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Role Of Purchasing In The Achievement Of Organizational Objective
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1.2 STATEMENT OF THE PROBLEMS
The
purchasing department play a very important role to the success of any
organization, whether in the public or private sector. The function is
responsible for buying all the raw materials and supplies of the right
quality of the quantity, from the right sources, at the right time and
at the right price. Successful purchasing depends to a large extent on
the ability to understand the various environment in which they
operates.
They should be fully aware of all legal requirements
relating to purchasing practices within their organization. Knowledge of
this will help them in the performance of their duties.
The major
problem of this research is to determine the role of purchasing in the
achievement of an organizational objectives with particular to its
activities in modotels Nigeria Ltd Owerri to solve this problems in
purchasing especially with relationship among the most critical of the
variables, constraints and premises that bear upon the objective sought
is very important.
Purchasing decision result out of research investigation and findings which is a vital aspect of the typical research.
The
purchasing manager or any one concern with any branch of purchasing is
faced with the problem of what quality. This question can be answered
when data has been collected and analyzed for dependable information. It
is wise to undertake reliable research before decisions are taken
because most of the decision are made under dynamic conditions.
1.3 OBJECTIVE OF THE STUDY
To
use quantitative statistical analysis method to derive the purchase
volume for any of the sessions and if possible to ascertain the direct
effect on contribution statement of any savings in purchase cost either
directly in price or in efficiency of the handling materials.
Also,
to define and evaluate the duties and performance of the purchasing unit
and to review it’s methods of operation so as to recommend a better
procedural operation for the unit.
To know if purchasing unit has
fulfilled it’s mission buying the goods and services that will satisfy
the desires of the user departments.
1.4 RESEARCH QUESTION
To guide the study the following research questions where posed:
(i) What are the use of quantitative statistical analysis method in the organization
(ii) What are the duties and performance of the purchasing unit in the organization
(iii) How did purchasing unit fulfilled their mission the organization
(iv) What are the effect that contribute the savings in purchasing cost.
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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---
