THE IMPORTANCE OF INVENTORY MANAGEMENT IN SMALL SCALE ENTERPRISES

Authors: Solomon Kings | Social & Management Sciences Business Management Research 54 pages 5,038 words

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INTRODUCTION Most business organisation that makes investment that will make them to achieve their corporate objectives, these investment are typically in land, building, machinery, stocks of various types, debtors and cash when organisation are assessing investment project account must be taken not only on the investment in a mom durabh (fixed) assets but in the current  assets as will. Current assets are these that will not remain permanently in a company of which stock inventory is our will be linked up with its performance not to put too times a point in the organisation efficiency. Basically inventory (stock) falls under three broad categories.  a.Raw materials, which are the item, the company holds ready for use in the production process required. b.Work-in- progress, these are particularly manufactured  product of manufacturing industry  c.The finished good, which are the goods a stock which are the goods or stock which are ready for sales by the organization,  for the benefit of this research work, we shall be concerned with the position or benefit  of industry control in manufacturing.
TABLE OF CONTENT TITLE PAGE APPROVAL PAGE ABSTRACT ACKNOWLEDGEMENT DEDICATION TABLE OF CONTENT
CHAPTER ONE INTRODUCTION 1.0Background of the study 1.1statement of the problem 1.2statement of the objective 1.3statement of the hypothesis 1.4limitation and delimitation  1.5definition of terms
CHAPTER TWO REVIEW OF RELATED LITERATURE 2.1Historical background 2.2Definition of inventory management 2.3Cost of inventory management  2.4Benefit of inventory management 2.5 Challenges face by inventory management 2.6Problem Associate with inventory management    
CHAPTER THREE 3.1 Introduction  2.3Sources of data collection 3.3Instrument used for data collection 2.4Validity and Profitability of Research instrument 3.5Research population 3.6Determination of sampl   ing size 3.7Method of data analysis
CHAPTER FOUR Presentation, analysis and interpretation of data 4.1 Introduction 4.2Data presentation, analysis and interpretation of data 4.3Testing of hypothesis
CHAPTER FIVE 5.1Introduction 5.2Summary of finding 5.3Conclusion 5.4Recommendation Bibliography appendices

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