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Inventory Control System On Three Products Of Three Supermarkets
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This research work entails the process involved in inventory control of three supermarkets on three products they sell. The supermarkets include Noble supermarket, Pick ‘n’ smile supermarket and Maris supermarket as a case study. We take their inventory on Candid Red Wine, So Klin Detergent (900g sachet) and Peak Milk Powder. In this research work, data for the observation were collected and analyzed using statistical inventory control models. The inventory models used here were Single item static model (with shortages not allowed) and single item static model (with shortages Allowed). These models are used to dictate shortcomings of the management and control of inventory in the supermarkets on these three goods.
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CHAPTER ONE - [ Total Page(s): 3 ]CHAPTER ONE1.1 INTRODUCTION Inventory control involves
provision for a flow of goods in and out of a business organization.
Inventory control improves the marketing system by checking
discrepancies and enabling effective planning. It is also applied to all
production activities. Therefore, inventory control is quite useful in a
marketing organization. It is very important to marketing process.
Considerable attention has been given in recent years to viewing
manu ... Continue reading---
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CHAPTER ONE - [ Total Page(s): 3 ]CHAPTER ONE1.1 INTRODUCTION Inventory control involves
provision for a flow of goods in and out of a business organization.
Inventory control improves the marketing system by checking
discrepancies and enabling effective planning. It is also applied to all
production activities. Therefore, inventory control is quite useful in a
marketing organization. It is very important to marketing process.
Considerable attention has been given in recent years to viewing
manu ... Continue reading---
ABSRACT -- [Total Page(s) 1]
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ABSRACT -- [Total Page(s) 1]
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