Store is being described as any space reserved and equipped for holding stocks, waiting for dispatch to customers for further processing or for further use. The word store can also be used to means inventory (materials). The responsibility of physical situation and condition of materials and issuing when required has with the store man and his department and storage facilities must be adopted to suit the types of materials handle.
However, for the store to carry out its operation effectively there must be an effective ways of identifying materials. Codification is an organization ways or method of identifying materials to give room for uniformity in the description of the items concerned. It is important to point out, that the success of any stock control systems depend on an efficient coding of materials, although there are many alternatives methods by which this can be enhance, the following are illustration of the case.
1.1 HISTORICAL BACKGROUND OF NIGERIANS BOTTLING COMPANY PLC
The Nigerian bottling company plc, came into existence on many 8th 1886, when the late A.G levenites founded the company. It was the first in this country to be offered franchise by an international “soft drink firm” from a humble beginning as a family business. The company has grown to become a predominant bottling of non-alcoholic beverages in Nigeria.
The first plant, which was cited in lagos state, went into operation in march 1953. Coke was the first soft drink to have its own designed shaped bottling which was different from the common trade bottling. In 1972, the company went public by the issue of 372,580 ordinary shares of sokoto each. This was in compliance with the Nigerian enterprise promotion dearer of 1972.
Some years after the Ibadan plant was opened (but later shut down due to non-availability of good water in Ibadan metropolis). Ilorin plant was mainly established to meet the needs of the people in bida, jebba, Ogbomosho, okera, Oshogbo, kontagora, ijagbo, offa, lokoja and Ilorin metropolis the Ilorin plant has 8 managers.
The range of soft drinks bottling by Nigerian bottling company plc (NBC, Ilorin plant produces the following soft drink; fata orange, coke, sprite krest, bitter lemon, ginger ale and eva water in terms of sales, the company enjoys a wide acceptance of its produces. Ranking Nigerian bottling company plc, as a whole its performance is highly appreciated.
The company presently has 13 bottling facilities and over 80 distribution warehousing located across the country. Since production started, Nigerian bottling company plc, has remained the largest bottling of non-alcoholic beverages in te country is terms of sales volume with about 1.8 billion bottling sold per year.
1.2 STATEMENT OF THE PROBLEM
There are some problem being encountered by the organization under the study in the area of coding and identification of materials. Firstly, variety of materials in use in the organizatio0n are not standardized, this makes it very difficult to have uniformity in the description of the items.
Also, the store section of the company under study does not have standard store vocabulary to aid easy. Identification of different materials, consequently, there is adoption of different code for identified users.
Another major problem facing the stores function of the organization is the lack of uniform and coherent stores policies. This is because the adoption of departmentalized system of stock holding.
Furthermore, there is lack of co-operation between the purchasing inventory control and store department, leading to duplication of effort.
Finally, the store personals are not adequately trained to meet the modern challenges of the stores operations.