APPLICATION OF VALUE ANALYSIS AS A COST REDUCTION TOOL BY A MANUFACTURING INDUSTRY

APPLICATION OF VALUE ANALYSIS AS A COST REDUCTION TOOL BY A MANUFACTURING INDUSTRY

ABSTRACT

This is a research study on the application of value analysis as a cost reduction tools in a manufacturing firm in Patezon Zonchnois cussons Nigeria plc Aba. The research study is written to analysis critically the specified quality assurance of the organization. The purpose of the study is to investigate the decision of what materials to be used in the organization and to emphasize the action of the committee members in the company not mainly the purchasing manager duty. It is also intended to make useful suggestions and recommendations that might help in areas analysis to the impact of application of value analysis as a cost reduction tools to material management in this industry. This project begins with an introduction. The subject matte centres on Paterzon Zonchonis Nigeria plc a giant name in manufacturing industries. The importance and limitation of the study are also outlined in chapter one. In chapter two the literature of some writer and authors as it concerns value analysis are reviewed. Chapter three states the methodology the researcher adopted in taking the study. Result of investigation conducted are presented and analysed in chapter four under the heading data presentations. In chapter five, the researcher summarized recommendations and concluded his work on his findings. The study was rounded up by setting out bibliography which references the authors of the texts and journals used in the questionnaires which he used to gather his information. 

CHAPTER ONE

INTRODUCTION

This is a research study on the application of value analysis as a cost reduction tools in a manufacturing firm in Patezon Zonchnois cussons Nigeria plc Aba. The research study is written to analysis critically the specified quality assurance of the organization. The purpose of the study is to investigate the decision of what materials to be used in the organization and to emphasize the action of the committee members in the company not mainly the purchasing manager duty. It is also intended to make useful suggestions and recommendations that might help in areas analysis to the impact of application of value analysis as a cost reduction tools to material management in this industry. This project begins with an introduction. The subject matte centres on Paterzon Zonchonis Nigeria plc a giant name in manufacturing industries.

The importance and limitation of the study are also outlined in chapter one.
In chapter two the literature of some writer and authors as it concerns value analysis are reviewed. Chapter three states the methodology the researcher adopted in taking the study. Result of investigation conducted are presented and analysed in chapter four under the heading data presentations. In chapter five, the researcher summarized recommendations and concluded his work on his findings. The study was rounded up by setting out bibliography which references the authors of the texts and journals used in the questionnaires which he used to gather his information.