THE IMPACT OF EFFECTIVE PLANNING AND CONTROL ON THE PURCHASING ACTIVITIES OF A MANUFACTURING COMPANY
Abstract
This is a research project on the impact of effective planning and control in purchasing activities a case study of Nigerian Bottling Company it focus on the importance of planning in all purchasing activities both in public sector and private sector. Nonetheless, that this research was conduct on Nigeria Bottling Company Owerri, it contains practical analyses that will help both the private and public sector on how to plan for their activities. And the reader will find the analyses very logical which will portray the state of procurements on the entire organization or company. This work is arranged in five chapter; chapter one introduces the works background, objective, scope, etc chapter two contains the review of related literature of other authors, chapter three is the method use to gather information for this research work, chapter four analyses and presents the data for this project. Finally, chapter five of this work contains the summary of findings, conclusion on findings, and recommendation on findings.
TABLE OF CONTENTS
Title page - - - - - - - - i
Approval page- - - - - - - - ii
Dedication - - - - - - - - iii
Acknowledgement - - - - - - - iv
Abstract - - - - - - - - - v
Table of contents - - - - - - vi
CHAPTER ONE
Introduction - - - - - - - 1
1.0 Background of the Study- - - - - 1
1.1 Planning concept - - - - - - 2
1.2 Statement of the problems - - - - 2
1.3 Objective of the Study - - - - 3
1.4 Scope of the study - - - - - - 4
1.5 Research Questions - - - - - 4
1.6 Statement of Hypothesis- - - - - 5
1.7 Significant of the Study - - - - - 6
1.8 Limitation of the Study - - - - - 7
1.9 Definition of Terms- - - - - - 7
CHAPTER TWO
2.0 LITERATURE REVIEW - - - - - 9
2.1 Definition of planning and why it is used in
Purchasing activities - - - - - 9
2.2 Reasons for planning and controlling - - 10
2.3 Why purchasing should be involved in planning 11
2.4 Impact of planning - - - - - - 13
2.5 Important of planning in purchasing - - - 13
2.6 Steps in planning / decision making in purchasing 14
2.7 Benefit of planning in purchasing activities
or organizations - - - - - - 17
2.8 Coordination of effort - - - - - 17
2.9 Preparation for change - - - - - 17
2.10Development of performance standard - - 18
2.11 Development of managers - - - - 18
2.12 Why planning is necessary - - - - 19
2.13 Roles of purchasing in corporate planning - - 20
2.14Why plans fails - - - - - - 21
CHAPTER THREE
3.0 Research Design and Methodology - - 23
3.1 Introduction - - - - - - - 23
3.2 Research Design - - - - - - 24
3.3 The questionnaire design - - - - 24
3.4 Population and sample selection - - - 26
3.5 Sources of data - - - - -- - 28
3.6 Data collection techniques - - - - 29
3.7 Method of Data Analysis - - - - 30
CHAPTER FOUR
4.0 Presentation and Analysis of data - - - 33
4.1 Introduction - - - - - - - 33
4.2 Data analysis - - - - - - - 33
4.3 Test of Hypothesis - - - - - - 44
CHAPTER FIVE
5.0 Summary, conclusion and Recommendation - 49
5.1 Summary - - - - - - - 49
5.2 Conclusion - - - - - - - 51
5.3 Recommendation - - - - - - 52
References - - - - - - 55
Appendix- - - - - - - - 57
CHAPTER ONE
INTRODUCTION
1.0 BACKGROUND OF THE STUDY
The important of effective planning in purchasing activities in any business organization be it: small or large is an obvious and important. In any purchasing activities effective planning is the fundamental and primary managerial function for any sp w operation which made it essential for successful strategy implementation and strategy evaluation because all other element of management depend upon good planning and control.
PLANNING CONCEPT
The only thing certain for the future of any organization is change and planning is the essential bride between present: and there future. In designing and maintaining an environment for effective performance of individuals working together in groups the most important task is to see that: purpose and objective and method of attaining them are clear understood. Planning consist essentially of deciding in advance what you want to do and the way you are to do it planning is the application of rational with the aim of making of more effective and efficient responding to the need and goals of the organization.
1.2 STATEMENT OF PROBLEMS
Some years back and even in recent: time many company have been faced with the problem of planning in the sense that they have not recognized the importance of effective planning in purchasing there materials. The issue of effective planning in purchasing activities in any business organization helps the organization to get quality materials from a good supplier at the right time. Most times the organization will have a problem of getting good material due to lack of planning. Sometime it might be lack of planning of efficient of the supplier to supply at the right time. Therefore this research is aimed at solving the problem that will occur when planning step is not taking and offering good way to be used in planning step.
1.3 OBJECTIVE OF THE STUDY
This research work is to consider the requirement in planning effectively of getting the organizational materials, recommending alternative channels of planning and also resolving the common conflicts that are common in the planning section of any organization. When these is done some of these objective will be achieved for this study.
1. Emphasize the importance of planning
2. Suggesting alternative ways for effective planning
3. Studying other ways for effective planning
4. The present planning step that is being used will be examined in detail and its effectiveness assessed.
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