ABSTRACT: This project is a case study of inventory management functions as it practiced in seven – up Bottling Company PLC Aba.The research is an in – depth study of the situation at the ompany, in face of the prevailing conditions of non – availability of raw materials, scarcity of funds and general economic uncertainties in the nation.Chapter one gives the background information and operational definition of terms used in the study. And also, the research hypothesis, which was later tested in chapter four, was disclosed in this chapter. Chapter two is a review of the basic concepts, theories and practices in the management of inventory. Chapter two also contained the definition of inventory management of and the existing benefits to inventory management.In chapter three, there was a discussion on the method used in collecting and analyzing data collected, which is actually presented and analyzed in chapter four. In chapter five, the concluding chapter, the findings were evaluated in the course of the project and made due recommendation such as the maintenance of optimum stock level in the company.
TABLE OF CONTENTS
CHAPTER ONE
- Introduction 1
- Purpose of the study 13
- Statement of problem 14
- Research Hypothesis 15
- Significance of the study 16
- Scope and Limitations of the study 17
- Definitions of terms 18
CHAPTER TWO
REVIEW OF RELATED LITERATURE
- Definition 23
- Benefits 42
CHAPTER THREE
RESEARCH DESIGN AND METHODOLOGY
- Study Area 50
- Sources of Data 50
- Methods of Investigation 51
CHAPTER FOUR
PRESENTATION OF ANALYSIS OF DATA
- Presentation and analysis data 54
- Test of Hypothesis 82
CHAPTER FIVE
SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATION 94
- Findings 94
- Conclusion 99
Bibliography 104
Appendices 106
CHAPTER ONE
1.1 INTRODUCTION
Inventory in some big organization constitute the largest item of working capital and it’s control is very essential. The management’s of inventory have always been essential function of financial managers and are increasingly becoming a specialist function.