ABSTARCT
This Project work will examine the effects of well planned purchasing functions on the attainment of organizational desired objectives. (A case study Nigerian Bottling Company PLC, Ilorin)
The project will consist of five chapters as follows: Chapter one will focus on initial introduction, historical background of the case study, objectives of study, significance of the study, scope of the study, limitations of the study, hypothesis formulation, and definition of terms. Chapter two contains literature review. Chapter three consist of research methodology, research design, sources of data, data collection tools, research population and sample size, sampling procedure employed , method of data analysis. Chapter four contains data presentation, analysis of data, and proof of hypothesis. Chapters five consist of summary of findings, conclusion, recommendation and reference.
ABSTRACT
The
research work focused at the impact of public relation enterprises. A case
study of power holding company of Nigeria. The study on disclosing impact of
public relation on public enterprises. The researcher introduced primary method
in gathering information to solve problems. Where questionnaire were
administered to selected group. The analysis of the shows that training
development helps improving organizational effectives and efficiency.
CHAPTER
ONE
1.0 INTRODUCTION
Business all over the world owes
success prospects, existence and growths to the effective application of the
purchasing concept to their operations. A business usually start with an
awareness of what is really needed for manufacturing and finding out what these needs are whether major or
minor, they would them develop the idea of how to get it.
Purchasing as the name denotes is the
procurements of the right quality of material in the right quantity, at the
right time, from the right source at the right price and delivered to the right
place.
These six rights are basic things
which purchasing deals with responsibility of purchasing in achieving
organizations objectives is not well recognized because many people assume that
the function is just a sample exercise of processing requisition and placing
orders which is critical task involved in buying.
However, it is a value creating
functions and the role of the buyers is to ensure that the value of money spent
reflects not only on the price paid but also the subsequent cost of receiving
stores, replenishing and expediting.
In some cases there is some cost
incurred when the supplier fail to meet delivery and satisfy the quality of
material required, it is obviously agreed that about sixty-five percent (65%) of
company’s total expenditure goes to the procurement of various materials and
this has made it so clear that any for the organization without materials no
cannot operates effectively as expected.
An efficient purchasing and supply
management is the pre-requisite for formal and efficient management of
materials, manpower and stock in an organization.
1.1 HISTORICAL
BACKGROUND OF NIGERIAN BOTTLING COMPANY’S PLC
The Nigerian Bottling Company Plc came
into existence on 22nd November 1881 the company was founded by late
A.G. Leventis and was the fairest in
the country to be Franchise by an international “Soft Drink Firm” the first
plant which was sited in Lagos went into operation in March 1955 with 6 Coke.
This had a very modest success and the company decides to stick to this by
monitoring the good reputation.
Coke was the first soft drink to have
its own designed shaped bottle which was different from the common bottles in
1972, the company went public by issues of 372 compliance with the Nigerian Enterprises
complies promotion Degree of 1972. The
company offers 650 ordinary shares for 50 kobo per share.
The company offered 1.4million shares
for subscription and added 81.921 shares, which was transferred from
non-resident share holders to 14,000 when
the company first started the operation distribution of its product to the Northern parts of the country’s
this was made possible by A.G. Lenventis made this possible. Group companies of
which Bottling Company is a number in other to meet the demand of the
customers, additional plant s were established Ibrahim Plant, Port-Harcourt,
other area of locations are Apapa, Jos, Kano, Benin and Kaduna in fact the ultimate
objective of the company is to establish a factory in each of the state in
Nigerian.
The share was said to have growth by
15 times in the 70’s and with higher hope for 80it is a huge sales recorded for
the first half of 90’s every high sales record is being made.
The subsidence includes Delta Glass
Limited, Ugheli which produce the bottle for company use Ijebu Ode. The plastic
create are made by NBC in the plastic division of Benin.
However, the Ilorin plant was
established in the year 1976 after a lot of delibration on how day, the Ilorin
plant as one of the plant, has offa Okene, bida, Jebba, Oshogo, Ogbomosho as
its depot.
The 20th year of the
establishment of Ilorin plants will be
marked in his year 1996. It has located at Coco-Cola Road industrial Estate
Folawiyo Road Ilorin.
There is the administration block at
the right side of entrance into the company’s compound followed by the
production binding/department the company is well situated for easy movement
and locations within the company’s compound.
1.2 STATEMENT
OF THE PROBLEMS
During the course of the study, the
research discovered that purchasing function of the company under study was
faced with some problems, some of which includes.
One of the major problem identified by
the research was the failure of the organization to recognize the purchasing
functions this results to the personnel of other department, handling
productive job who have little knowledge of what purchasing is all about.
Another problem facing the purchasing function in achieving its set goals and objective is the general financial instability of the organization release fund to buy the required materials at the right time. This may so affect the ability or the buyer supplier in settling supplier bills and consequently obtaining better terms and conditions of the contract
THE EFFECTS OF A WELL PLANNED PURCHASING FUNCTIONS IN THE ATTAINMENT OF ORGANIZATIONAL DESIRED OBJECTIVES (A CASE STUDY OF NIGERIAN BOTTLING COMPANY PLC, ILORIN)
