Abstract
The purpose of this study was to determine the relationship that exists between inventory control techniques and operation of medium scale enterprises in Calabar Municipality Local Government Area of Cross River. To achieve this purpose, four specific objectives were stated, four research questions asked and four null hypotheses formulated to guide the study. The descriptive survey design was adopted for the study. The population of the study comprised 1078 medium scale business owners. A sample size of 400 respondents was systematically selected for the study. The questionnaire which was validated by three validates was used to collect data for the study. The data collected was subject to test using the Pearson Product Moment Correlation (PPMC) at 0.05 level of significance. Based on the statistical evaluation, it was revealed that periodic review system, economic ordering quantity, continuous stocktaking and activity-based costing principles relate significantly with operation of small and medium scale enterprises. It was recommended among others that proper stock should be kept by business operators.