INVENTORY CONTROL AND ITS IMPACT ON PROFITABILITY

ABSTRACT This research work is titled “Inventory control and its impact on profitability†a case study of Turners Building Product (Arewa) ltd Kaduna. A great deal of attention has been devoted to the planning of other economic resources such as financial resources and material resources but the need for inventory control which is the most important resources that harnesses other resources has been undermined. Hence the objectives of this research is to bring to light the importance of inventory control and how it can be used to minimize wastages in organization. The importances of inventory control were pointed out in the introduction and also views of various authors concerning the topic were discussed. The survey method is adopted and questionnaire was the major instrument for data gathering. The researcher’s summary and conclusion revealed that inventory control is a tool for achieving organizational profitability.
TABLE OF CONTENTS Title page  Approval   Declaration  Dedication  Acknowledgement  Abstract  Table of contents 
CHAPTER ONE Introduction 1.1Background of the study  1.2Statement of the problems  1.3Objectives of the study  1.4Significance of the study  1.5Scope of the study  1.6Research questions  1.7Historical background of the study  1.8Definition of terms 
CHAPTER TWO Review of related literature 2.1Definition of inventory control  2.2Importance of inventory control  2.3Control of stock by values  2.4Economic order quantity (EOQ) model  2.5Stock levels  2.6Material requirement planning MRP  2.7Cyclical provisioning  2.8Definition of profitability   2.9Reasons for limiting the extent of profitability   2.10Stock level and portability   
CHAPTER THREE Research methodology 3.1Area of the study  3.2Research design  3.3Population of the study  3.4Sample and sampling techniques  3.5Instruments for data collection  3.6Administration of the instruments  3.7Techniques for data analysis 
CHAPTER FOUR Data presentation and analysis 4.1Presentation of results 
CHAPTER FIVE Summary, discussion, conclusion and recommendations 5.1Summary of procedure  5.2Discussion of findings  5.3Implications of the findings  5.4Conclusion  5.5Recommendations  5.6Suggestion for further studies  Bibliography  Appendix