• IMPACT OF EFFECTIVE STOCK KEEPING AND CONTROL IN AN ORGANIZATION


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    • ABSRACT - [ Total Page(s): 1 ]The effect of stock control in an organization is so vital in both large and small firm whether in the public or private sector. Serious operational and financial breakdowns can result if a good stock control system is not operated by the stores. Every stock control system must be designed to meet the particular needs of the organization. Stock control is set up in any organization to assists in the production of goods and service and no substantial size can be efficiently manage without it. The basic aim of every efficient manager is to reduce time and labour involved in each operation to the ... Continue Reading

         

      CHAPTER ONE - [ Total Page(s): 4 ]CHAPTER ONE1.0 INTRODUCTION 1.1 BACKGROUND OF STUDYFor an organization to be successful, it depends on the efficient control of stock in that organization. Therefore, for the study of purchasing and supply to be successful or complete, there must be efficient control of stock. Store management is very closely liked with product and distribution and is much neglected area of business study. Yet stock control is a vital part of all industrial organization and it must be design to suit the particular needs of the organization. Stock control is set up in any organization to assist ... Continue Reading