ABSTRACT
The study investigated the effect of inventory control on the performance manufacturing companies in Nigeria. To achieve this objective, the study specifically investigated the effect Inventory Turnover (IT) on Return on Equity (ROE), effect of Inventory Turnover on Return on Asset (ROA), effect of Inventory Turnover on Gross Profit Margin (GPM) on manufacturing companies in Nigeria. The study restricted its scope to the period 2008-2017 and data used for the study was adopted from the Nigeria Breweries pie, Annual Report. The simple regression method was employed as the analytical tool. Findings show that Inventory Turnover proxy for Inventory control has a negative relationship with both ROA and GPM with ROE being insignificant and GPM significant. However, IT has a positive relationship with ROE and there is moderate positive correlation between (ROA and ROE) and a weak positive correlation between GPM and IT The study recommends that manufacturing companies should adopt and emphasize on effecting and efficient inventory cost management practices as well as deploying modern technology for effective inventory cost management.
OGBONNAYA, U (2021). Inventory Control And The Performance Of Manufacturing Companies In Nigeria (With Nigeria Breweries, As Case Study). Mouau.afribary.org: Retrieved Oct 31, 2024, from https://repository.mouau.edu.ng/work/view/inventory-control-and-the-performance-of-manufacturing-companies-in-nigeria-with-nigeria-breweries-as-case-study-7-2
UM, OGBONNAYA. "Inventory Control And The Performance Of Manufacturing Companies In Nigeria (With Nigeria Breweries, As Case Study)" Mouau.afribary.org. Mouau.afribary.org, 03 Jun. 2021, https://repository.mouau.edu.ng/work/view/inventory-control-and-the-performance-of-manufacturing-companies-in-nigeria-with-nigeria-breweries-as-case-study-7-2. Accessed 31 Oct. 2024.
UM, OGBONNAYA. "Inventory Control And The Performance Of Manufacturing Companies In Nigeria (With Nigeria Breweries, As Case Study)". Mouau.afribary.org, Mouau.afribary.org, 03 Jun. 2021. Web. 31 Oct. 2024. < https://repository.mouau.edu.ng/work/view/inventory-control-and-the-performance-of-manufacturing-companies-in-nigeria-with-nigeria-breweries-as-case-study-7-2 >.
UM, OGBONNAYA. "Inventory Control And The Performance Of Manufacturing Companies In Nigeria (With Nigeria Breweries, As Case Study)" Mouau.afribary.org (2021). Accessed 31 Oct. 2024. https://repository.mouau.edu.ng/work/view/inventory-control-and-the-performance-of-manufacturing-companies-in-nigeria-with-nigeria-breweries-as-case-study-7-2