IMPACT OF STOCK MANAGEMENT ON THE PERFORMANCE OF MANUFACTURING COMPANIES
Abstract
The research work was conducted to find out the impact of stock management on
the performance of manufacturing companies. A study of PZ Cussons Nigeria Plc,
Aba. The problem that led to this research is low productivity which could be seen
as when the stock (Raw materials) stays for more than expected period of time, if
expires and hence causes reduction on production. The design of the study is
survey research. The total population was the method of data collected was through
primary and secondary data collection. The chi-square (x²) was used to test the
hypothesis. The researcher found that there were factors affecting stock
management based on the findings of the study. The management should be
contained to maintain minimal. Total stock control and cost to maintain inventory
should be adopted in order increase the level of stock management.
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