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
COMPUTER TECHNOLOGY AND MEDIA PRACTICE IN NIGERIA
Abstract
This research basically looks critically at computer technology and media practice in Nigeria focusing on Akwa...
BENEFITS OF EARLY CHILDHOOD EDUCATION IN FOSTERING RESPECT FOR DIVERSITY
ABSTRACT: This research investigates the benefits of early childhood education in fostering respect for diversity among young children. Object...
IMPACT OF POPULATION GROWTH ON THE NIGERIA ECONOMY
ABSTRACT
It is said that the population of any country c...
ASSESSING THE IMPACT OF TEACHING AIDS FOR EFFECTIVE TEACHING AND LEARNING OF HOME ECONOMICS IN SENIOR SECONDARY SCHOOLS
ABSTRACT
This study was set to achieve certain objectives among which are to assess the impact of teach...
PUBLIC ACCOUNTING FOR SMALL AND MEDIUM-SIZED ENTERPRISES (SMEs)
PUBLIC ACCOUNTING FOR SMALL AND MEDIUM-SIZED ENTERPRISES (SMEs)
ABSTRACT
This study evaluates the application...
THE EFFECT OF CONTRACT PLANNING ON CONSTRUCTION PROJECT PERFORMANCE
Abstract
This study examines contract planning on construction projects from clients’ perspective and its effects...
THE DETERMINANT OF SAVINGS IN NIGERIA (1985-2011)
ABSTRACT
The term savings refers to the part of income immediately spent or consumed but reserved for futureconsumption, investment or un...
THE ROLE OF EARLY CHILDHOOD EDUCATION IN FOSTERING CURIOSITY
ABSTRACT: The role of early childhood education in fostering curiosity is cruci...
THE ROLE OF FUND ACCOUNTANTS IN INVESTMENT VALUATION
Abstract: THE ROLE OF FUND ACCOUNTANTS IN INVESTMENT VALUATION
This study aims to: (1) analyze the critical role of fund accountants in i...
IMPACT OF TEACHING PRACTICE ON THE PRODUCTIVITY OF QUALITY TEACHERS
ABSTRACT
Teaching profession is one of many professions that specifically deals with the growth and dev...
