SOURCING DECISION AND IT'S IMPACTS ON MATERIAL AVAILABILITY
CHAPTER ONE
1.0 Introduction
1.1 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.
In order to ensure contritely of supply purchasing officers must spend tine and effort in investigating and evaluating prospective sources or suppliers and continuously appraising the performance of current suppliers in order to aund the problem of overstocking, under stocking, or complete non availability of material in the organization.
In order to ensure accuracy in supply, uninterrupted flow of materials in and out of the organization, purchasing manager have to decide the kind of product or service that best fit needs, decide whether to but what they require or of produce (make or buy decision) whether to buy locally, nationally, or internationally, whether to use singly or multiple source of supply, whether to enter into partnership or reciprocity agreement, whether to engage in negotiation or bidding whether to buy from distributors or directly from the manufacturers. All these issues attract diligent and efficient decision that will aid the organization to attain its full potential.
1.2 Statement of the Problem
Sourcing decision is very important because it properly conducted can move the organization to a greater height. Right sources of supply in most cases ensure steady availability of the right quality and quantity of materials in the organization. However, it the right source of supply is not contracted due to corruption personal interest or negligence, it may result in delay in supply of materials. This delay may result in pnice buying which may likely lead to purchase of low quality materials or making such purchases at an exorbitant price.
This delay might also result to absohilte stock out of materials in the organization. Thus could result to break down of production activities in the organization other problems such as production of poor quality output, idle time labourers and machines, fall in sales turnover, diminished profit and name it. Will be experience in the organization for the organization to be able to address these problems, they have to decide the criteria for supplier selection, and the sourcing policy I decision to employ that will ensure steady availability of materials in the organization, that can improve their chances in the soft drink industry or probably make them leaders.
1.3 Objectives of the Study
This research work is aimed at determining sourcing decision and its effects on material availability in 7up bottling company plc Kaduna plant. The study is specifically designed to study ways of ensuring continuous availability of the right quality and quantity of materials in the organization at the right time and place in order to avoid shortage in supply and even complete stock out of materials in the organization.
The following are the objective of the research work:
- Identify the criteria in use by the organization for supplier selection
- Examine the method employed by the organization
- Examine the method employed by the organization in evaluating suppliers.
- Examine the challenges the organization usually face when sourcing for materials.
1.4 Significance of the Study
The importance of this research will rest on the benefit that will be derived by venous section of the society including the organization under study and the researcher. This research work will increase the researcher’s knowledge of the topic.
The researcher hope that 7up bottling company Plc Kaunda plant will be provided with meaningful and useful source of supply. Those who wish to research on this qeld will also benefit from this research work, as it will serve as a road map for them to write their own. Research work. Most importantly, it is a pre-requisite for the award of Higher National Diploma in purchasing and supply.
1.5 Scope of the Study
This research work will focus on the effect of sourcing decision on material availability in 7up bottling company plc situated at Kakuri industrial area Kaduna plant .The study will focus on production and store department of the organization .The researchers scope will be limited to sourcing and supplier selection process, criteria for supplier selection, sourcing decision, methods of supplier selection performance evaluation and management of supplier relationship.
This research work was conducted using deceptive and case study design because it is the most situation for a research work for this nature and because questionnaire was use as an instrument for data collection. The population of this research work is 100 staffs of store and production departments of the organization. And 60 questionnaires was administered out of which 30 was given to senior staff of the department and remaining 30 to the senior staff out of which 45 questionnaires was return and valid for the research work.
The researcher made use of documentary data, close-ended structured four point scale questionnaire and interview method for data collection. Random sampling technique was employed to conduct this research work. The technique was chosen because everybody in the population has equal chance of been selected. The research analyze data collected from respondents to the research question and interview using simple mean cut off point.
1.6 Research Questions
The study came up with research questions so as to be able to ascertain the above stated objectives. The specific research questions for the study are stated below as follows:
- What are the criteria in use for selection of suppliers in 7up bottling company plc?
- What is the sourcing policy in use by the organization?
- What method is employed by the organization in evaluating suppliers?
- What are the challenges faced by the organization when sourcing for materials?
- When strategies the organization adjourned to be the most effective in managing supplier relationship?
1.7 Definition of Terms
Sourcing:
Is a process through which buyers seeks, survey and evaluate suppliers, and determine policies relating to those who will most suitably meet the requirements of the organization.
Core Competence:
Is the collective learning in the organization, especially how to coordinate diverse production skills and integrate multiple streams of technologies.
Insourcing:
Is the process by which an organization takes responsibility for providing services and conducting its operations in-house and in other location but by its own staff.
Outsourcing:
Is a process by which an organization contracts our services and operation that are usually done n-house to another firms that can be done them better, cheaper or faster.
Negotiation:
Is the art and science of arriving at a common understanding through bargaining on the essentials of contract, such as price, quality quantity, delivery time, terms and conditions of service etc.
Bidding:
Is a purchasing procedure by which potential suppliers are invited without collusion to present to an organization, a firm, a clear offer of price, terms and conditions which upon acceptance shall be the basis of the subsequent contract for the supply of the intended goods and services or the execution of projects.
Quality:
Kotler and Armstrong (2004) define quality as the ability of a product or service to perform its functions, which includes overall durability, reliability, precision, ease of maintenance and repair and other customer valued attributes.
Quantity:
This entails having the right amount of materials, tools components, parts required for replenishment of the store and production purposes.
Performance:
This relates to product’s operating/features and how well the product is able to the task it was originally designed to and how it is able to satisfy intended needs.
Material:
Is anything that can be offered to the market for attention, acquisition, use or for consumption purposes which might be capable of satisfying needs.
Leasing:
Leasing is a contract by which one party (lessor) gives another party (lessee) the use and possession of an asset or property for a specific period of time and for fixed payments.
CHAPTER TWO
2.0 Literature Review
2.1 Introduction
The review of relevant literature is the main topic of this chapter. A literature review covers theoretical and methodological contributions to a certain issue in addition to the state of knowledge at the time of writing. It provides information about the state of the art in relation to the subject you are writing about. It examines the body of work on the chosen subject. The literature evaluation in this study comprises the …
Procedure for Downloading the PDF (Docx) Material
Sourcing Decision and It’s Impacts on Material Availability can be downloaded by requesting the full set of materials at the project or seminar cost. The document will be sent via Microsoft Word (MS-Word) format via WhatsApp (e-mail) following payment confirmation.
| Seminar Material Cost ₦3,000 | Project Material Cost ₦5,000 |
Request Complete Material
 | Click here to request the Complete Material via WhatsApp including;
|
TABLE OF CONTENTSPRELIMINARY PAGES
- Title page
- Approval page
- Dedication
- Acknowledgement
- Table of Contents
- Abstract
INTRODUCTION
- 1.0 Introduction
- 1.1 Background …
- ⋮
LITERATURE REVIEW
- 2.1 Introduction
- 2.2 Conceptual Review
- 2.3 Theoretical Framework
- ⋮
- 2.4 Empirical Studies
- 2.5 Research Gaps
- 2.6 Summary of Literature Review
CHAPTER THREE
RESEARCH METHODOLOGY
- 3.1 Introduction
- 3.2 Research Design
- 3.3 Population of Study
- 3.4 Sampling and Sampling Technique
- 3.5 Validation of Research Instrument
- 3.6 Method of Data Collection
- 3.7 Method of Data Analysis
- 3.8 Questionnaire Administration
- 3.9 Ethical Consideration
- 3.10 Statistical Analysis
CHAPTER FOUR
DATA ANALYSIS, RESULT AND DISCUSSION
- 4.1 Introduction
- 4.2 Presentation and Analysis of Data
- 4.3 Re-statement of Research Questions
- 4.4 Test of Hypotheses
- 4.5 Discussion of Findings
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATION
- 5.1 Introduction
- 5.2 Summary of Findings
- 5.3 Conclusion
- 5.4 Recommendation
- 5.5 Suggestion for Further Study
REFERENCES
APPENDIX A - “QUESTIONNAIRE”
Disclaimer for Complete Material Utilization
The displayed research work titled "Sourcing Decision and It's Impacts on Material Availability" is stated as a research guideline towards accomplishing your assigned project / seminar research work. All the research materials on this website are ONLY for research purposes and should be used as a guideline in developing your research work. For no reason should you copy word for word as projectlist.com.ng will not be liable for any who copied the material. By ordering the complete research guideline, it signifies that you've accepted our terms of service.
PRELIMINARY PAGES
- Title page
- Approval page
- Dedication
- Acknowledgement
- Table of Contents
- Abstract
INTRODUCTION
- 1.0 Introduction
- 1.1 Background …
- ⋮
LITERATURE REVIEW
- 2.1 Introduction
- 2.2 Conceptual Review
- 2.3 Theoretical Framework
- ⋮
- 2.4 Empirical Studies
- 2.5 Research Gaps
- 2.6 Summary of Literature Review
CHAPTER THREE
RESEARCH METHODOLOGY
- 3.1 Introduction
- 3.2 Research Design
- 3.3 Population of Study
- 3.4 Sampling and Sampling Technique
- 3.5 Validation of Research Instrument
- 3.6 Method of Data Collection
- 3.7 Method of Data Analysis
- 3.8 Questionnaire Administration
- 3.9 Ethical Consideration
- 3.10 Statistical Analysis
CHAPTER FOUR
DATA ANALYSIS, RESULT AND DISCUSSION
- 4.1 Introduction
- 4.2 Presentation and Analysis of Data
- 4.3 Re-statement of Research Questions
- 4.4 Test of Hypotheses
- 4.5 Discussion of Findings
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATION
- 5.1 Introduction
- 5.2 Summary of Findings
- 5.3 Conclusion
- 5.4 Recommendation
- 5.5 Suggestion for Further Study
REFERENCES
APPENDIX A - “QUESTIONNAIRE”
Disclaimer for Complete Material Utilization
The displayed research work titled "Sourcing Decision and It's Impacts on Material Availability" is stated as a research guideline towards accomplishing your assigned project / seminar research work. All the research materials on this website are ONLY for research purposes and should be used as a guideline in developing your research work. For no reason should you copy word for word as projectlist.com.ng will not be liable for any who copied the material. By ordering the complete research guideline, it signifies that you've accepted our terms of service.
Frequently Asked Questions (FAQ)
Can the material for “The Impact of Insurance Companies in the Development of an Economy” be used as a guide for Banking and Finance (BF) Project?
Yes it can be used — The research work conducted in the project topic title “The Impact of insurance Companies in Economic Development of an Economy”, has achieved the objectives of carrying out the study, which are:- To establish the impact of the insurance companies have made and likely to make in future, the growth and stability of the nations economy and also areas where the insurance industry has failed in its noble objectives and make recommendation for improvements for better services of the industry. It has looked into the impact of insurance service to developing economy of Nigeria . And also the contributions of insurance services to the buyer of insurance products or its benefits to the purchases of these produce such as life assurance product motor …
Can this topic “Design and Implementation of an Online Campus Fund Raiser System” be used for Computer Science (CS) Project?
Yes it can be utilized for research — Campus fund-raising is the process of seeking and gathering voluntary financial contributions by engaging individuals, businesses, charitable foundations, or governmental agencies. The aim of the study is to design and implement an online campus fund raiser system. In achieving this aim, the following specific objectives were laid out as follows to develop an application software that will reduce money laundering among students officials and eliminate duplicate data entry and errors in time and entries. The motivation that led to the implementation of the proposed system is that some institutions use manual paper fund raising sheets for funds collection while this will be difficult for record keeping and also to keep track of the large number of students donating towards a …
Can this topic “Design and Implementation of an Online Personnel Information System” be used for Computer Science (CS) Project?
Yes it can be utilized for research — Online Personnel Information System is a system that tends to have clearly defined inputs and outputs that enable and provide necessary facilities for accurately and efficiently managing an organizational process. The aim of the study is to design and implement an Online Personnel Information System for local governments that will eliminate the problem of instantly getting human resource information when needed with minimum human effort. In achieving this aim, the following specific objectives were laid out to develop an Online Personnel Information System that will present reports pertaining to any employee or group of employees and implement a functional personnel information management system. The motivation that led to the execution of the proposed system is as a result of the …
Can the material for “Expert System on Typhoid and Malaria Diagnosis” be used as a guide for Computer Science (CS) Project?
Yes it can be used — This project, Expert system on Malaria and Typhoid Diagnosis, is a software system tailored for use in the diagnosis of malaria and typhoid diseases. The software is an expert system with a database containing an expert knowledge. The user only uses it to determine whether he or she has any of the diseases within its domain. The software has been designed to be interactive with audio capability eliciting from the user if they have symptoms of the diseases. The user response helps the expert system to determine the level at which the disease is present. The user is further advised on what next to do. This software is implemented in visual basic programming environment, Health care facility should be accessible …
Is the topic “Computerized Accounting Information System for Business Growth in Organization” recommended for Information System Project?
Yes it is highly recommended — Computerized Accounting Information System is an electronic-based system that processes economic information and supports decision tasks in the context of financial management and control of firm activities. The aim of the study is to Design and Implement a Computerized Accounting Information System. In achieving this aim, the following specific objectives were laid out to identify the relevance of computerized accounting information system for business growth, find out the various application of accounting information system by banks and identify the benefits of having an efficient computerized accounting information system. The motivation that led to the implementation of the proposed system is the poor accounting information jeopardizes administrative effectiveness, which makes managers of business organizations malnourished administratively in Nigeria. The methodology adopted …
Can this topic “The Effect of Poor Teacher - Pupil Relationship on Academic Achievement of Biology Students” be used for Education Project?
Yes it can be utilized for research — Teacher-student relationship is the quality of interaction between the teacher and the students that could lead to achievement outcome. The study was carried out to investigate the Effect of Poor Teacher - Pupil Relationship on Academic Achievement of Biology Students in Enugu East Local Government Area. Investigation revealed that poor performance in the field of science is caused by the poor quality of science teachers, overcrowded classrooms and lack of suitable and adequate science equipment among others. The school system generally in Enugu urban has seen associated with poor academic performance and formation of bad gangs by pupils, perpetual hatred to teachers and neglect of some subjects which then gave rise to serious problems for the realization of educational objectives. …
Is the topic “Impact of Tax Revenue on Economic Growth; Evidence From Nigeria” recommended for Banking and Finance (BF) Project?
Yes it is highly recommended — The study examined the impact of tax revenue on the Nigerian economy. The objectives of the study were; to examine the relationship between petroleum profit tax and the Nigeria economy, the impact of company income tax on the Nigerian economy and the effectiveness of non oil revenue on the Nigerian economy. Data were sourced from Central Bank Statistical Bulletin and extracted through desk survey method. Ordinary least square of multiple regression models was used to establish the relationship between dependent and independent variables. The finding revealed that there is a significant relationship between petroleum profit tax and the growth of the Nigeria economy. It showed that there is a significant relationship between non oil revenue and the growth of the …
Is the topic “The Impact of Effective Credit Documentation in Commercial Bank” recommended for Banking and Finance (BF) Project?
Yes it is highly recommended — The Impact of effective credit Documentation in commercial banks. The level and Magnitude of credit Mis-management has continued to increase in the financial system at an alarming rate, and very soon, the banks capacity to perform it’s traditional function of financial intermediation will be impaired and obviously, the real section of the economy will be adversely affected. It is in view of this fact that the need for this research exercise arose, taking a through look into the scene of “portfolio management problems in commercial Banks” with first bank Plc Kaduna branch as case stitches. The research exercise states from chapter one with the statement of general problems, objectives, significant, scope limitation and delimitations, definition of terms, historical background of first …
Can the material for “Factors That Affect Performance of Secretarial Career in Some Selected Organization” be used as a guide for Public Administration (PA) Project?
Yes it can be used — This research work is aimed at finding out and studying the factor affecting secretaries in Enugu capital territory. Secretaries were selected from the organization in Enugu capital territory. Secretaries were selected from the organization in Enugu as well as student secretaries from IMT Enugu. To carry out this project effectively hypothesis were formulate and based on the hypothesis questionnaires and inter view questions were drawn. The questionnaires were administered to both student and practicing secretaries selected from the above organization in Enugu capital territory. Oral interviews were also conducted on some secretaries in the selected establishments. However, it was discovered that factors like sogological, technological economic environmental factors and poor language structure were the factors adducting secretarial career in Enugu capital and …
Can the material for “Effects of Boarding and De-Boarding on the Academic Performance of Senior Secondary Students” be used as a guide for Education Project?
Yes it can be used — The study examined the effects of boarding and de-boarding on the academic performance of senior secondary school students in Wase Local Government Area of Plateau State. The quasi experimental design was adopted for this study. The target sample comprised of 48 with comparable ability and comprised of boys and girls between the age range of 16-28 and 16 teachers of Government Secondary School Wase (boarding) and Government Secondary School Ilirim in Wase Local Government Area of Plateau State. The instruments were used for the study namely; Secondary School Teachers Questionnaire (SSTQ) and the average mean scores of secondary school students in the first term examination. The instrument is made up of 9 items and it consists of 8-items which formed the …