Stock Control As A Management Tools For Efficient And Effective Stores Operation

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Description

ABSTRACT
Stock control had been a neglected function in an organization due to the fact that most organization both public and private sectors lacks the professionals in the field who are capable of carrying out a good stock system. This work titled ‘’stock control as a management tools for effective and efficient store operation’’ shows that ineffective stock control system has a lot of on the profitability of the organization.
The major aim here is to ensure a continuous and uninterrupted flow of materials in an organization. In order to achieve this, this work was divided into five chapters. The first chapter has the introduction part of the work follow by the statement of problem, objective of the study, the scope,
and significance, limitation of the study and terms of definition. The chapter two talks about the review from contemporary literatures which encompasses the need for stock control, reasons for holding stock, factors affecting the level of stock held, cost associated with stock control etc.chapter three, talk on the research methodology and design. chapter four talk on Data presentation and analysis. Chapter five comprises of the summary, conclusion and recommendation as well as the bibliography.

TABLE OF CONTENTS
i Title page
ii Approval page
iii Dedication
iv Acknowledgement
v-vi Abstract
Table of content

CHAPTER ONE
1.0 General overview of the study
1.1 Introduction
1.2 Statement of the problem
1.3 Objective of the study
1.4 Scope of the study
1.5 Significance of the study
1.6 Limitation of the study
1.7 Definition of the study

CHAPTER TWO
Literature review
2.0 Introduction/Meaning of stock control
2.1 Objective of stock control
2.2 Reasons for holding stocks in an organization
2.3 Factors affecting the level of stock held
2.4 Stock control information source
2.5 Cost associated with stock control
2.5.1 Carrying cost
2.5.2 Ordering cost
2.5.3 Stock out cost
2.6 Effects of inefficient stock control
2.7 Stock level policy and techniques
2.7.1 Economic order quantity E.O.Q
2.7.2 Fixed order quantity
2.7.3 Periodic review system
2.8 Provisioning
2.8.1 Method of provisioning
2.8.2 Benefit of controlling stock

CHAPTER THREE
3.0 Research methodology and design
3.1 Introduction
3.2 Research design
3.3 Sources/methods of data collection
3.4 Population and sample size
3.6 Sample technique
3.7 Validity reliability of measuring instruments
3.8 method of data analysis

CHAPTER FOUR
4.0 presentation and analysis of data
4.1 Introduction
4.2 Data presentation
4.3 Analysis of Data

CHAPTER FIVE
5.0 Summary, Recommendation and Conclusion
5.1 Summary
5.2 Conclusion
5.3 Recommendation
Bibliography
Appendix
Questionnaires

Additional information

Dimensions 5 × 66 × 7642 in