability
and there was positive and significant effect of finished goods on
profitability. There was also positive relationship between profitability and
total inventory management. It was recommended that the manufacturing firms
should adjust the level of work in progress that is needed to support their
manufacturing operations. The current level of raw and other package material,
work in progress, engineering space are having a negative effect on
profitability and needs to be adjusted according to make the inventory
management system more effective.
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OLEKA, G (2021). Effect Of Inventory Management On The Financial Performance Of Manufacturing Firms In Nigeria (2003-2013) (A Case Study Of Unilever And Cadbury Plc). Repository.mouau.edu.ng: Retrieved Nov 26, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-inventory-management-on-the-financial-performance-of-manufacturing-firms-in-nigeria-2003-2013-a-case-study-of-unilever-and-cadbury-plc-7-2
GIFT, OLEKA. "Effect Of Inventory Management On The Financial Performance Of Manufacturing Firms In Nigeria (2003-2013) (A Case Study Of Unilever And Cadbury Plc)" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 22 Jul. 2021, https://repository.mouau.edu.ng/work/view/effect-of-inventory-management-on-the-financial-performance-of-manufacturing-firms-in-nigeria-2003-2013-a-case-study-of-unilever-and-cadbury-plc-7-2. Accessed 26 Nov. 2024.
GIFT, OLEKA. "Effect Of Inventory Management On The Financial Performance Of Manufacturing Firms In Nigeria (2003-2013) (A Case Study Of Unilever And Cadbury Plc)". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 22 Jul. 2021. Web. 26 Nov. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-inventory-management-on-the-financial-performance-of-manufacturing-firms-in-nigeria-2003-2013-a-case-study-of-unilever-and-cadbury-plc-7-2 >.
GIFT, OLEKA. "Effect Of Inventory Management On The Financial Performance Of Manufacturing Firms In Nigeria (2003-2013) (A Case Study Of Unilever And Cadbury Plc)" Repository.mouau.edu.ng (2021). Accessed 26 Nov. 2024. https://repository.mouau.edu.ng/work/view/effect-of-inventory-management-on-the-financial-performance-of-manufacturing-firms-in-nigeria-2003-2013-a-case-study-of-unilever-and-cadbury-plc-7-2