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AN ASSESSMENT OF INVENTORY MANAGEMENT TOOLS IN SOME SELECTED MANUFACTURING ORGANISATIONS IN KADUNA STATE
ABSTRACT
Depression in the manufacturing sector in Nigeria has persistently continued to perpetuate without final curtailment and viable lasting solution. The study assessed the inventory management tools for manufacturing organisation in Kaduna State with the view of finding the immense role of an effective inventory management tool to the successful operation in manufacturing organisation in Kaduna State. Data were collected basically from primary sources through questionnaire and interview. Descriptive statistics and inferential statistics form the basis for presenting and analysing the data. The study found that most of the manufacturing organisations in Kaduna State use the quantitative tools for inventory management. Based on this finding, the study recommends that manufacturing organisations should periodically review their inventory policy and make decisions in respect of adhering to the incorporated tool or make a change. The study recommends that there should be consistence in the adoption of inventory management tool. The study, also, recommends that adequate protection should be provided to manufacturing organisations by the government. Further more, the study recommends that relevant incentives should be provided to manufacturing organisations to enhance then operations.
TABLE OF CONTENT
Title page- – – – – – – – – i
Approval page – – – – – – – -ii
Dedication – – – – – – – – -iii
Acknowledgement – – – – – – – -iv
Abstract – – – – – – – – – -v
Table of content – – – – – – – -vi
CHAPTER ONE
INTRODUCTION – – – – – – – -1
1.0 Background of the study – – – – -1
1.1 Statement of the problem – – – – -5
1.2 Purpose of the study – – – – – -6
1.3 Significance of the study – – – – -8
1.4 Research questions – – – – – -9
1.5 Scope of the study – – – – – – -10
CHAPTER TWO
LITERATURE REVIEW – – – – – – -11
CHAPTER THREE
Research methodology – – – – – – -39
Design of study – – – – – – – -40
CHAPTER FOUR
Presentation, analysis and interpretation of data – -48
CHAPTER FIVE
Summary of findings – – – – – – -60
Conclusion – – – – – – – – -61
Recommendations – – – – – – – -62
Suggestions for further research – – – – -64
References – – – – – – – – -65
Appendix I – – – – — – – – -68
Questionnaire. – – – – – – – -69
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