THE NEED FOR EFFICIENT STOCK MANAGEMENT IN THE MANUFACTURING COMPANY (A CASE STUDY OF ANAMBRA AUTOMOBILE MANUFACTURING COMPANY, EMENE ENUGU)

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ABSTRACT

TOPIC: The need for efficient stock management in a manufacturing company. A case study of Anambra Automobile manufacturing company (ANAMMCO) Emene Enugu State.

The efficient stock management of available resources as a pre-requisite to a stable and healthy growth of every company, this is a foundation for survival of the company in a competitive market. And for this is to be achieved, eventually is one of the resources concerned the management of various company are always in a dilemma as far as this stock management is concerned. The problem then is whether to wild stock too low or too high, too large or too little, any of the alternatives affects the profitability of the company.

Therefore the problem of inventory management revolves around the determination of or maintaining an optimal level of inventory. The optimal stock varies from one company to anther depending on the nature and volume of operation. This problem prompted the researcher into stock management in a manufacturing company.

The study is designed to study how effectively country is being managed in the company and to find out the likely consequences of over-stocking and under-stocking. The study is also to examine the factors that influence the stock of raw materials in the company.

This research work will be carried out in three departments of the company. They are production, accounts and store departments.

To really determine the effectiveness of inventory management in the company the researcher employed both primary and secondary method of data collection. The primary data involves oral/personal method of investigation and questionnaires, while secondary data involves data extracted from text books, past projects and journals. Some major finding shows that over investment and under investment has adverse effects on the company and therefore affects the profit earning of the company.

Then from the results of the analysis other findings were obtained and recommendation and conclusion were also reached.

TABLE OF CONTENTS

Title

Approval

Dedication

Acknowledgement

Abstract

Table of content

CHAPTER ONE

1.0 Introduction

1.2 Background of the study

1.3 Statement of the problem

1.4 The importance of study

1.5 Definition of important of term

Reference

CHAPTER TWO

2.0 Literature review

2.1 The origin of the subject area

2.2 Schools of thought within the subject area

2.3 The school of thought relevant to the problem of study

2.4 Different methods of studying the problem

2.5 Summary

Reference

CHAPTER THREE

3.0 Data presentation (highlights of the study)

3.1 Analysis of the data

3.2 Recommendation

3.3 Conclusion

References

Bibliography

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THE NEED FOR EFFICIENT STOCK MANAGEMENT IN THE MANUFACTURING COMPANY (A CASE STUDY OF ANAMBRA AUTOMOBILE MANUFACTURING COMPANY, EMENE ENUGU)

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