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Impact Of Efficient Inventory Control On Materials Management In An Organization
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1.3 OBJECTIVE OF THE STUDY
The objectives of this study are
(1)
To create serious awareness in the mind of firms and their employees on
these serious need for efficient inventory control ob materials
management in an organization
(2) To create the necessary awareness
on the important of improving those who are involved in inventory
control on materials management in an organization.
(3) To suggest other ways of improving efficient inventory control on materials management in a organization.
(4)To see whether efficient inventory control on materials management can be improved through empowerment.
(5) To make people appreciate the importance of effective inventory control on materials management in a organization.
1.4 RESEARCH QUESTION
One
Important thing a researcher of this nature to achieve is to provide
the subject matter of the study. It therefore becomes necessary to
formulate research question on which the answer would be based and are
as follows.
(1) Are efficient inventory control basic element in inventory control management?
(2) Does your organization attach importance in carrying adequate efficient inventorying control management?
(3) Is poor inventory control administration tractable to poor efficient inventory control management?
(4)
Does your organization achieve any efficient age as a result of
effective and efficient inventory control management via efficient
purchasing.
1.5 STATEMENT OF HYPOTHESIS
In order to achieve the set goals, this work is guided by the following hypothesis:
H0: Inventory control does not have any impact in the cost of operation in the organization
H1: Inventory control has no significant differences in terms of operations of the organization.
H0: Inventory control does not contribute to the success of an organization
H1: Inventory control has significance differences in terms of operation of the organization.
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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 ... Continue reading---
