IMPACT OF MATERIAL SOURCING IN ENHANCING THE ORGANIZATIONAL PROFITABILITY
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
Organizations have unique materials which is peculiar to their operations. In manufacturing sector, it is a very sensitive task that requires practical steps under some approved and effective conditions. This is because to a very great extent materials sourcing have a direct relationship with the profit of an organization. This study was therefore undertaken to examine the impact of material sourcing in enhancing the organizational profitability, its importance, how effective and efficient it is to the overall achievement of the organizational goal and objectives. The specific objectives were to determine the most effective sourcing policies adopted by Nigeria Breweries; to determine the criteria for selecting supplier in Nigeria Breweries. The study adopted the survey research design. A population of 100 staff was estimated and the research used a sample size of 20 from the population of which describes the characteristics of the population. The findings showed that the company is making high profit for the use of locally sourcing material. This shows that the organization is satisfied with the contribution of locally sourcing to its growth by making available at the right time and right quality, raw materials availability is the basis for a sustained industries growth in any nation. It was also ascertained that the company maintain a very cordial relationship with their suppliers through payment of invoice bills and provision for their incentives which lead to better understanding through personnel observations and from interviews conducted. The study recommends that for industrial sector to develop and perform better, this study proposes a “Home Grow Industrial Policy” where ISI and EPI are jointly pursued and industrial inputs domestically sourced.
Related Project Materials
THE IMPACT OF ADVERTISING TECHNIQUES AND STRATEGIES ON COMPANY SALES AND PRODUCT ACCEPTABILITY
ABSTRACT
This research work emphatically examines the impact of advertising techniques and strategies on company sales a...
TERRORISM IN NIGERIA: A SEARCH FOR SOLUTIONS
ABSTRACT
Terrorism is on the increase in Nigeria. Basic socio-political activities in Nigeria feature acts of terrorism as citizens emplo...
IMPLICATION OF UNEMPLOYMENT ON THE SOCIO ECONOMIC DEVELOPMENT OF NIGERIA
Abstract
The study examined the implication of unemployment on the socio economic development of Nigeria. The study indi...
EFFECT OF CITIZEN JOURNALISM ON NEWS OBJECTIVITY IN NIGERIA
BACKGROUND OF THE STUDY
The mass media are seen as advances in science and technology in a cultur...
PERCEPTION OF THE IMPLEMENTATION OF TEACHING PRACTICE PROGRAMME IN UNIVERSITIES OF ENUGU STATE
ABSTRACT
The purpose of the study is to find out the importance of teaching practice on students teachers performance in...
Online Clearance System
ABSTRACT
The online clearance system is an internet-based study initiative that will help facilitate the queuing system in the clearance...
THE EFFECT OF CLASS SIZE AND OVER POPOLATION ON THE ACADEMIC PERFORMANCE OF SECONDARY SCHOOL STUDENTS
ABSTRACT
This research was performed to examine the influence of class room size on academic performance of secondary sc...
ANALYSIS OF THE LEGAL REGIME FOR CONTRIBUTORY PENSION SCHEME IN NIGERIA
ABSRACT
This study appraised legal framework of contributory pension scheme CPS in Nigeria. Doctrinal method was adopted. Thus, the disse...
PROBLEMS OF BOOK ACQUISITION IN ACADEMIC LIBRARY
ABSTRACT
This study was based on the Problems of Books Acquisition in Academic Library. A case study of Imo State University Owerri (IMSU...
ASSESSMENT OF THE ROLE OF ICT IN COVID-19 HEALTH EDUCATION
ABSTRACT
The broad aim of this study is to assess the effect of ICT on Coivid-19 health education...
