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STRATEGIES FOR EFFECTIVE STORE MANAGEMENT OPERATION IN INDUSTRY (A CASE STUDY OF VITAMALT PLC AGBARA)

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STRATEGIES FOR EFFECTIVE STORE MANAGEMENT OPERATION IN INDUSTRY (A CASE STUDY OF VITAMALT PLC AGBARA)

TABLE OF CONTENTS

Title page                                                                 i

Certification                                                             ii

Dedication                                                               iii

Acknowledgement                                                    iv

Table of contents                                                     v

Abstract                                                                   vi

CHAPTER ONE

1.0   Background of the study

1.1   Introduction

1.2   Statement of the problem

1.3   Objectives of the study

1.4   Significance of the study

1.5   Scope and limitations of the study

1.6   Definition of terms.

CHAPTER TWO

2.0   Review of related literature

2.1   Introduction

2.2   Inventory control/management strategies

2.3   Store house operation

2.4   Stock valuation

2.5   Method and techniques of inventory control

2.6   Categories of stock

2.7   Material requirement planning control system

CHAPTER THREE

3.0   Research methodology

3.1   Sources of data collection used

3.2   Questionnaire

3.3   Population and sample size

3.4   Limitations

CHAPTER FOUR

4.0   General findings

4.1   Historical background of vitamalt plc. Lagos.

4.2   Store manager

4.3   Function of the store manager

4.4   Method/strategies adopted by vitamalt to manage stores

4.5   Data presentation and analysis

CHAPTER FIVE

5.0   Summary and conclusion

5.1   Summary of findings

5.2   Recommendation

5.3   Conclusion

Bibliography

ABSTRACT

This research work focused on strategies for effective store management operation in industry, taking   study of Vitamalt PLC Agbara, the research revealed that  out  of the characteristics of Vitamalt are taste, odour, brand, packaging and price; all equal  significant  effect on the preference of the beer  product consume; Vitamalt is meant for both children and adult which give them strength.

CHAPTER ONE

1.0   BACKGROUND OF THE STUDY

1.1   INTRODUCTION

Human being cannot live without the heart pumping blood all over the body. The same is to a producing firm it cannot perform without the existence of store. Therefore, the store is regarded as the pumping organ of a production firm as well as the bedrock of a producing organization and other department that exist under the organization.

The word “STORE” connotes a place where materials that are not consumed immediately are kept for future consumption or used. While “STRATEGIES” means procedure in planning and directing of the whole operation in the campaign or policies, hence store with material management

1.2   STATEMENT OF THE PROBLEM

The vitamalt plc, which specialize in the manufacturing of vitamalt drinks. Due to the increasing demand of quality soft drinks by individuals and co-operate bodies which leads to the expansion of the present lines were embarked upon to increase the output. Therefore, the increase in the purchase of raw material and modern machinery made provision for the extension of store system into sub-store to meet demand from different production lines. In most cases, the vitamalt plc run out of stock because of some raw materials for production.

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