ABSTRACT

The role of efficient stock control in manufacturing industries is inestimable due to the fact it contributes greatly to the profitability of the firm. The reason why most firms experience break in production, lack of raw materials which often leads top inability of the firm to meet customers demand is due to ineffective and inefficient stock control of the firm. Stock control has a direct role to play in productivity of a firm in order to establish a high level of profit being posted by manufacturing firms and other related business. This research work is based on the importance of stock control in manufacturing industries in Abia State in which PZ Industries Plc, Aba is a case study. The researcher consulted relevant text, literatures written by experts that related to the topic been carrying out also both primary and secondary data were used in analysis and testing of the hypothesis with the use of simple percentage and chi-square in analyzing the problem of stock control as it affect manufacturing firms. Population of 60 were observed after which 52 were chosen as the sample size in analysis and presentation the data collected from the field work. This research work segmented into five chapters. Chapter one introduced and defined the objectives, statement of problem and scope of the research. Chapter two tried to review the related literatures. In chapter three, the research methodology, was defined while the data were presented, analyzed and result discussed in chapter four. The summary of findings, conclusion and recommendation were made in chapter five. The findings of the study showed that efficient stock control increases profitability and productivity of any firm. Hence, there is a significant relationship between adequate stock control and profitability. However, more awareness needs to be created on knowledge of stock control in the manufacturing industries general and PZ industries Plc, Aba in particular.