ABSTRACT
This Research work Stock Control and Performance of a Manufacturing Industry, a case study of Paterson Zochonis Industries Nigeria Pie. Was designed to evaluate the problems associated with stock control in PZ Nigeria Pie. Which can also be applied to other Manufacturing Industries. The study went further to define the objectives of stock control which is to oetermine the relationship between stock control and the level of productivity and profitability of the firm. The information in this work were collected both from primary and secondary data which includes personal interviews, questionnaires. the Company's Financial Statement, Journals and Magazines etc. respectively. This datas collected were analysed, using both descriptive statistics, simple regression analysis and Pearson's product moment correlation. The descriptive statistics includes percentages, frequency counts etc. and then the simple regression analysis has to do with the relationship between two variables, dependent and independent. Datas collected were presented and analysed and the following results or findings were made, that the research disclosed that efficient stock control enhances the level of productivity of firms in Nigeria. The researcher also discovered that organizations that practices efficient stock control techniques always experience increase in the number of their customers which also leads to increase in their turnover. The researcher recommends that corporate firms should adopt an efficient stock control measures that is peculiar to their firm and so on and the researcher concluded that stock control is a very important function, because the success and failure of any organization depends on the efficiency of their stock control technique.
TABLE OF CONTENT
DECLARATION ii
CERTIFICATION Ill
DEDICATION iv
ACKNOWLEDGMENT v
TABLE OF CONTENTS vi-ix
LIST OF TABLES x
ABSTRACT xi.
CHAPTER ONE
INTRODUCTION 1
1.1 BACKGROUND OF THE STUDY 1
1.2 STATEMENT OF PROBLEMS 4
1.3 OBJECTIVES OF THE STUDY 5
1.4 RESEARCH QUESTIONS
1.5 RESEARCH HYPOTHESES 6
1.5 LIMITATIONS AND SCOPE OF THE STUDY 6
1.7 JUSTIFICATION O.F THE STUDY 7
CHAPTER TWO
REVIEW OF RELATED LITERATURE
HISTORICAL OVERVIEW OF THE SELECTED
MANUFACTURING INDUSTRY IN NIGERIA 9
2.1 PROFILE OF THE STUDY 9
2.2 PREAMBLE: 1 1
2.3 DEFINITION OF STOCK CONTROL
2.4 TYPES OF STOCK
2.5 OBJECTIVES OF STOCK CONTROL:
2.6 POLICY DECISION IN STOCK CONTROL
2.7 BASIC CONTROL LEVELS:
2.8.0 MAXIMUM STOCK LEVEL
2.8.1 MINIMUM STOCK LEVEL 17
2.8.2 RE-ORDER LEVEL
8.3 THE ECONOMIC ORDER QUANTITY
2.9 BENEFIT OF STOCK CONTROL:
2.10 STOCK COUNT AIDS STOCK CONTROL
2.10.1 PERPECTUAL INVENTORY SYSTEM AND CONTI NOUS STOCKTAKING:
2.11 STOCK CONTROL RECORDS
2.12 STOCK CONTROL IN PATERSON ZOCHONIS NIGERIA 23
2.13 THE ORGANISATIONAL PERFORMANCE: 24
CHAPTER THREE
RESEARCH METHODOLOGY 26
3.1 RESEARCH DESIGN 26
3.2 AREA OF STUDY: 27
3.3 POPULATION OF THE STUDY
3.4 SAMPLE SIZE AND SAMPLING TECHNIQUE
3.5 SOURCES OF DAT A COLLECTION
3.5.1 PRIMARY DATA
3.5.2 SECONDARY DATA
3.6 PROCEDURES TO DATA COLLECTION
3.6.1 QUESTIONNAIRES
3.6.2 PERSONAL INTERVIEWS
3.6.3 ADMINISTRATION OF INSTRUMENT
3.7 VALIDITY AND RELIABILITY OF INSTRUMENT 30
3.8 DATA ANALYSIS TECHNIQUES
3.8.1 DESCRIPTIVE STATISTICS
3.8.2 PEARSON'S PRODUCT MOMENTCORRELATION
3.8.2 SIMPLE REGRESSION ANALYSIS 32
CHAPER FOUR
DATA PRESENTATION AND ANALYSIS 34
4.1 PRESENTATION AND DISCUSSION OF RESULTS 34
4.2 PROFILE OF RESPONDENTS 35
4.3 ANALYSIS OF RESEARCH QUESTIONNAIRES 37
4.4 TESTING OF HYPOTHESES 42
4.4.1 TESTING FOR THE EFFECT OF STOCK CONTROL ON PRODUCTIVITY:
4.4.2 TESTING FOR THE RELATIONSHIP BETWEEN EFFICIENT STOCK LEVEL AND PROFITABILITY.
CHAPTER FIVE
SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDETION
5.1 SUMMARY OF FINDINGS: 46
5.2 CONCLUSIONS
5:-3 RECOMMENDATIONS
REFERENCES
APPENDIX A
APPENDIX B
APPENDIX C 56
IROEGBU, M (2020). STOCK CONTROL AND PERFORMANCE OF A MANUFACTURING INDUSTRY (A STUDY OF PATERSON ZOCHONIS INDUSTRIES (PZ) NIGERIA. Repository.mouau.edu.ng: Retrieved Dec 23, 2024, from https://repository.mouau.edu.ng/work/view/stock-control-and-performance-of-a-manufacturing-industry-a-study-of-paterson-zochonis-industries-pz-nigeria
MOUAU/06/6145, IROEGBU. "STOCK CONTROL AND PERFORMANCE OF A MANUFACTURING INDUSTRY (A STUDY OF PATERSON ZOCHONIS INDUSTRIES (PZ) NIGERIA" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 26 Mar. 2020, https://repository.mouau.edu.ng/work/view/stock-control-and-performance-of-a-manufacturing-industry-a-study-of-paterson-zochonis-industries-pz-nigeria. Accessed 23 Dec. 2024.
MOUAU/06/6145, IROEGBU. "STOCK CONTROL AND PERFORMANCE OF A MANUFACTURING INDUSTRY (A STUDY OF PATERSON ZOCHONIS INDUSTRIES (PZ) NIGERIA". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 26 Mar. 2020. Web. 23 Dec. 2024. < https://repository.mouau.edu.ng/work/view/stock-control-and-performance-of-a-manufacturing-industry-a-study-of-paterson-zochonis-industries-pz-nigeria >.
MOUAU/06/6145, IROEGBU. "STOCK CONTROL AND PERFORMANCE OF A MANUFACTURING INDUSTRY (A STUDY OF PATERSON ZOCHONIS INDUSTRIES (PZ) NIGERIA" Repository.mouau.edu.ng (2020). Accessed 23 Dec. 2024. https://repository.mouau.edu.ng/work/view/stock-control-and-performance-of-a-manufacturing-industry-a-study-of-paterson-zochonis-industries-pz-nigeria