THE IMPACT OF EFFICIENT INVENTORY MANAGEMENT IN HOSPITALITY INDUSTRIES

ABSTRACT

As the topic states “The impact of effective inventory management in a hospitality industry” one will then assay that impromptu, manufacturing / hospitality industries, face a lot of inventory management problems. This is the around head of what the researcher tried to bring to force, to examine and analyze the possible causes to this problem.

The writer also defined the concept “Inventory management” and traced its origin and usage of methods applicable to its effective management. A step was also taken to suggest solutions by making constructive recommendations aimed at addressing the raised.

Some of the problems associated with inventory management are unavailability of raw materials; determination of optimum level of stock, as well as discrepancy between policy and practice in stock management.

In-depth research was conducted and the study retracted the need for management of inventory and its attendant benefits in chapter five.

TABLE OF CONTENTS

Preliminary section pages

Title page

Approval page

Dedication

Acknowledgement

Table of contents

List of tables

Abstract

CHAPTER ONE

1.0 Introduction

1.1 Background of the study

1.2 Statement of problems

1.3 Purpose of the study

1.4 The scope of the study

1.5 Research questions

1.6 Research hypothesis

1.7 Significance of the study

1.8 Definition of terms

CHAPTER TWO

REVIEW OF LITERATURE

2.1 Stock management and importance

2.2 Economic order quantity

2.3 Establishment of stock level

2.4 Stock valuation method

2.5 Summary of reviewed related literature

CHAPTER THREE

3.0 Research methodology

3.1 Research design

3.2 Area of study

3.3 Population of the study

3.4 Sample and sampling procedure

3.5 Instrument for data collection

3.6 Validation of the instrument

3.7 Reliability of the research instrument

3.8 Method of data collection

3.9 Method of data analysis

CHAPTER FOUR

4.0 DATA PRESENTATION AND RESULTS

4.1 Data presentation and results

4.2 Summary of results

CHAPTER FIVE

DISCUSSION, IMPLICATION AND RECOMMENDATION

5.1 Discussion of results

5.2 Conclusion

5.3 Implication of the research result

5.4 Recommendation

5.5 Suggestions for further research

5.6 Limitation of the study

References

Appendices

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APA

T0gOSTL5c0005cdc49c47.77861884, Q. (2018). THE IMPACT OF EFFICIENT INVENTORY MANAGEMENT IN HOSPITALITY INDUSTRIES. Afribary. Retrieved from https://beta.afribary.com/works/the-impact-of-efficient-inventory-management-in-hospitality-industries-2389

MLA 8th

T0gOSTL5c0005cdc49c47.77861884, QQXlA1z5c0005cdbe9d75.44641593 "THE IMPACT OF EFFICIENT INVENTORY MANAGEMENT IN HOSPITALITY INDUSTRIES" Afribary. Afribary, 29 Jan. 2018, https://beta.afribary.com/works/the-impact-of-efficient-inventory-management-in-hospitality-industries-2389. Accessed 28 Apr. 2025.

MLA7

T0gOSTL5c0005cdc49c47.77861884, QQXlA1z5c0005cdbe9d75.44641593 . "THE IMPACT OF EFFICIENT INVENTORY MANAGEMENT IN HOSPITALITY INDUSTRIES". Afribary, Afribary, 29 Jan. 2018. Web. 28 Apr. 2025. < https://beta.afribary.com/works/the-impact-of-efficient-inventory-management-in-hospitality-industries-2389 >.

Chicago

T0gOSTL5c0005cdc49c47.77861884, QQXlA1z5c0005cdbe9d75.44641593 . "THE IMPACT OF EFFICIENT INVENTORY MANAGEMENT IN HOSPITALITY INDUSTRIES" Afribary (2018). Accessed April 28, 2025. https://beta.afribary.com/works/the-impact-of-efficient-inventory-management-in-hospitality-industries-2389

THE IMPACT OF EFFICIENT INVENTORY MANAGEMENT IN HOSPITALITY INDUSTRIES

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