The Impact Of Inventory Management Of The Profitability Of Small Scale Manufacturing Company ( A Case Study Of High Life Bakery Industry Aba)

ABSTRACT

Inventory play a major role in manufacturing companies. A close observation has suggested that adequate management of inventory may lead to increase in profits of manufacturing companie. Operaflnc managers and management as a whole should find inventory management a fruitful area for lowering overall operations cost and thereby inversing profitability of operations. The method of data collection adopted by the research is the questionnaires. The questionnaires were distributed on a random basis. The analysis was by means of percentages and frequency distribution of respondenis. The formula:ed hyjotheses were critically tested using the chi square (X2) statistical tool. In the course of the research, it was found not that all levels o management are concerned with management of inventory. That the company has a need laid and inventory information system, which alsn well integrated into the management information system.