SIGNIFICANCE OF EFFECTIVE STORE MANAGEMENT IN GOVERNMENT ESTABLISHMENT (A CASE STUDY OF MINISTRY OF FINANCE ILORIN KWARA STATE)

Table of Content

Title Page                                                                                         i

Certification                                                                                               ii

Dedication                                                                                        iii

Acknowledgement                                                                                      iv

Table of contents                                                                               v

Chapter one

1.0 Introduction                                                                                1

1.1 Historical background of the study                                             1

1.2 Organization chart of the case study                                           2

1.3 Statement of the problem                                                            3

1.4 Objectives of the study                                                               4

1.5 Scope of the study                                                                      4

1.6 Limitations of the study                                                              5

1.7 Hypothesis formulation                                                              5

1.8 Definition of terms                                                                      6

1.9 Plan of the study                                                                         7

Chapter two: literature review

2.0 Introduction                                                                                9

2.1 Store ledger                                                                               14

2.2 Material return note                                                                  14

2.3 Material transferred note                                                           15

2.4 Store records                                                                             15

2.5 Area where procedures are required                                          16

2.6 Procedure required in store                                                                 16

2.7 Purchasing requisition                                                               17 2.8 The good receiving procedure                                                  18

2.9 Point at which goods can be received                                        18

2.10 Issues and distribution procedure                                           19

Chapter three

3.0 Research methodology                                                             21

3.1 Introduction                                                                              21      

3.2 Research approach                                                                    21

3.3 Sources of data                                                                                   21

3.4 Instrument used for data collection                                            22 

3.5 Research population and sample size                                        23

3.6 Sampling procedure                                                                  23

3.7 Statistical method used in data analysis                                             Chapter four        

4.1 Presentation analysis and interpretation of data                                 24 

4.2 Test of hypothesis                                                                     37
Chapter five

5.1 Summary                                                                                   38

5.2 Conclusion                                                                                41

5.3 Recommendations                                                                     41

Reference

CHAPTER ONE

• INTRODUCTION

Store management is a feature of almost every undertaking both private and public concern. Although it has for many years been unexplored we seem to have forgotten the fact that the entire organization relics much more on services of store. One area of great expenditure in either the public or private sector of the economy is the acquisition and maintenance of material. Briefly, store management covers progress of deliverances quality control storage preservation and finally distributions. However, it is a well known fact that store management is a major last centre because of the saving, it can affect and thereby contribute significantly to the profit of the organization. Since material and supplies form the life blood of any organization, they should be made available at the proper place and time and at a reasonable price.

• HISTORICAL BACKGROUND OF THE ESTABLISHMENT

Kwara state was established in the year 1967 as one of the ten (10) Northern States ministries were also established charged with various duties. Few among the ministries created wipe ministry of finance ministry of education, ministry of works and ministry of Health e.t.c The ministry of finance is one of  the most important ministries charged with the duty of providing funds to other ministries and government parastatal auditing the account of other ministries and parastatals  and the provision of all the necessary materials. Ministry of finance has the following divisions listed above each performing different functions the divisions are Finance Division, Administrative Division, Revenue Division and Finally Audit Division.

• ORGANIZATION CHART OF MINISTRY OF FINANCE ILORIN