THE NEED FOR EFFECTIVE INVENTORY CONTROL IN A SERVICE ORGANIZATION; CHM

DepartmentPURCHASING AND SUPPLY

Amount₦5,000.00

ABSTRACT The need for holding inventories in any service organization is necessary. The space of the inventory will be properly controlled so that the object of carrying or maintaining adequate inventory lands at minimum cost can be realized the study therefore examined the system of inventory control and management in Imo concord Hotel Owerri considering the nature of the study and the organization a lot of data were generated from questionnaire administration and proposal interview conducted on staff of the organization. Based on the method of data collection the researcher found out that the system of inventory control is adequate in design and effective in operation as regards the determination of stick levels which could be attributed to the use of scientific method in determining the quantity and time to order. 




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