Abstract
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Inventory management is the most important part of any business especially for manufacturing companies. This research work reports
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the findings on inventory management and its impact on Nigerian Breweries Aba. It specifically examined the
relationship between inventory management and company’s performance.Record analysis of relevant data was obtained from the company’s annual report and journals from 2010 to 2014.The relationship between the inventory management and company performance was determined based on profit before tax (PBT), turnover, and return on assets (ROA) using regression analysis. The research found that inventory management has significant impact on the performance of a firm. The study also proved that there was a significant relationship between profits before tax (PBT), turnover (TO). But no significant effect on return on asset (ROA) and inventory management. Therefore, the researcher in this study suggests that inventory management can improve Profitability and turnover of manufacturing companies. Recommendations for future study were also discussed.
TABLEOF CONTENTS
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AbstractCHAPTER ONE: INTRODUCTION
1.1 Background of the Study...........................................................................
1.2 Statement of Problem................................................................................ 4
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1.3 Objective of the study............................................................................... 6
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1.4 Research Questions................................................................................... 6
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1.5 Research Hypothesis................................................................................. 7 justify;line-height:150%;mso-pagination:lines-together;page-break-after:avoid;
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1.6 Significance of the study........................................................................... 7 text-indent:0in;line-height:150%;mso-pagination:lines-together;page-break-after:
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1.7 Scope of the Study.................................................................................... 8
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1.8 Definition of Terms.................................................................................. 9CHAPTER TWO: REVIEW OF RELATED LITERATURE 150%;tab-stops:.5in right dotted 6.5in">
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2.1 General Overview of Nigeria Breweries................................................... 11
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2.2 Concept of Inventory.............................................................................. 12 150%;tab-stops:.5in right dotted 6.5in">
line-height:150%;font-family:" times="" new="" roman",serif"="">2.2.1 Types of Inventory ................................................................................. 14
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line-height:150%;font-family:" times="" new="" roman",serif"="">2.2.2 Reasons for Inventory............................................................................. 16
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2.3 Inventory Management........................................................................... 18 justify;line-height:150%;tab-stops:.5in right dotted 6.5in">
2.3.1 Inventory levels ..................................................................................... 19
150%;font-family:" times="" new="" roman",serif"="">2.3.2 Inventory Costs ...................................................................................... 20
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2.3.4 Customer satisfaction............................................................................... 20
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2.4 Inventory Management Techniques......................................................... 22
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2.4.1 Economic Order Quantity (EOQ) Model.................................................. 22
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2.4.2 Just in time (J.I.T) .................................................................................. 24
150%;font-family:" times="" new="" roman",serif"="">2.4.3 The Action Level Methods of Inventory Management ............................. 24
150%;font-family:" times="" new="" roman",serif"="">2.5 Theoretical Framework .......................................................................... 25
150%;font-family:" times="" new="" roman",serif"="">2.5.1 Relationship Marketing Theory.............................................................. 25
2.5.2 Assimilation Theory .............................................................................. 26
150%;font-family:" times="" new="" roman",serif"="">2.6 Empirical Review................................................................................... 27
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CHAPTER THREE: " times="" new="" roman",serif"="">RESEARCH METHODOLOGY
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line-height:150%;font-family:" times="" new="" roman",serif"="">3.1 Research Design ................................................................................... 31
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line-height:150%;font-family:" times="" new="" roman",serif"="">3.2 Area of the Study ................................................................................... 31
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3.3 Sources of Data ..................................................................................... 31
150%;font-family:" times="" new="" roman",serif"="">3.4 Data Analysis Technique........................................................................ 32
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150%;font-family:" times="" new="" roman",serif"="">CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS 150%;tab-stops:.5in right dotted 6.5in">
line-height:150%;font-family:" times="" new="" roman",serif"="">4.1 Data Presentation.................................................................................... 34
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line-height:150%;font-family:" times="" new="" roman",serif"="">4.2 Data Analysis......................................................................................... 34
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4.3 Test of hypothesis .................................................................................. 34 justify;line-height:150%;tab-stops:.5in right dotted 6.5in">
4.3.1 Test of hypothesis One............................................................................. 35 justify;line-height:150%;tab-stops:.5in right dotted 6.5in">
4.3.2 Test of hypothesis Two............................................................................ 36 justify;line-height:150%;tab-stops:.5in right dotted 6.5in">
4.3.3 Test of hypothesis Three.......................................................................... 374.4 Discussion of result ................................................................................ 38
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CHAPTER
FIVE: " times="" new="" roman",serif"="">SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATIONS
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5.2 Summary of Findings.............................................................................. 39 0in;margin-left:.25in;margin-bottom:.0001pt;text-indent:-.25in;line-height:
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5.3 Conclusion............................................................................................. 39 background:transparent">
5.3 Recommendations.................................................................................. 40 justify;line-height:150%;tab-stops:.5in right dotted 6.5in">
5.3 Limitation of the Study........................................................................... 41
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References....................................................................................................... 42