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IMPACT OF EFFICIENT INVENTORY CONTROL ON MATERIALS MANAGEMENT IN AN ORGANIZATION
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- Contributor: mr-chris
- engagements: 79
- Case No: 360688ip
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ABSRACT - [ Total Page(s): 1 ]Inventory control requires high cost and investment commitments. In manufacturing company where inventories are handled the introduction of a well planned and effective system or means of controlling these inventories is necessary for profitability and accountability to both the management and shared holders of the company whose inertest, objectives was established must be protected. However, the researcher work will be treated in five chapters. Chapter one is the introduction of the work where the problems were identified, five research questions and four hypothesis were stated to guide the w
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CHAPTER ONE - [ Total Page(s): 4 ]CHAPTER ONE1.0 INTRODUCTION 1.1 BACKGROUND OF THE STUDY A trend in the past has been for companies to hold some level of stock than preciously did. Hence companies gas fund that they can sometimes reduce the lead time required to obtain materials and to produce products, so that they can operate with less inventory and skill serve their customers effectively.Stock is idle resources hold for future use. Whenever the inputs and outputs of a company are not used as soon as they become available, inventory is present. Services operation and jobs tend to have small investments in st ... Continue Reading
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ABSRACT - [ Total Page(s): 1 ]Inventory control requires high cost and investment commitments. In manufacturing company where inventories are handled the introduction of a well planned and effective system or means of controlling these inventories is necessary for profitability and accountability to both the management and shared holders of the company whose inertest, objectives was established must be protected. However, the researcher work will be treated in five chapters. Chapter one is the introduction of the work where the problems were identified, five research questions and four hypothesis were stated to guide the w
... Continue Reading
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