English
French
PortugueseDIRECTORY OF OPEN ACCESS JOURNAL
Published Article
INVENTORY CONTROL MEASURES FOR OPERATIONAL EFFICIENCY OF SMALL SCALE BUSINESS IN IKOT EKPENE METROPOLIS OF AKWA IBOM STATE
ABSTRACT
This paper determined the inventory control measures for operational efficiency of small scale businesses. Two objective, two research questions and two hypotheses guided the study. A survey research design was adopted. Fifty registered small scale businesses were randomly selected for the study. The researcher designed a four point rating scale of questionnaire and was used for collection of information and data for analysis. A reliability index of .83 was obtained using Cronbach Alpha statistical tool. The data collected was process with the use of Statistical Package for Social Science (SPSS). The research questions were answered using descriptive statistics, while the null hypothesis were answered using t-test analysis. The hypotheses were tested at .05 level of significance. The results showed a positive influence of inventory control practices on operational efficiency of small scale businesses in Ikot Ekpene metropolis. The study concluded that batch and vendor-managed inventory are important indices for the successful operations and growth of small scale business. It was recommended that: Owners of small scale businesses should employ staffs that have good knowledge and skills of inventory measures as a key staff to enhance efficiency of business operation.
Keyword: Batch, Vendor-managed Inventory and small scale business
Akpan, Udeme Isaac
Download Article
Latest Articles
- ADOPTION OF AI FOR SEARCH OF ENTREPRNUERIAL BUSINESS OPPORTUNITIES
- ADOPTION OF AI IN AGRICULTURAL ACTIVITIES: THE PROSPECTS AND CHALLENGES TO FARMERS AND TEACHERS IN AKWA IBOM STATE
- INVENTORY CONTROL MEASURES FOR OPERATIONAL EFFICIENCY OF SMALL SCALE BUSINESS IN IKOT EKPENE METROPOLIS OF AKWA IBOM STATE.
- THE COMPARATIVE ANALYSIS OF THE EFFECT OF MEDIA TYPES ON THE ADVERTISMENT OF PRODUCTS AND SERVICES IN UYO METROPOLIS
- HEPATOSOMATIC AND GONADOSOMATIC INDICES OF HYBRID CATFISH (HETEROBRANCHUS LONGIFILIS × CLARIAS GARIEPINUS) UNDER DIFFERENT FEEDING LEVELS AND STOCKING DENSITIES
- INVENTORY CONTROL MEASURES FOR OPERATIONAL EFFICIENCY OF SMALL SCALE BUSINESS IN IKOT EKPENE METROPOLIS OF AKWA IBOM STATE
Why Choose GASPRO?
GASPRO - a Multidisciplinary Peer Reviewed Journal is a peer reviewed, open access international journal. Notably, it is a referred, highly indexed, monthly, online international journal with high impact.
Submit ManuscriptCALL FOR PAPERS
03 Mar 2026
INTERNATIONAL JOURNAL OF CURRENT INNOVATIONS IN EDUCATION
11 Aug 2026
INTERNATIONAL JOURNAL OF MUSIC AND PERFORMING ARTS
15 Sep 2026
INTERCONTINENTAL JOURNAL OF EDUCATION SCIENCE AND TECHNOLOGY
08 Jun 2026
ERUDITE JOURNAL OF LINGUISTICS AND LANGUAGES