0704-883-0675     |      dataprojectng@gmail.com

THE ROLE OF INVENTORY MANAGEMENT IN SUPPLY CHAIN OPTIMIZATION

  • Project Research
  • 1-5 Chapters
  • Quantitative
  • Simple Percentage
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: Available
  • Recommended for : Student Researchers
  • NGN 3000

Abstract: THE ROLE OF INVENTORY MANAGEMENT IN SUPPLY CHAIN OPTIMIZATION

The objective of this study is to explore the role of inventory management in supply chain optimization, focusing on its impact on inventory levels, cost reduction, and service levels. A survey design is employed due to its effectiveness in collecting data from a diverse population. A sample size of 300 respondents is derived using Taro Yamane's formula to ensure representativeness. The case study is conducted in Kano, targeting a retail company known for its effective inventory management practices. The reliability coefficient score of 0.85 indicates high reliability. Findings suggest that effective inventory management significantly enhances supply chain optimization by maintaining optimal inventory levels, reducing costs, and improving service levels. Recommendations include adopting advanced inventory management systems and continuously monitoring inventory performance.





Related Project Materials

PROBLEMS AND PROSPECTS OF JUDICIAL ADMINISTRATION IN NIGERIA

BACKGROUND OF THE STUDY

The Nigerian political history dated back to the pre-colonial era. The various&...

Read more
EVALUATION OF MORTGAGE BANKING AND ITS IMPACT ON NIGERIANS ECONOMIC DEVELOPMENT PROGRAMMES

BACKGROUND OF THE STUDY

Housing is one of the Importance factors that determine Urban forms and constit...

Read more
A DETAILED DESIGN AND IMPLEMENTATION OF A COMPUTERIZED AUDITING SYSTEM FOR A FINANCIAL INSITITUTION

ABSTRACT

The documentation management system in most audit firms no doubt, has a difficult task in today’s competi...

Read more
EFFECTS OF STIMULATION GAMES ON ATTITUDE AND PERFORMANCE IN MICROORGANISMS AMONG SECONDARY SCHOOL STUDENTS

ABSTRACT

This study was carried out to determine the “effects of Simulation game on Attitude and...

Read more
EPIDEMIOLOGICAL STUDY OF UROGENITAL SCHISTOSOMIASIS IN APPARENTLY HEALTHY AND HIVINFECTED FEMALES IN JOS, PLATEAU STATE, NIGERIA

Abstract

This study is aimed at determining the status, prevalence and significance of female urogenital schistosomiasis (FUGS) in schist...

Read more
INVESTIGATION OF LIQUIDITY MANAGEMENT IN MANUFACTURING INDUSTRIES

ABSTRACT

The topic liquidity management in manufacturing industries is the inflow and outflow of liquid...

Read more
CAUSES OF STUDENT'S DIFFICULTIES IN LEARNING BASIC SCIENCE IN JUNIOR SECONDARY SCHOOLS

ABSTRACT

This is a research into causes of student’s difficulty in learning basic science in Juni...

Read more
ASSESSMENT OF POLICE BRUTALITY IN NIGERIA (A CASE STUDY OF ENDSARS PROTEST)

BACKGROUND OF THE STUDY

Police brutality has occurred all across the globe and continues to be a seriou...

Read more
DESIGN AND IMPLEMENTATION OF COMPUTERIZED STUDENTS IDENTITY CARD SYSTEM

Aim and Objectives of the Study

The aim of the study is to design and implement workable computerized system for student...

Read more
THE LEVEL OF POLITICAL PARTICIPATION IN RURAL AREAS

Abstract

The findings of this research indicate that, majority of respondents based on age are between age range of twen...

Read more
Share this page with your friends




whatsapp