The Effect Of Inventory Management In The Viability Of A Company A Case Study Of Steel And Nails Manufacturing Industry

1.1 INTRODUCTION:  The viability of an organization ca be enhanced through an effective and efficient management of material resources.  Inventory control is a notable measure in managing material resources.  Management of resources covers every action taken from the procurement of the resources to their disposal.  Firms take certain measures towards preventing their stocks from being in shortage, pilferage and waste some of the measures are very effective while other are not.  In consideration of the scarcity raw materials, their exorbitant costs of procurement and ma…