Man Power Inventory and Organizational Productivity in the Pharmaceuticals Industry
ABSTRACT
Materials play a key role in manufacturing firms as it represents the major component of manufacturing cost and profitability. The accumulation of, and need for materials in the form of inventories, is a significant variable for managers to concentrate on, monitor and control.
This study therefore examined Materials Management: Effective Instrument boost to manufacturing organization using a case study of Unilever Nigerian Plc. Data was collected through a structured questionnaire, relevant publications and interview with key individuals in the company.
The results showed that there was significant increase in the company’s profitability as a result of efficient management of materials, which was aided by inter-departmental coordination among materials related departments, inventory management, good relationship with vendors, and state-of-the-art facilities/ICT.
However, the major constraints to Materials Management in the company included epileptic public power supply and poor transportation network. This study advocated that priority should be given to Materials Management to Manufacturing Industry in order to achieve significant cost saving, improvement in production efficiency, and increase in profitability and competitiveness.
Recommendation was made for government to provide adequate infrastructural supports to boost Materials Management in Nigerian in Manufacturing Industry.
TABLE OF CONTENT
TITLE PAGE i
CERTIFICATION ii
DEDICATION iii
ACKNOWLEDGEMENT iv
ABSTRACT v
CHAPTER ONE
1.0 INTRODUCTION
1.1 BACKGROUND OF THE STUDY
1.2 STATEMENT OF THE PROBLEM
1.3 OBJECTIVE OF THE STUDY
1.4 RESEARCH QUESTIONS
1.5 FORMULATION OF HYPOTHESIS
1.6 SIGNIFICANCE OF THE STUDY
1.7 SCOPE OF THE STUDY
1.8 LIMITATION OF THE STUDY
1.9 OPERATIONAL DEFINATION OF TERMS
CHAPTER TWO
LITERATURE REVIEW
2.0 INTRODUCTION
2.1 CONCEPTUAL FRAMEWORK
2.2 THEORETICAL FRAMEWORK
2.3 EMPIRICAL FRAMEWORK
CHAPTER THREE
RESEARCH METHODOLOGY
3.0 INTRODUCTION
3.1 RESEARCH DESIGN
3.2 POPULATION OF THE STUDY
3.3 DETERMINATION OF SAMPLE SIZE
3.4 SAMPLING TECHNIQUES
3.5 METHODS OF DATA ANALYSIS
CHAPTER FOUR
DATA ANALYSIS AND PRESENTATION OF RESULT
4.0 INTRODUCTION
4.1 DISTRIBURTION AND COLLECTION OF QUESTIONNAIRE
4.2 TEST OF HYPOTHESIS
CHAPTER FIVE
SUMMARY OF THE FINDINGS CONCLUSION AND RECOMMENDATION
5.0 INTRODUCTION
5.1 SUMMARY OF FINDINGS
5.2 CONCLUSIONS
5.3 RECOMMENDATIONS
REFERENCES
QUESTIONNAIRE
INTRODUCTION-Man Power Inventory and Organizational Productivity
As a manager in a manufacturing company. It is more necessary than ever to improve the overall productivity of the operation while such improvement requires an integrated effort involving all functional areas of the facility,
specific actions are required within each functional area one of the functional areas in a manufacturing operation that is critical to the overall productivity of the company is material management.
The material management involves purchasing supplier management, material handling within the facility and extensive coordination among all functional areas of the facility in conjunction with material management sapiens, Jazayeri (1998).
Once the production process is under way the attention of the operations manager shifts to the daily activities of material management the daily composes materials purchasing, inventory control and work scheduling.
Therefore, the main point of materials management is to satisfy the need to all operating system such as manufacturing production line, promotional activities and physical distributor lines. The operation as the customer, manager must work around the system till everything his and needs are satisfied.
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