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For any organization to be successful, it will take the issue of efficient stock control serious. It has been stated clearly that the need for efficient stock control in any organization is necessary. Therefore, management of any organization should know that inefficiency procurement of materials can seriously affect the financial health of the organization resulting to its closure. Purchasing as has earlier stated is the hub of any business organization. so to decentralize the function of purchasing is to deny a firm some of its potential profits. But centralization of purchasing function is essential for the attainment of both optimum operating efficiency and maximum profitability. A company’s purchase should motivate its stock control with other staff. Finally, if this procedures is followed, purchasing objective will be ensures it term of obtaining material of the right quality and right quality of the material from the right source, at the right time and place for effective stock controlling. Therefore, this research concentrates on the need for efficient stock control in an organization and suggested possible ways to improve efficient stock control in any organization.
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The abstract section provides a concise summary of the Need For Efficient Stock Control In An Organization, including the issue statement, methodology, findings, and conclusion
The introduction section introduces the Need For Efficient Stock Control In An Organization by offering background information, stating the problem, aims, research questions or hypotheses, and the significance of the research
The literature review section presents a review of related literature that supports the current research on the Need For Efficient Stock Control In An Organization, systematically identifying documents with relevant analyzed information to help the researcher understand existing knowledge, identify gaps, and outline research strategies, procedures, instruments, and their outcomes
The conclusion section of the Need For Efficient Stock Control In An Organization summarizes the key findings, examines their significance, and may make recommendations or identify areas for future research
References section lists out all the sources cited throughout the Need For Efficient Stock Control In An Organization, formatted according to a specific citation style