THE EFFECTIVENESS OF STOCK VALUATION IN A MANUFACTURING INDUSTRY (A CASE STUDY OF MAIDUGURI FLOUR MILLS LIMITED BORNO STATE.)

ABSTRACT The project examines the effectiveness of stock valuation in a manufacturing industry. case a flour mills limited Boron State. The broad objective of this study is to analyse the strengths and weakness of traditional and modern valuation techniques. Thereby identifying best practices for improving stock valuation in manufacturing companies. Questionnaire was used to gather information from the given area for a population 150 and sample and 80 comprising management staff and senior staff. Base on the finding stock market valuation implies that there is no enough storage facilities for Maiduguri flour mills the need to improve out, that the company does not keep any safety stock that the records of finished goods are maintain in the bin card for proper control. Therefore, base on the findings we made recommendation that the Maiduguri flour mills limited needs to expand their storage facilities in order to reduce the cost of frequent ordering and to ensure there is proper storage of finished goods, it is better, for the organization to buy three to four that, they will be using in transporting the raw material to Maiduguri at lower cost than commercial trucks there are using frequently.