IMPACT OF INVENTORY CONTROL ON ORGANIZATIONAL PRODUCTIVITY: A STUDY OF DANGOTE CEMENT COMPANY (DCC) GBOKO BENUE STATE

Student: Lauretta Rita Atsenokhai
Supervisor: Mr Yahaya Isa Mohammed
HOD: Mr Sampson Hassan Maku
Department of Business Administration and Management
School of Administration and Business Studies
Isa Mustapha Agwai I Polytechnic, Lafia, Nasarawa State

Abstract

This study examines the Influence of Inventory Control on organizational productivity using Dangote Cement Company Gboko, Benue State as a case study. There has been inefficiency and uncharted inconsistence to address challenges associated with inventory control. The creation and maintenance of optimum inventory is very essential for continuity of production, fuller utilization of men and machines and ability to meet specific customers demand in time. A survey research was conducted with a purposive non-probability sampling technique. The instrument of data collection and measurement was well-structured and standardized questionnaire and five point weighted scale. The statistical tool used for data analysis and test of research hypotheses was one sample t-test. The results of the analysis indicate that inventory control has a significant positive impacts on the performance parameters of organizations and therefore contributes to economic production quantity and quality of Dangote Cement Company Gboko products at budgeted costs and scheduled time to customers and hence profitability of manufacturing firms. The study therefore, recommends institution of robust strategy and policy framework for effective inventory control and its sustainability for continuous improvement of organizational performance.

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