1.1 BACKGROUND OF THE STUDY
The company Aba Star paper mill limited, Aba where the researcher get
here enquires and also where she took the establishment as her case study on
the important of stock control in an organization is a commercial firm charged
with the responsibility of producing item such as books, tissues paper etc. in
the aspect of the functions of production and the importance of stock control
in the organization. The organization highly recognized the need for proper
care and control of stock materials, appointed this stores personnel and stock
materials, appointed this stores personnel and stores manager and also
established purchasing unit charged with the responsibility of super selection.
Procuring these materials, while the stores manager including his personnel are
charged with the responsibilities of storing inspection and developing systems
for effective identification, coding and classification for identifications.
The study of purchasing and supply management cannot be complete
without proper and importance of stock, control. The researcher took Aba star
paper mills limited Aba where she found out how the company makes sure of
proper control of stock in this establishment, it is the responsibility of the
store manager to control the stock that comes in but rather it is the duty of
all managers like purchasing manager, general manager, system manager and many
departmental managers.
The purpose of all these manager is to ensure that the importance of
stock control in a firm is properly taken care of, so as to minimize loss/waste
of materials
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