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Role Of Purchasing In The Achievement Of Organizational Objective
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CHAPTER ONE
1.0 INTRODUCTION
The evaluation of mass production
which so much relievers upon a continue flow of right materials has
brought an impact and the need to improve purchasing participles and
management.
Furthermore, the effects of shortage high price of
commodities and allied improvisation have caused the problem of material
and services to intrude into boardrooms of many organization be it
large or small, public or private and even in government agencies.
As
a result of this cost of materials and supplies for industrials and
non- industrial purpose account for large proportion of he cost of the
organization expenditure.
When purchased items accounts for such of
high proportion of the organization expenditure when prices of goods are
fluctuating widely when numerous diverse items are constantly needed
and when the quality of the materials a services appreciably influence
the cost of service than an organization purchasing role becomes
particularly very attention “ (Oyeoku) the purchasing role is to see
that materials and services are provided at the lowest cost which is in
correspondence with suitable quantity and safety.
Purchasing must
work other department of the organization as its role involves other
factors some prior or subsequent to the actual ordering.
These facts
include the investigation and selection of sources of supply working
for alternative materials, the expediting or follow up order which will
eventually enable the buyer ensure prompt deliveries the transportation
and packaging aspect the transportation storing and issuing the
materials so revived it has there become a complex function and needs a
help of practitioners to be effectively carried out and required
adequate training in purchasing and supply management techniques.
Practitioners need to belong to the appropriate purchasing and supply
institutes.
1.1 BACKGROUND OF THE STUDY
It is important to note
that the institution is guided by the procedure and purchasing manual
being employed purchasing like modotels Nigeria Ltd Owerri is an act of
procuring materials, supplies and services to further the services
rendered for the consumption of the public the function has to be
executed within the frame work of the law of the organization or the
particular agency, which might be other wise executed in the private
sector without fear of running foul of the law the organizational
purchasing office has advantage, which is not available to those in the
organization.
However, the manager of the organization in recent
years has given much attention to the direct contribution which
purchasing activities can make to the savings of modotels Nigerian Ltd
Owerri the purchasing function has a whole wide lot to offer it outs
across all through the different department in modotels, Account, store,
house keeping food privilege, the maintance of cordial relationship
with these department become increasingly important. Besides the
“quantity†quality and the time factors are usually defined for the
purchasing department by these department or others that may be
responsible for specifying procurement requirements.
CHAPTER ONE -- [Total Page(s) 3]
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ABSRACT - [ Total Page(s): 1 ]This topic role of purchasing in the achievement of an organizational objective has been chose in order to bring and focuse the explicit importance of purchasing in any business environment organization it.Chapter one embrace the introduction background of the study objective of the study scope the study significance of the study limitations. Chapter two deals with literature review role of purchasing on an organization objective of purchasing and importance of purchasing in an organization Chap ... Continue reading---
