Management in a Manufacturing Company A Case Study Of 7up Bottling Company Plc, Ilorin Plant, Kwara State

TABLE OF CONTENT

Title page                                                                                              i

Certification                                                                                           ii

Dedication                                                                                             iii

Acknowledgment                                                                                  iv

Table of contents                                                                                   vi

List of table                                                                                            x

CHAPTER ONE

1.1           Background of the study                                                              1

1.2           Statement of research                                                                   3

1.3           Research  objectives                                                                    4

1.4           Research question                                                                        5

1.5           Justification of study                                                                   5

1.6           Scope of the study                                                                       5

1.7           Historical background of the case study                                      6

1.8           Definitions of terms                                                                     8

 

CHAPTER TWO LITERATURE REVIEW

2.1     Concept of material management                                                 11

2.2     Types of materials                                                                        12

2.3     Materials control and handling                                                    13

2.4     Materials handling                                                                       14

2.5     Material Movement                                                                     16

2.6     Fore casting as an essential                                                          18

2.7     Material requirement planning                                                     19

2.8     Stores function                                                                            20

2.9     Stock control                                                                               23

2.9.1  Reason why organization hold stock                                            24

2.9.2  Economic order quantity                                                              28

2.9.3  Purchasing objectives and policies                                               30

CHAPTER THREE

3.0     Introduction                                                                                 33

3.1     Cooperation organization structure                                              33

3.2     Cooperate organization structure                                                 34

3.2.1  Population sample                                                                       35

3.2.2  Types of data                                                                               35

3.2.3  Source and method of data collection                                          36

3.3     Sampling procedure                                                                     37

3.3.1  Scope of data                                                                               37

3.3.2  Method of data analysis                                                               38

CHAPTER FOUR

4.0     Introduction                                                                                 39

4.1     Result and analysis of data                                                           39

4.2     Calculation of optimal order size for the raw materials                42

4.3     Calculation of optimal numbers of order for the raw materials     45

4.4     Calculation of optimal time between orders for the raw materials 46

4.5     calculation of optimal number of units of production run for

the company product                                                                   48

4.6     Calculation of optimal number of runs per year and time

between successive runs                                                              53

4.7     calculation of total inventory cost of raw materials using

economic-EOG model                                                                 57

4.8     Calculation of total inventory cost of finished products

using economic order quantity-EOG models.                              58

4.9     Calculation of cost saving effect of economic order quantity

-EOG model on inventory of raw materials                                  59

4.10   Calculation of cost saving effect of economic order

quantity-EOG model on inventory of finished production.          68

CHAPTER FIVE

SUMMARY CONCLUSION AND RECOMMENDATION

5.1     Summary of findings                                                                   77

5.2     Conclusion                                                                                  78

5.3     Recommendation                                                                         79

References                                                                                   82

 

LIST OF TABLE AND FIGURES

Figure: 3.2. Corporate organization structure                                        33

Table:   4.2 Material purchase and inventory cost for the year 2009     41

Table:  4.6   Production schedule and finished products inventory cost

for the year 2009                                                               50