Description
ABSTRACT
The main aim of embarking on this project is to know the need for efficient inventory control system in service oriented organization at the associated Bus Company Head Office at Umuoba Uratta in Imo State.
This study attempts finding out whether the company practices or applies the system of inventory control effectively. It also sees to the functions and systems applied in carrying out the inventory control work so as to maintain continuity of materials inflow and outflow in the storehouse.
As generally know, inventory is an American language while stock is a British word but all mean the same from the review of related literature inventory control is the means by which materials of the correct quantity and quality is made available as and when required with due regard to economy in storage and ordering cost, purchase price and working capital. The researcher review the related literature which centers on inventory control, the role of material management in business organization, types of inventory control system the stores managers responsibility in relation to materials storage, the stock record system, reasons for keeping stock record, method of stock record, material deterioration, stock discrepancy, obsolescence of material inventory control techniques etc information in the accomplishment of the research work are all experienced.
TABLE OF CONTENTS
i TITLE PAGE
ii ACKNOWLEDGEMENT SAMPLE
iii DEDICATION SAMPLE
iv ABSTRACT
CHAPTER ONE
1.0 INTRODUCTION
1.1 Background of the study
1.2 Statement of problem
1.3 Objectives of the study
1.4 Significance of the study
1.5 Research questions
1.6 Hypothesis
1.7 Scope of the study
1.8 Limitation of the study
1.9 Definition of terms
CHAPTER TWO
2.0 LITERATURE REVIEW
2.1 Introduction
2.2 The role of materials management in business organization
2.3 Inventory control system
2.3.1 Types of inventory
2.4 The use of ‘abc’ pareto’s analysis in inventory control system
2.5 Stores managers responsibility in relation to material storage.
2.6 Stock record systems
2.6.1 Reasons for keeping records
2.6.2 Method of stock recording
2.6.3 Hand posted method
2.6.4 Machine posted method
2.7 Deterioration of stock
2.7.1 Ways of preventing deterioration
2.8 Discrepancy, obsolescence and redundancy of stock
2.8.1 Discrepancy
2.8.2 Obsolescence
2.8.3 Redundancy of stock
2.9 Inventory related cost
2.10 Inventory control techniques
2.10.1 Stock replenishment method
2.10.2 Material requirement planning.
CHAPTER THREE
3.0 RESEARCH METHODOLOGY
Introduction
3.1 Research design
3.2 The questionnaire design
3.3 Population and sample size selection
3.4 Sources of data
3.5 data collection method techniques
3.5.1 Survey method
3.5.2 Observation
Desk research
Questionnaires
3.6 Data analysis techniques
CHAPTER FOUR
4.0 PRESENTATION OF DATA
Introduction
4.1 Presentation and analysis of data
4.2 Questionnaire distribution/return table
4.3 Analysis of data
4.4 Testing of hypothesis
4.5 Decision rule
CHAPTER FIVE
5.0 SUMMARY, CONCLUSION AND RECOMMENDATION
Introduction
Summary
Conclusion
Recommendation
Bibliography
JOURNALS
REQUEST OF INFORMATION ON PROJECT
QUESTIONNAIRE