PROPOSAL
This research work will be objectively
carried out on the role of store and its relationship with other department in
a manufacturing company’s using Nigeria bottling company, Ilorin Kwara State as
a case study.
This project is basically concerned
with the importance of stock, its function as well as its relationship with
other department in a manufacturing company.
More so, this research work is design
to enlighten on the role of store in effective performance of any manufacturing
company, which greatly depend on the prompt and efficiently supply of purchases
material and services to the organization. Nevertheless, the success of any
manufacturing company requires close liaison and corporation between store
department and all other internal department such as marketing, production
design, engineering, finance, quality control and personnel department.
This write up will be divided into
five (5) chapters in order to facilitate easy reading and better understanding.
Chapter one contain the introduction
of the subject matter of the study, statement of the problem encountered in the
course of carrying out the research, the rational of the study which is
partially fulfillment of the award of national diploma (ND) purchasing and
supply in Kwara State polytechnic, Ilorin.
Chapter two deals with literature
review. This will include the definition of store, functions, important and
policy in an organization and method of store equipment employed in the
manufacturing company.
Chapter three gives detailed account
of method to be used in carrying out the research work.
Chapter four deals with presentation
and analysis of data.
Chapter five contains the summary of
the whole study after recommendation as for each of observed problem.
This chapter will also contain a brief comment made on the finding in the research work which will serve as the conclusion of the study.
CHAPTER
ONE
BACKGROUND TO THE STUDY
INTRODUCTION
It has been established that a large
percentage of the expenditure of the manufacturing industries is made up of
purchase of materials, spare part and component up to fifty percent of
company’s budgets.
The magnitude of the expenditure
emphasis the importance of performing the store function in the meet effective
manner possible.
Further more, since materials
components and spare constitute life wire of any big or small organization left
and in operating store once they are buying quantities of materials that cannot
be used immediately must buy raw material according to it production schedules
and keep them in the store pending the time that these materials are to be use
or needed.
Moreso, its production cannot sell at
the product-produced, it store them pending the two effectives demand is made.
The important point is that not all
the raw materials and components bought are used instantly but rather some are
kept temporary. Also the outputs are store unit that are need by the final
consumers. Also the role of store in manufacturing industries is well
emphasized that due to the importance of store department in an organization
both private and public sector need a well defined store functions for an
effective storage of materials spare and component at a minimum economical level.
The store function has the
responsibility for the receipt custody and distribution of stocks and for the
determination of appropriate quantities and qualities of material to be held
since order that operational needs, may be in an economic possible therefore, store
management can become an important tools for the achievement of organization
objectives.
This project has been design to cover
store and its relationship with other department in manufacturing company with
reference, Nigeria bottling company Ilorin , Kwara state.
Any organization whatever, either
manufacturing of serving, its bound to have a store department in one way or
the other for keeping of materials used within the organization. There is no
industrial unit or public undertaking of substantial size that can efficiently
and effectively managed without a store unit, as set in any organization is to
assist in production of good and services.
As it is well known the primary
objective of a store is to provide the services cannot be accurately provided
if the store unit does not work in collection with the other department within
the organizational. The failure of the store department in performing it
outstanding function within the organization structure could lead to a friction
or less of efficiency among other department.
- STATEMENT
OF GENERAL PROBLEM
When carrying the store function in
manufacturing industries there are some inevitable problems that do arises
during the course of the study, the researcher has observed that large quality
of materials input and maintenance repair operating (MRO) are store, since
active measure are not taken control varieties. This ineffective and
inefficient method of controlling stock is faced by the company under study of
it’s method purchasing which can cause over-stocking and under stocking.
The problem of over stocking is a stock
whereby there are more materials component spare part in the store than expected
or needed for operating during certain period of time. Under stocking on other
hand is another problem whereby is carrying less quantity of material required
by the user department of an organization.
The store taking is another problem
become of the varieties and volume of item held, it difficult for regular
stocking and this regularity in store taking can cause problems such as
obsolesce and redundancy in the store department.
- SIGNIFICANCE
OF THE STUDY
The project work
carried out on the role of store department and its relationship with other
department in a manufacturing company will be of special benefit to store
official or personal and purchasing officer who wishes to know how important
the role of store department in a
manufacturing organization.
This research
work is expose or broaden his knowledge about the subject matter and it has a
great significant to the point in time when there is needed to know more about
the role of store in a manufacturing company.
This purpose of this research work in partial fulfillment to the requirement of the award of national diploma in purchasing and supply of the institute of financial and management studies (IFMS) Kwara state polytechnic Ilorin.