Impact of Effective Inventory Management and Control on Growth of Manufacturing Firms: A Study of Pz Cussons PLC Aba, Abia State
ABSTRA
CT
The study
examined the impact of effective inventory management and control on growth of
manufacturing firms: a study of Pz Cussons Plc Aba, Abia state Nigeria. The objectives
of the study is to examine the nature of relationship between inventory
management and firm's effectiveness. to determine the impact of inventory
management on firm's productivity and lo evaluate the nature of correlation
between inventory management and firm's profitability. A set of structured
questionnaire was used as instrument for data collection and administered to
140 respondent which was randomly selected using Toro Yamane and 104 were duly
filled and returned. The data was then analyzed using SPSS version. The result
showed that inventory control has a positive but insignificant relationship
with firm productivity. The main finding of this study is that inventory
management and proxy variables show a strong positive relationship with firm productivity.
The study therefore conclude that firms integrated efforts of top management
and other staff is required to achieve adequate inventory control and hence
firm's productivity. Furthermore, the study recommends that there is a need for
a PZ Cussons Ple Aba to continuously train inventory managers and supervisors
to enhance manpower and improve the know ledge, skills and altitude required by
employees to perform adequately and promote organizational productivity.
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ASHIMOLE, F (2023). Impact of Effective Inventory Management and Control on Growth of Manufacturing Firms: A Study of Pz Cussons PLC Aba, Abia State. Mouau.afribary.org: Retrieved Nov 24, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-effective-inventory-management-and-control-on-growth-of-manufacturing-firms-a-study-of-pz-cussons-plc-aba-abia-state-7-2
FAUSTINA, ASHIMOLE. "Impact of Effective Inventory Management and Control on Growth of Manufacturing Firms: A Study of Pz Cussons PLC Aba, Abia State" Mouau.afribary.org. Mouau.afribary.org, 15 Sep. 2023, https://repository.mouau.edu.ng/work/view/impact-of-effective-inventory-management-and-control-on-growth-of-manufacturing-firms-a-study-of-pz-cussons-plc-aba-abia-state-7-2. Accessed 24 Nov. 2024.
FAUSTINA, ASHIMOLE. "Impact of Effective Inventory Management and Control on Growth of Manufacturing Firms: A Study of Pz Cussons PLC Aba, Abia State". Mouau.afribary.org, Mouau.afribary.org, 15 Sep. 2023. Web. 24 Nov. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-effective-inventory-management-and-control-on-growth-of-manufacturing-firms-a-study-of-pz-cussons-plc-aba-abia-state-7-2 >.
FAUSTINA, ASHIMOLE. "Impact of Effective Inventory Management and Control on Growth of Manufacturing Firms: A Study of Pz Cussons PLC Aba, Abia State" Mouau.afribary.org (2023). Accessed 24 Nov. 2024. https://repository.mouau.edu.ng/work/view/impact-of-effective-inventory-management-and-control-on-growth-of-manufacturing-firms-a-study-of-pz-cussons-plc-aba-abia-state-7-2