EXTENT OF APPLICATION OF INVENTORY MANAGEMENT PRACTICES BY STORES OFFICERS IN PUBLIC TERTIARY EDUCATIONAL INSTITUTIONS IN SOUTH-EAST NIGERIA

EXTENT OF APPLICATION OF INVENTORY MANAGEMENT PRACTICES BY STORES OFFICERS IN PUBLIC TERTIARY EDUCATIONAL INSTITUTIONS IN SOUTH-EAST NIGERIA

TABLE OF CONTENTS

Title Page                                                                                  i

Declaration                                                                                ii

Approval Page                                                                           iii

Dedication                                                                                  iv

Abstract                                                                                     vi

Table of Contents                                                                      vii

CHAPTER ONE: INTRODUCTION

1.1    Introduction                                                 1

1.2  Background of the study       3

1.3    Statement of the General Problem                                  4

1.4    Objective of the study                                                       5

1.5    Significance of the study                                                  5

1.6    Statement of hypothesis                                                   6

1.7    Scope of the study                                                             6

1.8    Limitation of the study                                                     7

1.9    Definition of terms                                                            7

CHAPTER TWO: LITERATURE REVIEW

2.0    Introduction                                                                      9

2.1    Review of related literature                                             9

2.2    Theoretical framework

2.3    Summary of review                                                           33

CHAPTER THREE: RESEARCH METHODOLOGY

3.1    Introduction                                                                      35

3.2    Research design                                                                35

3.3    Area of study                                                                    35

3.4    Population of the study                                                    36

3.5    Sample size                                                                       36

3.6    Instrument for data collection                                          36

3.7    Reliability of the instrument                                            37

3.8    Validity of the Instrument                                               38

3.9    Method of data Collection                                                 38

3.10  Method of Data Analysis                                                  39

CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS

4.1    Introduction                                                                      41

4.2    Characteristics of the respondents                                   41

4.3    Presentation of Data Analysis                                         43

4.4    Discussion of Findings                                                     48

4.5    Summary of findings                                                        49

CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATIONS

5.1    Summary                                                                          51

5.2    Conclusion                                                                        52

5.3    Recommendation                                                              53

Biography                                                                         54

Appendix                                                                           56

Abstract:
Effective inventory management is crucial for the smooth operation of any organization, including public tertiary educational institutions. Inventory management practices play a vital role in ensuring that the right quantity of materials is available at the right time, minimizing costs, and improving overall operational efficiency. This study aims to assess the extent of application of inventory management practices by stores officers in public tertiary educational institutions in South-East Nigeria.

The research follows a quantitative approach, utilizing a survey questionnaire to collect data from stores officers responsible for inventory management in public tertiary educational institutions. The questionnaire focuses on various aspects of inventory management, including demand forecasting, procurement, storage, stock control, and record-keeping.

The sample for this study consists of stores officers from a selection of public tertiary educational institutions in the South-East region of Nigeria. Data analysis will be conducted using statistical techniques such as frequency analysis, descriptive statistics, and inferential statistics.

The findings of this study will provide valuable insights into the current state of inventory management practices in public tertiary educational institutions in South-East Nigeria. It will help identify areas of strength and weakness in inventory management and highlight potential areas for improvement. The results can assist institutions in developing strategies to enhance inventory management practices, leading to better resource utilization, cost reduction, and improved service delivery.

Keywords: inventory management practices, stores officers, public tertiary educational institutions, South-East Nigeria, demand forecasting, procurement, storage, stock control, record-keeping.

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