An Appraisal of Inventory Control and Management in Manufacturing Industries: Nigerian Experience

Muhammad Usaini; Hassan Abdulrahman

An Appraisal of Inventory Control and Management in Manufacturing Industries: Nigerian Experience

Muhammad Usaini * §

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Hassan Abdulrahman

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§ Federal University Gusau

An Appraisal of Inventory Control and Management in Manufacturing Industries: Nigerian Experience

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Abstract

This research was undertaken to explore the nature of efficient inventory control and management, focusing on Hamdala Sweet factory ltd., for manufacturing industries. The study aims to examine and recognize the areas of the company’s lapses and provide successful ways and strategies in which the manufacturing company can explore the inventory management service to achieve its goals. Adopted used different research instruments such as questionnaires and oral interviews in the conduct of this study to collect data from respondents, and a simple random sampling to select a sample size of 50. For this work, the statistical instrument used is chi-square. Based on the study, it found that inventory management in the manufacturing company plays a vital role. Well-functional inventory management following the recommendations will lead to proper management, thereby improving appropriate and productive production and ensuring equally effective, efficient and sufficient use of the manufacturing company’s materials and resources.

References

7 Cites in Article

Reference Format

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Muhammad Usaini, Hassan Abdulrahman. 2021. "An Appraisal of Inventory Control and Management in Manufacturing Industries: Nigerian Experience". Global Journal of Management and Business Research, Global Journal of Management and Business Research - D: Accounting & Auditing GJMBR-D Volume 21 (GJMBR Volume 21 Issue D1).

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GJMBR Volume 21 Issue D1

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords

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Classification

GJMBR-D Classification JEL Code: M41

F65

Submission ReceivedApril 11, 2021
Peer Review Double Blind
Handling Editor
Accepted May 5, 2021
Published May 15, 2021

Version of record

v1.2

Issue date

July 9, 2021

Language

English

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