Background of the Study
Production planning, traditionally associated with manufacturing industries, is also a critical component of operational management in service-oriented industries, such as banking. United Bank for Africa (UBA) in Plateau State operates in a highly competitive banking sector, where efficient resource allocation and process optimization are essential for maintaining service quality and improving organizational performance. Production planning in banking refers to the systematic scheduling and coordination of resources, such as staff, technology, and facilities, to ensure the bank can meet customer demands effectively and efficiently (Nguyen & Sharma, 2024).
For UBA, effective production planning includes scheduling the availability of bank staff, ensuring that financial products and services are offered at the right time and in the right manner, and optimizing back-office operations such as loan processing and account management. Moreover, planning for the integration of new financial products, digital banking services, and customer outreach is crucial for enhancing the bank's market position. The impact of production planning on organizational performance is multifaceted, influencing customer satisfaction, cost control, service delivery, and profitability.
This study explores the relationship between production planning and organizational performance in UBA, Plateau State, focusing on how planning impacts service delivery, customer satisfaction, and overall efficiency.
Statement of the Problem
Despite UBA’s efforts in providing excellent financial services, challenges in production planning, such as inadequate resource management, inefficient scheduling of staff, and uncoordinated back-office operations, can lead to delays in service delivery and reduced customer satisfaction. These inefficiencies may also affect the bank's financial performance, hindering its ability to compete effectively in a competitive banking market. The lack of a robust production planning framework could be contributing to operational challenges, and as a result, this study seeks to examine the effect of production planning on UBA's organizational performance.
Objectives of the Study
1. To assess the impact of production planning on service delivery and operational efficiency at UBA, Plateau State.
2. To evaluate the influence of production planning on customer satisfaction and retention at UBA.
3. To identify the challenges faced by UBA in implementing effective production planning and recommend strategies for improvement.
Research Questions
1. How does production planning impact service delivery and operational efficiency at UBA, Plateau State?
2. What influence does production planning have on customer satisfaction and retention at UBA?
3. What are the challenges faced by UBA in implementing effective production planning?
Research Hypotheses
1. Production planning does not significantly impact service delivery and operational efficiency at UBA, Plateau State.
2. There is no significant relationship between production planning and customer satisfaction at UBA.
3. Challenges in production planning do not significantly affect UBA's organizational performance.
Scope and Limitations of the Study
This study will focus on the impact of production planning on organizational performance within UBA's Plateau State operations. Data will be collected through surveys, interviews, and operational records from relevant departments, such as customer service, loan processing, and branch management. The study's limitations include potential reluctance from staff to disclose operational inefficiencies and the difficulty of accessing detailed financial performance data.
Definitions of Terms
• Production Planning: The process of organizing, scheduling, and coordinating resources and operations to ensure the timely and efficient delivery of services or products.
• Organizational Performance: The measure of how effectively a company achieves its goals, including factors such as profitability, customer satisfaction, and operational efficiency.
• Customer Satisfaction: The degree to which customers are happy with a company’s products, services, and overall experience.
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