THE EFFECT OF INVENTORY MANAGEMENT IN THE VIABILITY OF A COMPANY A CASE STUDY OF STEEL AND NAILS MANUFACTURING INDUSTRY

1.1INTRODUCTION: 
The viability of an organization ca be enhanced through an effective and efficient management of material resources.  Inventory control is a notable measure in managing material resources.  Management of resources covers every action taken from the procurement of the resources to their disposal.  Firms take certain measures towards preventing their stocks from being in shortage, pilferage and waste some of the measures are very effective while other are not.  In consideration of the scarcity raw materials, their exorbitant costs of procurement and management in the present prevailing economic condition, if is imperative for firms to do away with the rule of thumb’ approach of inventory control and adopt the scientific approach.  It is on the basis of this that the need for this study lies.
TABLE OF CONTENTS TITLE PAGE IIAPPROVAL IIIDEDICATIONIVACKNOWLEDGEMENT VTABLE OF CONTENTS VILIST OF ILLUSTRATIONS/TABLES
CHAPTER ONE:1.1INTRODUCTION 11.2THE STATEMENT OF THE PROBLEM 11.3THE NEED FOR THE STUDY 31.4THE PURPOSE OF THE STUDY 51.5RESEARCH HYPOTHESIS 51.6THE SCOPE OF THE STUDY 61.7RESEARCH METHODOLOGY 61.8LIMITATION OF THE STUDY 71.9ORGANIZATION OF THE STUDY 81.10OPERATIONAL DEFINITION OF TERMS 9
CHAPTER TWO:2.0INVENTORY CONTROL AND INVENTORY VALUATION122.1NATURE OF INVENTORY122.2INVENTORY CONTROL 162.3ACQUISITION AND ISSUE OF MATERIALS 402.4BASIC INVENTORY CONTROL SYSTEMS 432.5FACTORS THAT AFFECT INVENTORY CONTROL SYSTEMS 492.6INVENTORY CONTROL METHODS 492.7INVENTORY VALUATION SYSTEMS 2.8INVENTORY VALUATION METHODS 532.9FACTORS AFFECTING INVENTORY VALUATION DECISIONS572.10THE CONCEPT OF VIABILITY 60
CHAPTER THREE3.1SELECTION OF DATA623.2COLLECTION OF DATA 643.3TOOLS OF DATA ANALYSIS 663.4RELIABILITY OF DATA 67
CHAPTER FOUR: DATA PRESENTATION ANALYSIS4.1DATA PRESENTATION AND ANALYSIS684.2HYPOTHESIS TESTING 86
CHAPTER FIVE:SUMMARY, CONCLUSION AND RECOMMENDATION5.1SUMMARY 1005.2CONCLUSION 1015.3RECOMMENDATION 102
BIBLIOGRAPHY107APPENDICES109