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Role Of The Application Of Computer In Inventory Planning And Control In An Organization
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CHAPTER ONE
1.0 INTRODUCTION
1.1 BACKGROUND OF THE STUDY
As
there are different scholars in computer science, so are there different
definitions of computer. The same is applicable to inventory planning
and control, however all boils down to the same meaning at least though
from different perspectives depending on the understanding.
Iyang
(1996:40 defined computer as†an electronic data processing machine
capable of receiving, storing, performing arithmetic and logical
operations in line with defined instruction, high speed, accuracy and
finally transforming the processed data to an output or presenting the
data or information in a final printed or visual fromâ€. A computer
system could as an “Electro- mechanical machine which receives data
instructions, processes them and produce its result as information which
are made up of hardware, software, data ware, and human-ware, computer
technology is fast revolutionizing the world, Before computer there had
been aids to doing such actions as calculation, storing and retrieving
information, which were adopted by various organizations.
In the
same view, Arnold (1996:221) defined inventory as materials and supplies
that a business or institution carries either for sale or to provide
inputs or supplies to the production process. All businesses and
institutions require inventories which forms the life wire of any
organization. Similarly, inventory planning and control for. According
to Arnold (1996:223) is responsible for managing and directing inventory
from the raw material stage to the customer. Inventory planning and
control involves a wide rage of activities like planning, purchasing,
storage, usage and control of inventory and for this to be effective,
come the use of computer inventory for easy accessibility.
The role
computer play in inventory control be over- emphasized. The computer
assemblies all pertinent facts about inventory planning and control and
bring all these facts up to date. This has been made possible, by the
fact that inventory planning and control recognizes that important role
computer plays in inventory. Successful inventory planning and control
actions are as a result of a computerized inventory system, where all
the additions and withdrawals are recorded electronically, so that the
computer can trigger the placement of orders to replenish the inventory.
Since inventory is necessary for any company dealing with physical
products, what it handles large volume of inventory can best be imagined
when told like a storey and it beats human imagination when put into
use and it is proved.
Brief history of Sam Mbakwe international
cargo airport (SMICA). The airport was built but the Administration of
late chief Sam Mbakwe. First Civilian Governor of the old Imo State made
up of the present Imo, Abia and part of Ebony State. The airport was
renamed after late chief Sam Mbakwe as an honour for his contribution to
growth of the country and aviation industry Sam Mbakwe international
cargo Airport, Owerri was officially commissioned on the 15th July 1994
by the former head of state commander. In- chief of the Armed forces,
Federal republic of Nigeria, Late general Sanm Abacha as a passenger
airport, recently, it has been re-designated a cargo airport for the
importation of cargo in the eastern geo-political Zones of the country
by the former president and commander in- chief of the armed forces of
the federal Republic of Nigeria, chief Olusegu Obasanjo.
The Airport
is managed by one federal Parastatal and three Agencies namely, Federal
Airport Authority of Nigeria (FAAN), Nigeria airspace management Agency
(NCAA) and Nigeria meteorological service Agency (NIMET) . The Airport
has as purchasing and stores department where materials of different
kinds are purchased and kept for services and which as highly monitored
by computer so as to maintain efficient and effective inventory planning
and control, it is located at Ngorokpala L.G.A
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ABSRACT - [ Total Page(s): 1 ]Inventories are the life wire of any services and manufacturing organization, they refer to the stock of items used in the operation of the business. This represents a significant portion of most firms assets and such demand proper management of efficiency and effectiveness and in that light it brings us to the research topic†the role of the application of computer in inventory planning and control in an organization .The role of computer as a data processing tools in business is today an ... Continue reading---
