ABSTRACT
The topic treated in this project is “the need for purchasing research in a manufacturing firm. A case study of Rokana industries Ltd Nekede, Owerri- Imo State.
The topic is very vast and one cannot claim to have treated all the aspects of the literature covered in the topic within this skeletal outfit. It attempts to identify the various census of low purchasing research in industrial in Nigeria. It also attempts to identity the various measures adopted by the company with the help of purchasing research. The aim is to ensure that only the measure relevant to the need of purchasing research in industries in Nigeria is adopted. This is to ensure increase in productivity, supply and cost reduction.
The research instrument used include self administered questionnaire and Analytical techniques comprising of simple table, percentages and chi square were also used. The target populations were purchasing, stores, personnel, Accounts and transport department in the selected company.
In conclusion adequate budgetary allocation for purchasing chasing research is seen as necessary for an enhanced purchasing activities and productivity.
CHAPTER ONE
1.0 INTRODUCTION
1.1 BACKGROUND OF THE STUDY
Purchasing is an important aspect of business management and any organization. It must not be neglected or ignored. Any management that neglected it is likely to face some critical problems. One of the problems it may face is that of cost that will generally reduce its corporate profit.
Therefore, purchasing research in a manufacturing firm like Rokana industries is one which requires proper research and alternation so as to prevent the management of Rokana industries form making wrong purchasing decisions which can in one way or the other reduce their market share.
Purchasing has long consider as one of the basic function common to all organization. Long before the large organization appeared with its foundationally specialized department’s people bought and sold. Purchasing or organization purchasing can therefore be defined as that function responsible for obtain by purpose lease or legal means equipments, materials, supplies and services required by an organization or undertaking for use in production.
This work is expected to help the management of Rokana, industries to understand and appreciate “ purchasing” department on order to develop a set of statement that provide practical and useful targets for decision making purpose. This helps in improving the company’s mission, growth, strategy and portfolio plan that helps in long, middle and short term plan as a means enhancing or solving purchasing challenges.
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