ABSTRACT
Evaluation of stock in manufacturing
company is aimed at examine and to understand major problems involved in stock
control and to related theses problems to stock control in manufacturing
product company.
In carrying out these project
research hypothesis was formulated which includes;
Ho: Stock control does not have
relationship on identifying research problems the profit of manufacturing.
However, on identifying research problems the researcher next point of thought
is data collection, which are related to the problem.
The
researcher source of data are through the primary source and secondary source.
The primary data source of collection was mostly appreciated in this research
work because of the following;
1.
The
exact information is obtained
2.
it
is more realistic and accurate than secondary.
However, in view of the findings base
on this project research the following is extracted.
i.
Stock
is properly controlled through the arrangement of warehouse
ii.
Different
situations require different policies. There is dynamic situation in company
policies
iii.
Financial
situation of company does not have effect in stock management.
In conclusion, stock control has been
the key success to many manufacturing firms whether small or large. Stock are maintained in order to reduce uncertainly
and total inventory of cost. Also inventory numerous functions. Inventory of
commodity therefore should be justified by benefits accruing from none or more
function served by inventory.
Lastly, the following recommendation
were made;
i.
The
arrangement of warehouse should be considered and done profitably so that cost
of storage
ii.
Appropriate
policies should be made and this can be done by considering the situation
because different situation needs different policies
iii.
It
is also paramount importance that the management should level in order to avoid
stock out and having excessive store of stock.
TABLE OF CONTENTS
Title Page i
Certification
ii
Dedication iii
Acknowledgements iv
Abstract v
Table vii
CHAPTER ONE
1.1 Introduction 1
1.2 Statement of Problems 2
1.3 Objective of the Study 3
1.4 Hypothesis Formulation 4
1.5 Research Questions 5
1.6 Significance of the Study 5
1.7 Scope and Limitation 6
1.8 Plan of Study 7
CHAPTER TWO
2.1 Literature Review 8
2.2 Motive of Holding Stock 9
2.3 Objectives
of Stock Holding 11
2.4 Categories of Stock 13
2.5 Relevant Costs for Stock Control 14
CHAPTER THREE
3.1 Research Methodology 16
3.2 Sources of Data Collection 16
3.3 Description of Research Instrument 17
3.4 Population 18
3.5 Research Design 19
3.6 Sample 19
3.7 Sampling Frame 20
3.8 Sampling Plan 20
CHAPTER FOUR
4.1 Data Analysis 21
4.2 Statistic
Analysis of the Questionnaire Dispersed is
as Follow 22
4.3 Testing and
Interpretation of Hypothesis 31
CHAPTER FIVE
5.1 Summary of Findings, Conclusion and
Recommendations 36
5.1.1 Summary of the Findings 36
5.2 Conclusion 37
5.3 Recommendations 38
References 40
CHAPTER ONE
1.1 INTRODUCTION
Most
manufacturing companies harvest a lot of money in stock like raw materials,
work – in – progress, finished goods and spare part whether as a result pf
deliberate policy or not. Therefore, there must be an effective and efficient
way or means of controlling such stocks.
Investment
becomes excessive, the result are high overhead cost, operation cost, decreased
production efficiency and capital tie down. On the other hand, if tFOR COMPLETE PROJECT
07064961036
0 Comments