MAKE OR BUY DECISION AN IMPORTANT PURCHASING TOOL AND A COST CONTROL TECHNIQUE IN AN ORGANIZATION

MAKE OR BUY DECISION AN IMPORTANT PURCHASING TOOL AND A COST CONTROL TECHNIQUE IN AN ORGANIZATION

ABSTRACT

The Role of suppliers function in the public sector is a topic in the filed of purchasing in chapter one it highlights the general over view of the study.
Chapter two, it highlights a brief historical background of the topic under study.
Chapter three, was how the data is being collected, it highlighted the source of data collection.
Chapter four specifically, a detailed discussion on finding was made with a view to highlights a sound basis for some possible solution.
Chapter five is the climax of the research study. She summarizes conclude and givens some recommendation which if adhered to, will help in the role of supplies function by using someone with professional qualification.

CHAPTER ONE

1.0 INTRODUCTION
1.1 BACKGROUND OF THE STUDY 
In all organization including governmental agencies. the need for efficient supplies function is highly recognized and considered. Presently the cost materials, equipment and supplies for industrial and non-industrial purposes account for a large production of the costs of these organizations.
According to Ojeoku (1993(efficient supply is achieved who the supplier the required quality and quality of raw materials. Parts tools and equipment at the right time and at a lowest price Also the supply is not efficient when the required quality and quantity of materials is not delivered and received as and when needed. If t he quality specified does meet or measure up to quality delivered, or if the organizations suppliers fails to make satisfactory adjustments for his/her errors as in the goods delivered or if the price of the item or services rendered.
Supplies is only a part of several activities dealing with the procurement of materials in the public sector. Subject of supplies hold the same basic principles and steps in all public sector.
Large supplies are usually made only after the media of publicity for tenders. In order to encourage tenders the suppliers must supply and the due delivery data in order to prevent conflict.
In this research project, an attempt is made to examine the need for efficient suppliers function in the ministry of fiancé Imo State with view to increasing efficiency in suppliers.

1.2 STATEMENT OF THE PROBLEM
Strictly this project is a case study of the need f or efficient supplies in the ministry of finance, Imo State. The principal problem being investigated is to.
1. To determine how effective procurement of materials are being carried out within the ministry.
2. To find out or ensure if the ministry of finance Imo State carryout their supplies functions or activities effectively and efficiently.
3. This question relates to if the ministry of finance are using right suppliers regards to materials and equipment. Thee by ensuring efficiency in the public sector.
4. Do the ministry have experience workers and qualified personnel for carrying out the activities efficiently and adequate usage of materials inorder to achieve effective results or aim in the public sector
5. To determine how committed the worker are in their various area of duties or activities there by ensuring efficiency and adequate usage of time and materials in the public sector.

MAKE OR BUY DECISION AN IMPORTANT PURCHASING TOOL AND A COST CONTROL TECHNIQUE IN AN ORGANIZATION