ABSTRACT
The
need for holding material is inherent in any business organization. The space
of the material will be properly controlled and valued so that objective of
carrying or maintaining adequate stock levels at minimum cost can be realized.
Hence,
the study of material evaluation and control in a manufacturing firm like
Rokana Industry Plc has been grouped into the following sector to enhance the
success of the work.
The
introductory chapter deals with the meaning of material cold its components in
a manufacturing organization, as well as valuation. It also cover the method of
controlling material and the dangers cold advantages inherent in each of them.
Chapter
two examines the related texts that the project written was able to come
across. In this chapter, the study looked at the central of materials and the
method employed in so doing. It further examined the need for material, various
stock and methods of material valuation.
Considering
the nature of the study, and the company a lot of data were generated. Both
primary and secondary data were used it is based on this third chapter tiled
“Research methodology†stated the source of data collected, categorizing them
into primary and secondary.
The
former was achieved through the use of such instruments as introduction,
research, designs, questionnaire design, sampling and selection, other method
used such as observation and survey. Source of data and statistical techniques
used in analyzing the data.
In
chapter four, the data collected were presented, analyzed and interpreted.
Firstly, an introduction of the method, data collection followed by the results
of the interview concluded. The data were then analyzed and interpreted.
Finally,
chapter revealed the findings of summary made from the research, recommendation
were drawn and the conclusion were based on the findings with a view to
ensuring effective material valuation and control.
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