ABSTRACT This research work on negotiation as a cost reduction tools on materials purchases a case study of Asaba Tex Nig. Ltd. The scope of this research work covers every activity which has to do with negotiation problems, background to the subject matter, rationale for the study and the limitations of the study. The research reviews the related literature about the topic under discussion by gathering from distinguished authors and scholars, facts and opinions the finding of this study thr...
A RESEARCH WORK PRESENTED TO THE SCHOOL OF BUSINESS STUDIES, DEPARTMENT OF PURCHASING AND SUPPLY MANAGEMENT TABLE OF CONTENT RESEARCH PROPOSAL TITLE PAGE DEDICATION ACKNOWLEDGMENT TABLE OF CONTENT CHAPTER ONE 1.0Introduction 1.1Background of the study 1.2Statement of problem 1.3Objective of the study 1.4Significance of study 1.5Research hypothesis 1.6Limitation of the study 1.7Definition of terms. CHAPTER TWO 2.0Literature review 2.1Purchasing (What is Entails) 2.2Types of ...
ABSTRACT The research stresses on the impact of IT in materials management. The efficient management of materials with IT partly accounts for high productivity. The report is divided into five sections. The first section deals with the background of the study in which the researcher elaborated on the basis and significance of the impact of IT in materials management as a core responsibility to the objectives of the organization. The main objective is to determine the extent to which informat...
INTRODUCTIONLeadership is an important aspect of managing: the ability to lead effectively is one of the keys to being an effective leader.It has been observed that whenever there is an organization a need for administration must exist.Leadership is therefore very essential in an organization. This is why leadership is emphasized in transport organization. The success of an organization depends largely upon the way and manner in which the leader or manager operates within the organization.The...
INTRODUCTION Material Management, as practiced in business today, can be defined as “a confederacy of traditional material activities bound by a common idea. The idea of an integrated management approach to planning, comersion flow and distribution of products materials form the raw materials state to the finished state. (Iornum, 2007). The above definition implies that material management is generally concerned with the flow of materials from the source of supply through the production lin...
ABSTRACT The topic under review is effect of specification on cost reduction. The study is conducted at the Essikado Government Hospital and sought to look at the way specification is done in the institution, the benefits it brings to the hospital as a whole in terms of cost reduction. Specific focus will be on management of the facility with greater emphasis on the stores and procurement department of the institution. The researcher will use both primary source of collecting information in...
ABSTRACTInternational trade and other economic activities between nationalities have greatly expanded in modern times. Movements of goods and services over great distances have made possible the consumption of such goods and services even in place or countries where they are not produced. The implication being and improve the standard of living for many. However, exporting countries and importing nations trace the enormous problems or exchange rates fluctuations. In this work an attem...
ABSTRACT In the course of study on the standardization of material input in Plastics Manufacturing Industries in Delta State (A case study of Unity Plastics Limited, Agbor Delta the researcher based on the analysis, interpretation of the data collected and final answer to the researcher questions made the following findings. It was discovered that the company undertakes standardization of materials input through that; the programmed is left in the hands of the production department with the h...
Abstract This research study is based on variety reduction as a tool for effective material control, a case study of Nigeria Bottling Company Plc. To understand the research work better, efforts was made at the introductory stage to explain the general importance of variety reduction with special consideration being placed on company especially Nigeria Bottling Company Plc, Kaduna. Also the general problem was also emphasized on such non recognition of the role of variety reduction on storage...
ABSTRACT There is significance in investigating the problems that surrounded the distribution of material management in marketing organization. Therefore, this extended essay attempts to examine the raw materials and scare, production has become complex and the number of goods strategies for improving the alternative sources are required and new product needed in distributing channels are being managed. We all know that goods/materials, cannot reach the ultimate consumer/industrial users with...
ABSTRACT This project work is centered on The Impact of material handling cost reduction effort in public institutions a case study of PHCN kaduna. It begins with the first chapter that deals with the background of the study which gives brief introduction about the subject matter under study. Statement of problem which is the reason why the researcher under take the study to exploit such problem and come up with recommendation which will be beneficial to the organisation and entire society....
ABSTRACT This project work is centered on role of souring in the achievement of profit objective of organization with a case study of Nigeria bottling company plc Kaduna. It begins with the first chapter which dealt with the background of the study, given a brief introduction about the subject matter under study. Statement of problem which is the reason why the research undertook the study to identify such problems and come up with recommendation which will be beneficial to the organization...
INTRODUCTION Doug Wallace, a Materials Management subject expert with Life Cycle Engineering [L.C.E] Consultancy Company Charleston, South Carolina; in a paper presentation titled “Maintenance and Reliability Inventory Management” gave an apt and practical illustration that underscores the need for inspection. He said, have you heard of the guys that burned up a brand new piece of rotating equipment because it was installed with no oil in it? That little oversight cost $80,000 for a re...
ABSTRACT Negotiation as a reduction technique in material procurement is to ensure that high cost incurred in material procurement is manage hence the negotiation is one of the tool in spend cost management to optimise profit in every organization. Lack of knowledge to some guide when negotiating by procurement manages lead to high cost of finished product and it makes the product not to compete well with its competitors in the market. The impact expected at the end of negotiation is to minim...