ABSTRACT
This study captioned an appraisal of Inventory Management and
Valuation in manufacturing companies in Nigeria. A Study of
Nigeria Breweries Plc 9th Mile Corner embarked upon with the view
to critically appraising the efficiency of inventory management and
valuation in demerits as it concerns manufacturing companies.
Reliably, manufacturing companies cannot exist without stocks.
Therefore, it is good for every meaningful manufacturing company
to take record of its stock. This is because a little deviation form the
appropriate way of stock valuation and management will lead to
material wastes, reduction in profit and loss of goodwill.
Specifically, the aims of this study are; (i) to appraise the
management of inventories in terms of merits and demerits as it
concerns manufacturing companies and Nigeria Breweries in
particular (ii) to ascertain the extent of application of stock valuation
methods in manufacturing companies (iii) to ascertain the effect of
various stock valuation methods on the reliability of the financial
statement (iv) to determine the effects of poor storage spaces, under
or over-stocking and non-store record keeping. It is also the
objective of this study to make suggestions in a view to helping to
solve the problems.
