AN APPRAISAL OF MATERIAL MANAGEMENT CONCEPT AS A STRATEGY FOR ACHIEVING HIGHER PRODUCTIVITY IN NIGERIAN BOTTLING COMPANY

AN APPRAISAL OF MATERIAL MANAGEMENT CONCEPT AS A STRATEGY FOR ACHIEVING HIGHER PRODUCTIVITY IN NIGERIAN BOTTLING COMPANY

 

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CHAPTER ONE: INTRODUCTION

1.1     Background of the Study –         –         –         –         –         –         –         1

1.2     Statement of the General Problem        –         –         –         –         –         3

1.3     Objectives of the Study    –         –         –         –         –         –         –         4

1.4     Statement of Research Hypothesis       –         –         –         –         –         5

1.5     Significance of the Study –         –         –         –         –         –         –         5

1.6     Scope of this Study          –         –         –         –         –         –         –         6

1.7     Limitations of the Study  –         –         –         –         –         –         –         6

1.8     Historical Background of the Study     –         –         –         –         –         8

1.9     Definition of Terms         –         –         –         –         –         –         –         9

CHAPTER TWO: LITERATURE REVIEW

2.1     Concept of Material Management        –         –         –         –         –         11

2.2     The Significance of Materials Management Concept          –         –         14

2.2     The Material Flow System         –         –         –         –         –         –         15

2.4     Scope of Material Management  –         –         –         –         –         –         19

2.5     Determination of Material Needs         –         –         –         –         –         21

2.6     Material Cost Reduction Strategies       –         –         –         –         –         23

2.7     An Appraisal of Material Management Concept as a Strategy for Achieving Higher Productivity  –         –         –         –         –         –         –          26

CHAPTER THREE: RESEARCH METHODOLOGY

3.1     Research Design    –         –         –         –         –         –         –         –         28

3.2     Research Population        –         –         –         –         –         –         –         28

3.3     Sample Size and Sampling Technique –         –         –         –         –         29

3.4     Method of Gathering Data         –         –         –         –         –         –         29

3.5     Justification of the Method Used         –         –         –         –         –         31

3.6     Method of Data Analysis –         –         –         –         –         –         –         31

3.7     Justification of the Instrument Used     –         –         –         –         –         32

Bibliography          –         –         –         –         –         –         –         –         33


 

CHAPTER ONE

INTRODUCTION

1.1     Background of the Study

The Need for Appraisal of Material Management Concepts as a strategy for achieving higher productivity and to make up with the growing complexity of industrial needs. Management performance appraisals is one of the most important opportunities in effective delivery of the company’s set objective if done correctly, performance appraisals can help close the gap between the actual performance of the company and the performance needed to make corporate objectives.

Appraisals Management can be compared to an annual check-up: both provide an opportunity for an honest assessment of how you are doing. You need to know what you are doing is right so you can continue with those activities.

Modern management has expanded the traditional scope of purchasing and procuring to cover the entire material management process. Thus Lee and Dubler (1983) define Material Management as a confederacy of traditional material activities bound by a common idea, and of intergraded management approach to planning. Acquisition, conversion, flow and distribution of production material from the raw material state to the finished product state.

The concept also provide for delegation of responsibility and authority with regards to procurement and supply of material. The concept also recognizes the importance of the principle of accountability by providing a management approach which is responsible for all decisions.

Through material management, there is relatively recent concept much through has been given to it particularly since World War II, when industries all over the world were awoken to the fact that tremendous economies could be achieved by sufficient material management. The concept is today relevant to business organization because they will have a centralize body responsibility for buying with the overall advantage of procuring standard material at possible bulk. Disco unit and obtaining special vender relation. It means that spending valuable money is in the heart of people who are trained and competent for this job.

Performance Appraisal in Material Management evaluates materials employee’s current and past performance to the productivity standard, management processes through which companies ensures that the materials are working towards organizational goals include, practice through which manager defines the materials sets targets and work, develops the productivity and evaluate the outcome of production.

Frequently, it is found that material are expensive and in order to reduce overall costs, it require the close cooperation and co-ordination of material and other user department to ensure that material ordered are made to arrive only when they are needed, the benefit of this approach is that of cost reduction and maximization of the company’s profit.

Thus, the growing need for efficient operation of material management is increased in recent time.

1.2     Statement of the General Problem

Attempts has been made towards operating on integrated approach to their material problem such as lead time organization is not certain so therefore time given to complete a given task of production delivery of goods always exceeds the expected given time.

The use of quantitative techniques in assigning jobs in some organization may cause wastages of materials as the individual involved may not have the skill and technical know-how to carry out the task effectively and efficiently.

Lack of training and retraining of members of staff on how to use the materials and keep the proper records of inventories can also bring losses and production of inferior or scraps that may not be useful to the stud

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