2020
DOI: 10.5430/jms.v11n2p41
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Inventory Control and Financial Performance of Listed Conglomerate Firms in Nigeria

Abstract: Inventory constitutes the substantial portion of the cost of production of firms. Conglomerate firms faced a challenge pf dwindling return due to the huge cost of production of which inventory constitute the larger portion. Studies have shown that effective inventory management which entails forecasting, acquisition, transportation, inspection, material handling, storing, warehousing, suppliers’ management and inventory security are germane in reducing the cost of production to the barest minimum and enhance t… Show more

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