- The Complete Research Material is averagely 50 pages long and it is in Ms Word Format, it has 1-5 Chapters.
- Major Attributes are Abstract, All Chapters, Figures, Appendix, References.
- Study Level: BTech, BSc, BEng, BA, HND, ND or NCE.
- Full Access Fee: ₦4,500
Get the complete project »
BACKGROUND OF STUDY
The American institutes of accountants defines the term inventory as “the aggregate of these items of tangibles properties which are held on sales in the ordinary course of business, are in process of production for such sale or one to be currently consumed in the production of goods or services to be available for saleâ€. Advanced accounts.
Inventories are the significant portion of most forms of assets which
accordingly requires substantial investment in order to keep these
inventories from becoming unnecessarily large, inventories must be
managed efficiently. In efficient procedures regarding inventory and
some  items of stocks, other overstock, necessitate excessive
investment. Inefficiencies ultimately will have an adverse effect upon
profits, thus the effect of  inventory control in flexibility and
level of investment required in categories represent two sides of the
same coin. These are various principles of inventory control which will
be viewed from the content of a profit oriented organization form which a
base can be formed for the title of the project.
In the modern business worlds, greater importances have been put to the control of inventory. Its concern in the management of inventory control must be to provide right goods in right condition at the right time. It implies that, the control procedure should be able to;
- retain appropriate stock levels
- Ensure proper use of stock in business operation.
- Ensure the inventory is duly accounted for.
- Safe guarding of stock against loss or misuse the management needs to ensure that adequate control procedures for purchasing and controlling of inventory in a way that optimum balance is obtained between efficient control and economy.
STATEMENT OF THE PROBLEM
Using information technology in inventory control is one of the most recent aspects of the modern business method. A lot of establishments engage diverse strategies to achieve accountability goal. The control problem of inventory control as it store and proper recondition of possible loss to a business through interruption of production or failure to meet other with the holding cost of stock large enough to give security against loss.
RESEARCH MORE ;inventory management and information technology,role of ict in oil and gas industry,role of information technology in oil and gas industry.
You either get what you want or your money back. T&C Apply
You can find more project topics easily, just search
-
SIMILAR BUSINESS MANAGEMENT FINAL YEAR PROJECT RESEARCH TOPICS
-
1. VANDALIZATION FACTOR AS A SOCIO-ECONOMIC DEVELOPMENT IN NIGERIA
» CHAPTER ONE INTRODUCTION 1.1 Background of the study theNigeria as an independent nation was characterized by good governance and the principle of sus...Continue Reading »Item Type & Format: Project Material - Ms Word | 60 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT
-
2. THE ROLE OF AN AUDITOR IN THE ACHIEVEMENT OF ORGANIZATIONAL OBJECTIVES ( A CASE STUDY OF NESTLE PLC)
» CHAPTER ONE INTRODUCTION Internal audit is an independent appraisal function established by the management of an organisation for the review of the ...Continue Reading »Item Type & Format: Project Material - Ms Word | 89 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT
-
3. WORK-FAMILY ROLE CONFLICT AND ORGANISATIONAL COMMITMENT AMONG INDUSTRIAL WORKERS IN NIGERIA
» CHAPTER ONE 1.0 Introduction Work family role conflict has become an important issue in the determination of organizational commitment. In recent year...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT
-
4. DEVELOPING AN ENTREPRENEURIAL ORGANISATION; A DRIVE FOR NATION BUILDING
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY Pinchot (1984) defined intrapreneurs as "dreamers who do. Those who take hands on responsibility ...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT
-
5. ASSESSMENT OF INDIGENEOUS ENTREPRENEURS IN INTERNATIONAL BUSINESS (A STUDY OF COAL- CAMP), ENUGU
» CHAPTER ONE INTRODUCTION 1 .1 Background to the Study The role of indigenous entrepreneurs in developing countries, Nigeria in particular is progressi...Continue Reading »Item Type & Format: Project Material - Ms Word | 75 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT
-
6. TIME MANAGEMENT AS A TOOL FOR HIGHER PRODUCTIVITY IN AN ORGANIZATION
» CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY The management of time is an issue which is fundamental to job performance. In the past, attention to...Continue Reading »Item Type & Format: Project Material - Ms Word | 80 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT
-
7. THE ROLE OF SMALL SCALE INDUSTRY IN THE DEVELOPMENT OF NIGERIA ECONOMY
» CHAPTER ONE INTRODUCTION 1.0 BACKGROUND OF THE STUDY Small scale industries have been in existence since time immemorial. They are earliest form of bu...Continue Reading »Item Type & Format: Project Material - Ms Word | 40 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT
-
8. THE IMPACT OF STRATEGIC HRM ON ORGANISATIONAL PERFORMANCE
» CHAPTER ONE 1.0 INTRODUCTION 1.1 BACKGROUND OF THE STUDY Strategic Human resources management (SHRM) is concerned with contributions human resource st...Continue Reading »Item Type & Format: Project Material - Ms Word | 59 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT
-
9. The Role Of Public Relations In A Corporate Organization (A Case Study Of Nitel Plc Enugu)
» ABSTRACT This work is aimed at looking into the role of public relations in corporate organizations in Enugu state. Emphasis in this work is laid on N...Continue Reading »Item Type & Format: Project Material - Ms Word | 54 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT
-
10. IMPACT OF TOTAL QUALITY MANAGEMENT ON CUSTOMERS' SATISFACTION AND BANK PROFITABILITY
» CHAPTER ONE 1.0 INTRODUCTION 1.1 BACKGROUND OF STUDY It was believed that a nation’s economy is at its financial system. The banking industry pe...Continue Reading »Item Type & Format: Project Material - Ms Word | 61 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT