ABSTRACT
The role of efficient stock control
in manufacturing industries is inestimable due to the fact it contributes
greatly to the profitability of the firm. The reason why most firms experience
break in production, lack of raw materials which often leads top inability of
the firm to meet customers demand is due to ineffective and inefficient stock
control of the firm. Stock control has a direct role to play in productivity of
a firm in order to establish a high level of profit being posted by
manufacturing firms and other related business. This research work is based on
the importance of stock control in manufacturing industries in Abia State in
which PZ Industries Plc, Aba is a case study. The researcher consulted relevant
text, literatures written by experts that related to the topic been carrying
out also both primary and secondary data were used in analysis and testing of
the hypothesis with the use of simple percentage and chi-square in analyzing
the problem of stock control as it affect manufacturing firms. Population of 60
were observed after which 52 were chosen as the sample size in analysis and
presentation the data collected from the field work. This research work
segmented into five chapters. Chapter one introduced and defined the
objectives, statement of problem and scope of the research. Chapter two tried
to review the related literatures. In chapter three, the research methodology,
was defined while the data were presented, analyzed and result discussed in
chapter four. The summary of findings, conclusion and recommendation were made
in chapter five. The findings of the study showed that efficient stock control
increases profitability and productivity of any firm. Hence, there is a
significant relationship between adequate stock control and profitability.
However, more awareness needs to be created on knowledge of stock control in
the manufacturing industries general and PZ industries Plc, Aba in particular.
NKEMAKOLAM, O (2021). The Importance Of Stock Control In Manufacturing Industries (A Case Study Of PZ Industries Plc, Aba, Abia State). Mouau.afribary.org: Retrieved Nov 02, 2024, from https://repository.mouau.edu.ng/work/view/the-importance-of-stock-control-in-manufacturing-industries-a-case-study-of-pz-industries-plc-aba-abia-state-7-2
OBINNA, NKEMAKOLAM. "The Importance Of Stock Control In Manufacturing Industries (A Case Study Of PZ Industries Plc, Aba, Abia State)" Mouau.afribary.org. Mouau.afribary.org, 22 Jul. 2021, https://repository.mouau.edu.ng/work/view/the-importance-of-stock-control-in-manufacturing-industries-a-case-study-of-pz-industries-plc-aba-abia-state-7-2. Accessed 02 Nov. 2024.
OBINNA, NKEMAKOLAM. "The Importance Of Stock Control In Manufacturing Industries (A Case Study Of PZ Industries Plc, Aba, Abia State)". Mouau.afribary.org, Mouau.afribary.org, 22 Jul. 2021. Web. 02 Nov. 2024. < https://repository.mouau.edu.ng/work/view/the-importance-of-stock-control-in-manufacturing-industries-a-case-study-of-pz-industries-plc-aba-abia-state-7-2 >.
OBINNA, NKEMAKOLAM. "The Importance Of Stock Control In Manufacturing Industries (A Case Study Of PZ Industries Plc, Aba, Abia State)" Mouau.afribary.org (2021). Accessed 02 Nov. 2024. https://repository.mouau.edu.ng/work/view/the-importance-of-stock-control-in-manufacturing-industries-a-case-study-of-pz-industries-plc-aba-abia-state-7-2