THE SIGNIFICANCE OF STOCK CONTROL TO EFFICIENT OPERATIONAL ACTIVITY OF BUSINESS ORGANIZATION (A CASE STUDY OF NIGERIAN BOTTLING COMPANY PLC ILORIN.)

TABLE OF CONTENTS

TITTLE PAGE

CERTIFCATION

DEDICATION

PROPOSAL

TABLE OF CONTENTS

CHAPTER ONE

Introduction

Historical background of the case study

Statement of the problems

Objectives of the study

Significance of the study

Scope of the study

Limitation and constraints

Hypothesis formulation

Definition of terms

Chapter two

2.1 literature review

Chapter three

Research methodology

Research approach

 Sources of data

Data collection tools

Research population and sample size

Sampling procedure employed

Method of data analysis

Chapter four

Presentation and testing of hypothesis

Chapter five

Summary of findings

Conclusion

Recommendations

References

Appendix

Chapter one

1.1 Introduction

        In recent time, stock control has been an important area in manufacturing organization. Both private and public sector make use of stock control for proper record of stock held in store.

        The store as set up in any organization to assist in the production of goods and services. The primary objectives of stock is to provide services to the operating department in an organization. These function include maintenance of a balanced flow of material components tools in order to meet operational requirement to receive and issue work in progress, finished products accept stock scraps and other discarded materials.

        Going by the above, there is need for strict stock control to ensure that the physical goods held in store house and stock yards for which proper records are kept.

It is important to note that stock in any organization has financial implication, because materials held in store represents money (i.e material is money). Almost large proportion that make up organization is capital went on materials. Therefore proper control is essential in an organization.

Moreover, the store manager must adopt modern stock control methods for effective operation of the store house.

1.2   Historical background of Nigerian bottling company.

        The Nigeria bottling company came into existence on may 8^th 1886, when the late A.G Leventis founded the company. It was the first in this country to be offered franchised by an international soft drink firm from a humble beginning as a family business, the company has grown to become a predominant bottles of non alchoholic beverages in Nigeria.

        The first plant which was sited in lagos state went into operation in march 1953. Coke was the first soft drink to have its own designed shaped bottles, wjich was different from the common trade bottles. In 1972.

        Some years after, the Ibadan plant was opened but later shutdown due to non availability of good water in Ibadan metropolis. Ilorin plant was mainly established to meet the needs of the people in Bida, Jebba, Ogbomosho, Okene, Oshogbo,Kontagura, Ijagbo, Offa, Lokoja and Ilorin metropolis.

The Ilorin plant has 8 managers.

The range of soft drink bottled by Nigerian bottling company plc (NBC), Ilorin plant produces the following soft drinks: Fanta orange, coke, sprite, Krest, bitter lemon, ginger Ale and Eva water. In terms of sales the company enjoys a wide acceptance of its products ranking Nigeria bottling company plc, as a whole. Its acceptance is higly appreciated.