Impact Of Inventory Management And Control Strategy On Organizational Performance (A Study Of Horizon Fibre Nigeria Plc Portharcourt, Rivers State):- Ezeibe, Chidinma J.
ABSTRACT
The study
investigated the impact of inventory management and control on organizational
performance. The major. objectives of ·the study are to determine the
relationship between inventory management and control strategy on
organizational performance, to examine the relationship between inventory management
and organizational productivity and to ascertain the challenges of inventory
management and control in organization. To achieve the objectives of the study,
survey research design was adopted. The researcher adopted primary data in
getting the required information. In testing the hypotheses, correlation
coefficient was used. The popular ion of the study is made up of 300
respondents while the sample size is made up of 171 after adopting Taro Yamane
formula. The findings revealed that there is a significant relationship between
inventory management and control strategy on organizational performance. The
study also revealed that Inventory management has a significant impact on
organizational productivity. It was recommended that Companies should try by
all means to adhere to invemory polices made. A situation is a case whereby
materials or items are allowed to leave the stores without proper requisition.
this shows that the internal control is weak. In order to ensure that the
company adheres to inventory policies, under no circumstance should items of
inventory be allowed to leave stores without proper requisition.
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CHIDINMA, J (2023). Impact Of Inventory Management And Control Strategy On Organizational Performance (A Study Of Horizon Fibre Nigeria Plc Portharcourt, Rivers State):- Ezeibe, Chidinma J.. Mouau.afribary.org: Retrieved Oct 18, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-inventory-management-and-control-strategy-on-organizational-performance-a-study-of-horizon-fibre-nigeria-plc-portharcourt-rivers-state-ezeibe-chidinma-j-7-2
JANE, CHIDINMA. "Impact Of Inventory Management And Control Strategy On Organizational Performance (A Study Of Horizon Fibre Nigeria Plc Portharcourt, Rivers State):- Ezeibe, Chidinma J." Mouau.afribary.org. Mouau.afribary.org, 31 Oct. 2023, https://repository.mouau.edu.ng/work/view/impact-of-inventory-management-and-control-strategy-on-organizational-performance-a-study-of-horizon-fibre-nigeria-plc-portharcourt-rivers-state-ezeibe-chidinma-j-7-2. Accessed 18 Oct. 2024.
JANE, CHIDINMA. "Impact Of Inventory Management And Control Strategy On Organizational Performance (A Study Of Horizon Fibre Nigeria Plc Portharcourt, Rivers State):- Ezeibe, Chidinma J.". Mouau.afribary.org, Mouau.afribary.org, 31 Oct. 2023. Web. 18 Oct. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-inventory-management-and-control-strategy-on-organizational-performance-a-study-of-horizon-fibre-nigeria-plc-portharcourt-rivers-state-ezeibe-chidinma-j-7-2 >.
JANE, CHIDINMA. "Impact Of Inventory Management And Control Strategy On Organizational Performance (A Study Of Horizon Fibre Nigeria Plc Portharcourt, Rivers State):- Ezeibe, Chidinma J." Mouau.afribary.org (2023). Accessed 18 Oct. 2024. https://repository.mouau.edu.ng/work/view/impact-of-inventory-management-and-control-strategy-on-organizational-performance-a-study-of-horizon-fibre-nigeria-plc-portharcourt-rivers-state-ezeibe-chidinma-j-7-2