The need for effective inventory planning and control in a manufacturing organization Department:Purchasing and Supply By: jessy03 Project ID: 3058 Rating: (3.1) votes: 16 Price:₦1000 Get the Complete MaterialAbstractThe need for effective inventory planning and control in a manufacturing organization is one of the most important areas to be discussed. This research work is in partial fulfillment of the requirement for the award of ordinary national diploma (ND) in purchasing and supply. Purchasing and supply is one of the management functions in a manufacturing organization which involves buying and selling of goods and also the management of stock. In a manufacturing organization where raw materials stock of finished goods and accessories are handled, the introduction of the need for effective inventory planning is necessary for probability and accountability to both the management and shareholders for the business whose interest, objectives and aims under which the business was establishment must be protected. ...Preview Download Preview +Other Purchasing and Supply project topics and materials you might be interested in»The impact of material management on organization productivity»The role of physical distribution function in a manufacturing company (A case study of 7up bottling company Aba) »The impact of new product development on performance of commercial banks in Nigeria (a case study of three banks in Owerri) »The need for effective stock control in an organization (a case study of Jacobs wine limited, Mgbidi)»Stock control: a tool for the attainment of organizational objectives in a manufacturing company (a case study of PZ industry Aba, Abia state) »The impact of manpower training and development on purchasing personnel in the manufacturing industry (a case study of PZ Cussons plc)»The need for efficient supply management in the public sector (a case study of ministry of finance Imo state)»The impact of the application of health and safety regulations in stores (a case study of consolidated brewery, Awo-Ommama) »The need for training and development of suppliers personnel in the public sector (a case study of ministry of agriculture and natural resources) »Effective purchasing planning as a cost reduction tool in the manufacturing industry»Impact of store functions on achieving organizational objectives»The roles of effective distribution channels on customers satisfaction»The impact of effective and efficient stock control in a manufacturing organization»Impact of stock taking as a control measure in a manufacturing company»The role and contribution of purchasing and supply in the profitability of an organization - a case study of Nigerian Bottling Company Plc, Owerri