INVENTORY MANAGEMENT IN MANUFACTURING INDUSTRIES: A CASE STUDY OF ZARIA PHARMACEUTICAL COMPANY LIMITED, ZARIA
INVENTORY MANAGEMENT IN MANUFACTURING INDUSTRIES: A CASE STUDY OF ZARIA PHARMACEUTICAL COMPANY LIMITED, ZARIA
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Date
1998
Authors
SHEHU, AUWALU
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Abstract
This disertation covered the inventory management in manufacturing industries: A case study
of Zaria Pharmaceutical Company Limited. Interviews were conducted to obtain the data meeded
which was complemented with taking a closer look at the records maintained by the company.
The essence is to excrminc to what extent the manufacturing industries have been applying
inventory management techniques and how it worked in practical terms. It was also geared towards
providing suggestions that will be of help to the company in improving the effective management
of her inventories.
Some Inventory management techniques like fore-casting methods, inventory control systems
were exermined. The findings revealed that no Scientific methods of Inventory management has
actually been put in practice but rather these has been more of the use of the rule of thumb in the
management of her inventories.
The firm is faced with some problems which to a great extent affects their ability to
effectively utilize the scicnctific methods and these includes, the general state of the economy,
foreign exchange problems.
As a result, I recommended the adoption of simple inventory models to minimise carrying
and ordering costs, provision of adequate transportation of the stock and a careful analysis of cost
especially the human and mechanical efforts
Description
A PROJECT SUBMITTED TO THE POSTGRADUATE SCHOOL
AHMADU BELLO UNIVERISTY, ZARIA; IN PARTIAL
FULFILLMENT OF THE REQUIREMENTS FOR THE AWARD
OF THE DEGREE OF MASTER OF BUSINESS
ADMINISTRATION (MBA)
DEPARTMENT OF BUSINESS ADMINISTRATION FACULTY
OF ADMINISTRATION AHMADU BELLO UNIVERSITY
ZARIA.
1998
Keywords
INVENTORY,, MANAGEMENT,, MANUFACTURING,, INDUSTRIES: