ST. MARY€SUNIVERSITY
                  SCHOOLOFGRADUATESTUDIES
         ASSESSMENTON INVENTORYMANAGEMENTANDSTOCKCONTROL
          PRACTICES: THECASE OFETHIOPIANELECTRICUTILITY,ADDIS
                       ABABA REGIONS
                      BY: LEMMAGIRMA
                                         MAY, 2016
                                 ADDIS ABABA, ETHIOPIA
          ASSESSMENTON INVENTORYMANAGEMENTANDSTOCK
          CONTROLPRACTICES: THECASE OFETHIOPIANELECTRIC
                 UTILITY, ADDIS ABABAREGIONS
                    BY: LEMMAGIRMA
                    IDNO:SGS/0473/2007A
            ATHESISSUBMITTEDTOST.MARY€SUNIVERSITY,
         SCHOOLOFGRADUATESTUDIESINPARTIALFULFILLMENTOF
         THE REQUIREMENTSFORTHEDEGREEOFMASTEROFBUSINESS
                    ADMINISTRATION
                                        MAY,2016
                                ADDISABABA,ETHIOPIA
            ST. MARY€SUNIVERSITYSCHOOL OFGRADUATESTUDIES
                     FACULTY OFBUSINESS
           ASSESSMENTON INVENTORYMANAGEMENTANDSTOCKCONTROL
            PRACTICES: THECASE OFETHIOPIANELECTRICUTILITY,ADDIS
                        ABABA REGIONS
                       BY: LEMMAGIRMA
                      IDNO:SGS/0473/2007A
                  APPROVEDBYBOARDOFEXAMINERS
       Dean, Graduate Studies      Signature
       Advisor                     Signature
       External Examiner           Signature
       Internal Examiner           Signature
                        Tableof Contents
        Contents                            Page
         CHAPTER ONE:INTRODUCTION....................................................................................1
        1.1 Background of the study......................................................................................................1
        1.2 Background of organization.................................................................................................3
        1.3 Statement of the problem.....................................................................................................5
        1.4 Research Questions…………………………………………………..................................7
        1.5 Objective of the study..........................................................................................................8
           1.5.1 General Objective .................................................................................................8
           1.5.2 Specific Objective.................................................................................................8
        1.6 Definitions of Terms............................................................................................................8
        1.7 Significance of the study......................................................................................................9
        1.8 Scope of the study................................................................................................................10
           1.8.1 Content scope........................................................................................................10
           1.8.2 Geographic scope..................................................................................................10
         CHAPTERTWO:REVIEWOFTHERELATEDLITERATURE......................................12
        2.1. The concepts of inventory management.............................................................................12
        2.1.1. Types of Inventory...........................................................................................................14
        2.1.2. Elements of Inventory Management ...............................................................................15
        2.2. Objectives of Inventory Management ................................................................................16
        2.3. Costs Related to Inventor Management .............................................................................17
        2.4 Stock Control....................................................................................................................... 18
        2.4.1 Introduction.......................................................................................................................18
                            i