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Inventory Control as an Effective Decision-Making Model and Implementations for Company’s Growth

Received: 21 August 2015     Accepted: 13 September 2015     Published: 26 September 2015
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Abstract

The purpose of this study is to carry out research to analyse factors involved in inventory control decision process and its implementation for company’s growth. The research is to be carried out through secondary data available in the perspective of the topic. The research centered on the concepts of inventory control decision-making process, and a detailed reports of different businesses implications of inventory control decision making process and its influence in company’s growth and survivals in competitive environment. The theoretical details of the research assess some examples of some companies that have successfully achieved inventory control, which leads to minimum cost implications for holding inventory.

Published in International Journal of Economics, Finance and Management Sciences (Volume 3, Issue 5)
DOI 10.11648/j.ijefm.20150305.18
Page(s) 465-472
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2015. Published by Science Publishing Group

Keywords

Management, Inventory, Control and Company

References
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[12] Schwartz, J. D., & Rivera, D. E. (2010). A process control approach to tactical inventory management in production-inventory systems. International Journal of Production Economics, 125(1), 111-124. Retrieved from: http://www.sciencedirect.com/science/article/pii/S0925527310000216.
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  • APA Style

    Talatu Muhammad Barwa. (2015). Inventory Control as an Effective Decision-Making Model and Implementations for Company’s Growth. International Journal of Economics, Finance and Management Sciences, 3(5), 465-472. https://doi.org/10.11648/j.ijefm.20150305.18

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    ACS Style

    Talatu Muhammad Barwa. Inventory Control as an Effective Decision-Making Model and Implementations for Company’s Growth. Int. J. Econ. Finance Manag. Sci. 2015, 3(5), 465-472. doi: 10.11648/j.ijefm.20150305.18

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    AMA Style

    Talatu Muhammad Barwa. Inventory Control as an Effective Decision-Making Model and Implementations for Company’s Growth. Int J Econ Finance Manag Sci. 2015;3(5):465-472. doi: 10.11648/j.ijefm.20150305.18

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  • @article{10.11648/j.ijefm.20150305.18,
      author = {Talatu Muhammad Barwa},
      title = {Inventory Control as an Effective Decision-Making Model and Implementations for Company’s Growth},
      journal = {International Journal of Economics, Finance and Management Sciences},
      volume = {3},
      number = {5},
      pages = {465-472},
      doi = {10.11648/j.ijefm.20150305.18},
      url = {https://doi.org/10.11648/j.ijefm.20150305.18},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20150305.18},
      abstract = {The purpose of this study is to carry out research to analyse factors involved in inventory control decision process and its implementation for company’s growth. The research is to be carried out through secondary data available in the perspective of the topic. The research centered on the concepts of inventory control decision-making process, and a detailed reports of different businesses implications of inventory control decision making process and its influence in company’s growth and survivals in competitive environment. The theoretical details of the research assess some examples of some companies that have successfully achieved inventory control, which leads to minimum cost implications for holding inventory.},
     year = {2015}
    }
    

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    T1  - Inventory Control as an Effective Decision-Making Model and Implementations for Company’s Growth
    AU  - Talatu Muhammad Barwa
    Y1  - 2015/09/26
    PY  - 2015
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    T2  - International Journal of Economics, Finance and Management Sciences
    JF  - International Journal of Economics, Finance and Management Sciences
    JO  - International Journal of Economics, Finance and Management Sciences
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    AB  - The purpose of this study is to carry out research to analyse factors involved in inventory control decision process and its implementation for company’s growth. The research is to be carried out through secondary data available in the perspective of the topic. The research centered on the concepts of inventory control decision-making process, and a detailed reports of different businesses implications of inventory control decision making process and its influence in company’s growth and survivals in competitive environment. The theoretical details of the research assess some examples of some companies that have successfully achieved inventory control, which leads to minimum cost implications for holding inventory.
    VL  - 3
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Author Information
  • Department of Business Administration and Entrepreneurship, Faculty of Social and Management Science, Bayero University, Kano, Nigeria

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