{"product_id":"inventory-procurement-and-control-systems-von-stella-okoroafor","title":"Inventory Procurement and Control Systems","description":"\u003cp\u003eMost firms in Nigeria have submerged for reasons of   poor stock management ranging from sourcing,   procuring, vetting of procured orders, acceptance of   orders and scrap disposal.Poor stock management is   the cause of the submersion of the manufacturing   companies. For any Industry to be profitable, there   should be a proper inventory procurement and a good   control system.Effective productivity depends on   effective inventory in terms of quantity and   quality. Inventory stocked may attain different   levels: maximum reorder and minimum levels. A   company that aims at remaining effectively   productive would always place orders the moment the   reorder level is reached. The effect of this is that   breakdowns in productions and stockouts of inventory   would be a reality. Monthly stock taking always   assists the company to readjust the arrival of   inventory in a production. For a manufacturing   Industry to be effective, an integrative system of   checking movement of inventory among department   should be established and enhanced. Proper attention   should be given to inventories needed by the company   to prevent overstocking and understocking.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783844386660\"\u003e\u003ch3\u003eAn Evaluation of the Effectiveness of Inventory Procurement and Control Systems in Manufacturing Industries\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783844386660","offer_id":39494475153501,"sku":"9783844386660","price":49.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/68878097-da74-416e-9eab-c8bdd88f8142.jpg?v=1759294519","url":"https:\/\/shop.autorenwelt.de\/products\/inventory-procurement-and-control-systems-von-stella-okoroafor","provider":"Autorenwelt Shop","version":"1.0","type":"link"}