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The impact of effective and efficient stock control in a manufacturing organization
Abstract
This study focuses on the impact of effective and efficient stock control in a manufacturing company particularly references to Coca-cola Nigeria Plc. Effective and efficient stock control involves assessing this item to be held on stock deciding what and when to stock, regulating the issues of stock from the storehouse. From the data collected, it has been observe that there is a great need for an effective and efficient stock control in order to give rise to the organization productivity and at same time reduce or completely eliminate redundancy and obsolesces of materials, knowing fully well that these stock represents money and has a direct relationship with the profitability and liabilities of our firms.…
