AN ASSESSMENT OF INVENTORY MANAGEMENT TOOLS IN SOME SELECTED MANUFACTURING ORGANISATIONS IN KADUNA STATE
AN ASSESSMENT OF INVENTORY MANAGEMENT TOOLS IN SOME SELECTED MANUFACTURING ORGANISATIONS IN KADUNA STATE
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Date
2009-02
Authors
SULEIMAN, TAUHID
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Abstract
ABSTRACT
Depression in the manufacturing sector in Nigeria has
persistently continued to perpetuate without final curtailment and
viable lasting solution. The study assessed the inventory
management tools for manufacturing organisation in Kaduna State
with the view of finding the immense role of an effective inventory
management tool to the successful operation in manufacturing
organisation in Kaduna State. Data were collected basically from
primary sources through questionnaire and interview. Descriptive
statistics and inferential statistics form the basis for presenting and
analysing the data. The study found that most of the manufacturing
organisations in Kaduna State use the quantitative tools for inventory
management. Based on this finding, the study recommends that
manufacturing organisations should periodically review their inventory
policy and make decisions in respect of adhering to the incorporated
tool or make a change. The study recommends that there should be
consistence in the adoption of inventory management tool. The study,
also, recommends that adequate protection should be provided to
manufacturing organisations by the government. Further more, the
study recommends that relevant incentives should be provided to
manufacturing organisations to enhance then operations.
Description
DEPARTMENT OF ACCOUNTING
FACULTY OF ADMINISTRATION
AHMADU BELLO UNIVERSITY, ZARIA
Keywords
ASSESSMENT,, INVENTORY,, MANAGEMENT,, TOOLS,, SELECTED,, MANUFACTURING,, ORGANISATIONS., KADUNA,, STATE