The Role of Inventory Management on the Nigeria Brewery Industry

The Role of Inventory Management on the Nigeria Brewery Industry

Project / Seminar Material
Reference ID: PS-14595-TM

DEDICATION

This research material titled “The Role of Inventory Management on the Nigeria Brewery Industry” is dedicated to God for his enabling grace, and to all computer enthusiasts who contributed to make life a pleasant experience during my research documentation.

ACKNOWLEDGEMENT

I extend my sincere gratitude to all those who contributed to the completion of this project. Special thanks to my Supervisor (Name of your Supervisor), the Head of Department (Name of your HOD), the Lecturers in the department of Business Administration and Management (BAM), Book Authors and Profound Scholars of existing or related project material on “The Role of Inventory Management on the Nigeria Brewery Industry” for their invaluable guidance, support, and expertise throughout the journey.

I am also grateful to your study area (mention any funding organizations, if applicable) for their financial assistance. This research would not have been possible without the encouragement and assistance of some stakeholders (mention any mentors, teachers, or colleagues). Additionally, I would like to acknowledge the understanding and patience of my family and friends during this endeavor. Your unwavering support has been a constant source of motivation. Thank you all for being part of this meaningful endeavor.

TABLE OF CONTENTS

PRELIMINARY PAGES

CHAPTER ONE

INTRODUCTION

    CHAPTER TWO

    LITERATURE REVIEW

    • 2.1 Introduction
    • 2.2 Conceptual Review
    • 2.3 Theoretical Framework
    • ⋮
    • 2.4 Empirical Studies

    CHAPTER THREE

    RESEARCH METHODOLOGY

    • 3.1 Introduction
    • 3.2 Research Design
    • 3.3 Population of Study
    • 3.4 Sampling and Sampling Technique
    • 3.5 Validation of Research Instrument
    • 3.6 Method of Data Collection
    • 3.7 Method of Data Analysis
    • 3.8 Questionnaire Administration
    • 3.9 Ethical Consideration
    • 3.10 Statistical Analysis

    CHAPTER FOUR

    DATA ANALYSIS, RESULT AND DISCUSSION

    • 4.1 Introduction
    • 4.2 Presentation and Analysis of Data
    • 4.3 Re-statement of Research Questions
    • 4.4 Test of Hypotheses
    • 4.5 Discussion of Findings

    CHAPTER FIVE

    SUMMARY, CONCLUSION AND RECOMMENDATION

    • 5.1 Introduction
    • 5.2 Summary of Findings
    • 5.3 Conclusion
    • 5.4 Recommendation
    • 5.5 Suggestion for Further Study

    REFERENCES

    APPENDIX A - “QUESTIONNAIRE”

    ABSTRACT

    The examination of the role of inventory management is the sole aim of this project work. To make the work more apprehendable and comprehendible a particular organization is chosen as case study. This company is known as NIGERIA BREWERY INDUSTRY 9TH MILE CORNER, ENUGU.

    The aims of organizations are reviewed as a having the objective of either profit maximization or rendering of efficient optimum service of which the case study company is out for both. This project work intends to bring into light inventory functions as an activity or means of achieving these objectives via or through its immense contribution to organizations.

    The research work introduce inventory functions, its general back ground statement of general problem. It treasure review on the various authors on the subject matter on theoretical background were produce by the researcher.

    The Role of Inventory Management on the Nigeria Brewery Industry

    CHAPTER ONE

    1.0 Introduction

    Inventory management is the science based art of controlling the amount of stock held in various form within as business to meet economically the demand placed upon that business it is thus a machinery used by brewery industry to determine the optimal level of stock to hold at specific periods of time depending on certain such as cost minimization and / or anticipated price increase.

    The need for inventory arises because of the dynamic nature of the environments within which the brewery industry exist. According to Patterson and Silver, in an ideal situation where the demand upon a business is known exactly and in advanced where supplies arrives when due, there would be little need for any inventory at the end of financial periods.

    In practices however, the demand is not known in advance and suppliers could arrive either early or late as the case may be and this brings about the need for inventories to act as a butter between the vagaries of demand and supply.

    Patterson and Silver expressed the need for effective management of inventory according to them inventories by a brewery as expressed associated with inventory management often form a substantial amount of the total expenditures incurred by any brewery. This also stated that inventories determined the extent to which purchasing manufacturing and distribution activities of any brewery could be rationalized to ultimately provide competitive customer service.

    1.1 Background Of The Study

    In late 20’s many business sectors in U.S.A experienced great slumps. These were as a result of materials or stock management. In effective it was during this period that some businessmen coined the statement “stock are the grave yard of a business”. This statement means that is with her stock is bound to face some financial hitches which may in effect, grind the business wheel to halt.

    …

    CHAPTER TWO

    2.0 Literature Review

    2.1 Introduction

    This chapter focuses on the review of related literature. A literature review includes the current knowledge as well as theoretical and methodological contributions to a particular topic. It documents the state of the art with respect to the topic you are writing. It surveys the literature in the topic selected. In this research work the literature review includes the …

    Summary Headlines for The Role of Inventory Management on the Nigeria Brewery Industry