Effective Inventory Control As A Means Of Improving The Profitability Of Manufacturing Firm In Nigeria (a Case Study Of Emenite Nigeria Limited, Emene, Enugu).

1.0 INTRODUCTION 1.1 BACKGROUND OF THE STUDYInventory control refers to the management function concerned with the acquisition, storage, handling and usage of inventory, so as to ensure availability of inventory when needed, provide adequate cushion for contingencies and denying maximum economic benefits and at the same time minimizing wastage and losses. Independently, inventory purse can be defined as a quality of goods or maternal in the control of the enterprises and hold for a time in its relatively idle or unproductive state, awaiting its intended use or sale. It is equally identifi…