Description
INTRODUCTION
Stock and its control have a concept which has been as old as human race in the history of mankind. If the origin of stock control is well traced, we discover that it has some elements of recognition. In the story of the early man, we were made to understand that they lived an unsettled life having no control and kept nothing for future use, and due to this, they were faces with different problems caused by out of stock.
These days, manufacturing companies tend to put stock control into practice having known that such are expected from them, therefore as the management practice are becoming are becoming increasingly dynamic with the passage of them, numerous future planning and controlling activities that are formally performed by clerks have reading efforts in
Corporate objectives and inventory control as a vital element of materials management is of function that should be given proper attention.
According to mocker (1984), control can be defined as a systematic effort by business management to compare performance to predetermined standards plans of objective, to see where performance is in line with standards and presumably take to any remedy actions required to see that human and corporate resources are been used in the most effective and efficient manner in achieving cooperate objective. Therefore stock control according to A.M. Uzor (2006) represent the correct quantity of materials made available and as when required with due regards to economy storage and ordering cost purchase price and use of working capital, Zenz (1994:1640). Further stressed that stock control should be regarded as any item of materials used within the production process, or in the operation of the business.
From the above set of definitions, one is left in no doubt of the fact that stock control is the life wire of any industry.
TABLE OF CONTENTS
1.1 Title page
1.2 Approval page
1.3 Dedication
1.4 Acknowledge
1.5 Abstract
1.6 Table of Contents
CHAPTER ONE
1.0 INTRODUCTION
1.1 General Overviews
1.2 Statement of the Problem
1.3 Objective of the Study
1.4 Significance of the Study
1.5 Research Question
1.6 Hypothesis
1.7 Scope of the Study
1.8 Limitation of the Study
1.9 Operational Definition of Terms
CHAPTER TWO
2.0 Literature Review
2.1 Historical Backgrounds
2.2 Meaning of Stock Control
2.3 Objective Of Stock Control
2.4 Information Necessary For Effective Stock Control
2.5 Factors to Consider When Controlling Stock By Quality
2.6 Determinations Of Stock Levels
2.7 Methods of Stock Control
CHAPTER THREE
3.0 Introduction
3.1 Research Designs
3.2 Questionnaire Design
3.3 Population/Sample Selection
3.4 Source Of Data
3.4.1 Primary Source
3.4.2 Secondary Source
3.5 Data Collection Techniques
3.5.1 The Survey
3.5.2 Observation
3.6 Methods of Data Analysis
CHAPTER FOUR
4.0 Data Presentation and Analysis of Findings
4.1 Data Presentation
4.2 Analysis of Data
4.3 Testing of Hypothesis
4.4 Decision Rule
CHAPTER FIVE
5.0 Summary, Conclusion and Recommendation
5.1 Summary
5.2 Conclusion
5.3 Recommendation
Bibliography
Appendix 1
Questionnaire