ABSTRACT
In modern times, there is need for manufacturing industries to keel proper account of inventory or stock level held by such companies. This is to enhance the efficiency in productivity. However, we could ask the question, what is inventory? Inventory would be defined as the item of property held as a stock by a firm, including finished goods held for sales, goods that will be consumed in the process of producing goods to be sold in business. The aim of this study is to highlight the inventory model to be adopted in the better management of inventory. It is also to investigate the effectiveness of inventory management and control and to examine the method of stock valuation with particular references to Nigeria Bottling company plc owerri plant.
It has been observed that out of many economic factors decreasing the production of goods and services are lack of adequate inventory control. To this effect, this report has gone a long way to suggest and recommend to all productive firms on how to improve on their inventory control in order to the present economic situation of our country. The justification for this study arises from the observation of rampart winding-up o f our industries and constant time to time production hold-up in our firms.
Although many people has suggested many other factors, such as the following, lack of capital inflation, poor educational and technical know-how, frauds and less demand of goods produced as a result of poverty. In conjunction with all these factors, this research shows that poor control of inventor contributes to about 50% of production failure in our firms. Meanwhile, this research has a view of controlling parameters which includes the maximum level of inventory, minimum level of inventory, Re-order level, Re-order quantity delivery period etc.
TABLES OF CONTENT
Cover page i
Front page ii
Approval page iii
Dedication iv
Acknowledgement v
Abstract vi
Table of contents vii
CHAPTER ONE
- Introduction
1
- Background of the study 3
- Statement of the problem 5
- Objectives of the study 6
- Research question 7
- Research hypothesis 7
- Delimitation of the study 8
- Significance of the study 9
- Operational definition of terms 10
CHAPTER TWO
- Literature
review 13
- Establishment of central bank of Nigeria 13
- Roles/functions of central bank of Nigeria 15
- Structure of the Nigerian financial sector 21
- The Nigeria financial markets 23
2.5 Monetary policies 27
2.6 The management of external reserves 28
CHAPTER THREE
- Research design and methodology 32
- Introduction 32
- Research design 33
- Sources/method of data collection 34
- Sample technique 36
- Population 37
- sample size 38
CHAPTER FOUR
- Presentation and analysis of data                      39
- Introduction                                                   39
- Presentation of data                                               39
- Analysis of data                                              41
- Analysis research question                               45
- Interpretation of result                                    47
CHAPTER FIVE
- Summary, Conclusion and Recommendation 48
- Summary of findings 48
- Conclusion 49
- Recommendation 50
- Limitation of the study 50
Bibliography 52
Appendix 53
      Questionnaire                                                 54