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» Chapter One Introduction Background of the Study Supplier selection is a procurement planning activity which allows managers to search for and find credible sources of supply that can ensure the availability of materials, equipments, fools, components, protects, consumables, and services at the right price, quantity, at the right tine and place....Continue Reading »
50 pages | 311 engagements |
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» CHAPTER ONE 1.1 INTRODUCTION Stock taking is the physical verification of the quantities and condition of items held in an inventory, as a basis for accurate inventory audit and valuation. Stock taking is necessary to ensure that the stock records are accurate. Regular stock taking is an essential element of a loss minimization strategy. The process helps you to compare actual stock levels with th...Continue Reading »
50 pages | 167 engagements |
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» CHAPTER ONE 1.0 INTRODUCTION Purchasing as a subject and as a business function has really come along way. In the past when material, component part energy etc were abundant and available at ridiculously low price, purchasing was not given proper chance to operate that is why procurement was looked upon as having unimportant function. However now that material is in short supply there is generally...Continue Reading »
50 pages | 184 engagements |
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» CHAPTER ONE 1.0 INTRODUCTION Sourcing for supplier is of paramount important to business organization. Therefore selection of supplier or sources of supply should be handle with great care. This is so because wrong choice or bad supplier can ruin firm’s operations failure to deliver or late delivery of materials by the suppliers can ruin firms operation. Failure may lead to production stoppa...Continue Reading »
50 pages | 222 engagements |
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» CHAPTER ONE 1.1 INTRODUCTION The store function is primarily concerned with the holding of stock however this did not say that function of stores is refined to just holding controlling and issuing of stock but it embraces wide range of acting store control of all storehouses stock and outside storage units, materials handling function, quality control activities, training of stores staff clerical ...Continue Reading »
50 pages | 184 engagements |
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» CHAPTER ONE 1.1 INTRODUCTION The decision to either make or buy material required for production processes and other purpose is very paramount most especially in manufacturing companies such as global soap and detergent industry limited Ilorin. Many organizations consider it profit ability o manufacture (make) the material required in he house, if here are enough facilities to embark on such, whil...Continue Reading »
50 pages | 214 engagements |
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» CHAPTER ONE 1.0 Introduction This project was been design to cover the effects of management on the smooth flow in manufacturing industries, Doyin investment company plc. For any organization to work effectively and in order to increase profit margin of the organization there must be effective management of inventory. Once the organization perceive the desire to buy some materials and equipments e...Continue Reading »
50 pages | 173 engagements |
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» CHAPTER ONE 1.0 INTRODUCTION Business all over the world owes success prospects, existence and growths to the effective application of the purchasing concept to their operations. A business usually start with an awareness of what is really needed for manufacturing and finding out what these needs are whether major or minor, they would them develop the idea of how to get it. Purchasing as the name ...Continue Reading »
50 pages | 180 engagements |
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» CHAPTER ONE 1.1 INTRODUCTION 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 fa...Continue Reading »
50 pages | 224 engagements |
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» CHAPTER ONE 1.1 GENERAL INTRODUCTION It is important to note that quality control is an important function. It is so vital that it helps an organization to have competitive edge over the competitors in the market. A company can conveniently through quality has effective quality policy out sales competitors’ product in the market. When we talk about “quality” the definition most p...Continue Reading »
50 pages | 280 engagements |
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» CHAPTER ONE 1.0 INTRODUCTION Advertisement is an important link between the manufacturer of a product and the consumer. Advertisement is interestingly becoming in major industry in Nigeria and an indispensable activity in our economy. One of the important institutions in our society is advertisement the important of advertisement should be viewed from both marketing and a communication perspective...Continue Reading »
50 pages | 173 engagements |
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» CHAPTER ONE 1.0 Introduction Store/inventory management is an important function in the management of an organization Inventory management is not related to manufacturing concern but it is also important in non manufacturing organizations. This point to the fact that these firms have substantial amount of working capital locked up in inventory. The level of inventory is important to the efficient ...Continue Reading »
50 pages | 194 engagements |
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» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY All of us have been communicating with others since our infancy, the process of transmitting information from an individual or group to another is a very complex process with many sources of potential error, Communication has always been and is still an important aspect of daily living especially so in a commercial organisation which is geared t...Continue Reading »
50 pages | 162 engagements |
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» CHAPTER ONE 1.0 INTRODUCTION Most organizations whether in manufacturing service or extractive field of operating make use of materials handling equipments in their daily operations. Handling of materials, which is the main activity in store house and stockyards are costly operations and therefore, the methods and equipments employed in handling should be efficient As in many other aspects of stor...Continue Reading »
50 pages | 182 engagements |
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» CHAPTER ONE 1.1 GENERAL INTRODUCTION Material management in an organization is all embracing than any other form of management because of the diverse activities involved such as: Purchasing Stores Inventory control Production control Quality control Packaging Warehousing Inward and out ward inspection Marketing or sales. Therefore, material management is the act of planning, organizing, controllin...Continue Reading »
50 pages | 489 engagements |
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» CHAPTER ONE 1.0 INTRODUCTION Purchasing as a subject and as a business function has really come along way. In the past when material, component part energy etc were abundant and available at ridiculously low price, purchasing was not given proper chance to operate that is why procurement was looked upon as having unimportant function. However now that material is in short supply there is generally...Continue Reading »
50 pages | 172 engagements |
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» CHAPTER ONE INTRODUCTION The importance of accurate stock control in an Organization cannot be over emphasized no matter how diligent the job of control (computerized or manual). Some discrepancies are bound to occur. The system is operated by people, and people sometimes make mistakes. Every inventory item should be physically counted and checked against its balance at least once a year. This ver...Continue Reading »
50 pages | 170 engagements |
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» 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,...Continue Reading »
50 pages | 225 engagements |
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» CHAPTER ONE BACKGROUND OF THE DANGOTE FLOUR MILLS PLC. Dangote flour mills plc recommenced operation in 1999, as a division of Dangote industries Limited [DIL]. One of Nigeria’s largest and fastest growing conglomerates. Following the strategic division of DIL to unbundle its various operations. Dangote flour mills was incorporated in 2006, the restructuring was completed in January, 2006 wh...Continue Reading »
50 pages | 252 engagements |
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» CHAPTER ONE GENERAL INTRODUCTION 1.0 BACKGROUND OF THE STUDY It is observe that place it one of the marketing activities include channel of distribution transaction were housing, STORAGE, INVENTORY handling etc. when product have been produced, marketers have to create to place utility. It does not matter how good products are the movements it cannot get to the customer at the right place, the obj...Continue Reading »
50 pages | 175 engagements |