ABSTRACT
This is a research project on inventory control procedures using Emenite Limited as a case study of manufacturing company.
This study is necessitated by the fact that many manufacturing firms can no longer meet up to installed capacity due to poor management of inventories. This has led to closing down of various companies or retrenchment of workers due to lean pockets. Therefore in this project, I am at critically examining the inventory control procedures of Emenite limited with the view that some other manufacturing companies in Enugu will learn from its success.
To solve the problem, both primary and secondary data were collected by using questionnaires, oral interviews of staff and personal observations. And in organizing the data, taxes and percentages were used.
The interpretation of the findings provide that Emenite Limited is a successful manufacturing company whose firm inventory control policies vitally ensures its success, and that other manufacturing companies can successes by following in the footsteps of Emenite Ltd.
TABLE OF CONTENT
Title page i
Approval page ii
Dedication iii
Acknowledgment iv
Table of contents v
Abstract viii
CHAPTER ONE
1.0 Introduction 1
1.1 Background to the study 2
1.2 Statement of problems 3
1.3 Objective of the study 3
1.4 Scope of the study 4
1.5 Research questions 4
1.6 Significance of the study 5
1.7 Brief history of Emenite 5
CHAPTER TWO
2.0 Literature review 10
2.1 The concept of inventory control 10
2.2 Inventory control procedures 13
2.3 Finished goods inventory 16
2.4 Problems of inventory control 18
2.5 Inventory control decisions 19
2.6 Stock control models 22
2.7 Inventory valuation 26
2.8 Inventory records 30
2.9 Summary of Related Reviewed Literature 35
CHAPTER THREE
3.0 Methodology 37
3.1 Research design 37
3.2 Area for the study 37
3.3 Population for the study 38
3.4 Sample and sampling procedure 38
3.5 Instrument for data collection 42
3.6 Validation of instrument 42
3.7 Reliability of the instrument 42
3.8 Method of data collection 43
3.9 Method of data analysis 43
CHAPTER FOUR
4.0 Data presentation and analysis of data 44
Summary of findings 55
CHAPTER FIVE
5.1 Discussion of results 57
5.2 Conclusion 58
5.3 Implications of the research results 58
5.4 Recommendation 59
5.5 Suggestion for further studies 60
5.6 Limitations of the study 60
References 62
Appendix 63
