ABSTRACT
The study investigated the effect of inventory Control on manufacturing Companies. It was a case study of United Wire Products. The study made use of primary data that was generated through the administration of questionnaire on workers of the company. The data was analysed using descriptive statistic and Ordinary Least squares (OLS) regressive on technique. The empirical results show that inventory control had a positive and significant impact on level of raw materials, finished goods and production operation, and also a positive but insignificant impact on cost of production and sales of products. it was suggested that the company adopts the EOQ model revaluation of the current inventory control system and stronger linkage of the sales department to
operations of inventory control system.
TABLE OF CONTENTS
page CERTIFICATION i
DEDICATION ii
ACKNOWLEGEMENT iii
ABSTRACT iv
CHAPTER ONE
1.0 Introduction 1
1.1 Background of the study 1
1.2 Statement of the problem 2
1.3 Objective of the study 2
1.4 Research Question 3
1.5 Statement of Hypotheses 3
1.6 Significance of the study 3
1.7 Scope and Limitation of the study .4
1.8 Definition of terms 5
CHAPTER TWO
REVIEW OF RELATED LITERATURE
2.1 Need to hold inventories
2.2 Objective of Inventory planning and control.
2.3 Inventory cost.
2.4 Inventory storage and location Decision
2.5 Determination of Stock Order Level.
2.6 EconomicOrder Quantity(EOQ)
2. 7 Control of Stock by Value
2.8 Accounting for inventories
CHAPTER THREE
RESEARCH METHODOLOGY
3.1 Research Design 17
3.2 Area of Study 17
3.3 Population of the Study 17
3.4 Sources of Data 17
3.4.1 The primary data 18
3.4.2 Secondary data:
3.5 Sample Size Determination 18
3.6 Method of Data collection 19
3.7 Validity and Reliability instrument 19
3.8 Data Analysis Techniques 20
CHAPTER FOUR
DATA PRESENTATION , ANALYSIS AND INTERPRETATION
4.0 Introduction 21
4.1 Rate of Return of Questionnaire 21
4.2 Responses to the items in the questionnaire 25
4.3 Presentation of results and test of hypotheses 35
CHAPTER FIVE
SUMMARY, CONCLSION, AND RECOMMENDATIONS
5.0 Introduction 36
5.1 Summary of major findings 36
5.2 conclusion
5.3 Recommendations
Reference
ADEPOJU, M (2020). The effect of inventory control on manufacturing companies: a case study of United Wire Products. Repository.mouau.edu.ng: Retrieved Nov 24, 2024, from https://repository.mouau.edu.ng/work/view/the-effect-of-inventory-control-on-manufacturing-companies-a-case-study-of-united-wire-products
MOUAU/10/16512, ADEPOJU. "The effect of inventory control on manufacturing companies: a case study of United Wire Products" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 21 Apr. 2020, https://repository.mouau.edu.ng/work/view/the-effect-of-inventory-control-on-manufacturing-companies-a-case-study-of-united-wire-products. Accessed 24 Nov. 2024.
MOUAU/10/16512, ADEPOJU. "The effect of inventory control on manufacturing companies: a case study of United Wire Products". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 21 Apr. 2020. Web. 24 Nov. 2024. < https://repository.mouau.edu.ng/work/view/the-effect-of-inventory-control-on-manufacturing-companies-a-case-study-of-united-wire-products >.
MOUAU/10/16512, ADEPOJU. "The effect of inventory control on manufacturing companies: a case study of United Wire Products" Repository.mouau.edu.ng (2020). Accessed 24 Nov. 2024. https://repository.mouau.edu.ng/work/view/the-effect-of-inventory-control-on-manufacturing-companies-a-case-study-of-united-wire-products