-
Management In A Manufacturing Company
CHAPTER FIVE -- [Total Page(s) 2]
Page 1 of 2
-
-
-
CHAPTER FIVE
SUMMARY OF FINDINGS CONCLUSIONS AND RECOMMENDATIONS
5. 1 Summary of Findings
Material management has been defined as the total of all those tasks, function activities and routines which concerns the transfer of external materials and service into the organization and the administration of the same until they are consumed or used in the process of production operation or sales.
After the analysis and interpretation in chapter four, evidence has shown that effective materials management and control contribute to the organizational performance or success.
The research work has come up with the following summations.
i. For a company to be highly efficient in handling and management of its materials, it has to at least once in a month, do stock taking and stock checking of its material.
ii. Forecasting for material requirement helps the organization to have a smooth operation. In order for materials managements to plan effectively and accurately relating to both the present and the future and this will help the organization to have an efficient and efficient performance.
i. The company has to establish an efficient communication system in the organization to ensure that the information required are communicated at the right time and to ensure that decisions based on stock control are correct.
However, this study has able to establish that effective materials management contribute to the success of 7 up booting company, Plc fun plant the case study
5.2 Conclusion
The creation of management within the procedure of purchasing and storing activities is nothing but to see that the store department which houses the purchasing section achieves. It goals Based on the findings from the investigations carried out for the purpose of this research work the following conclusions have been made.
1. The manner with which materials are handled can have serious effect on the company that is, if materials of complex nature or high values are mis-handled this could lead to damage or deterioration of materials which may render them useless by the user’s department and also constitutes a great loss to the organization so to avoid this, materials should be handled in the best manner.
2. That complete specification by the user’s department enables to purchasing department to suitable suppliers with suitable materials.
3. That the naira a saved in the course of purchase have more effect on the profit of the company either in production or selling. This is the reason why purchasing should be effective.
4. That stock taking and proper stock checking are essential for effective material management
5. That the results reveal that effective materials management contribute to the success of an organization.
6. That effective management and control leads to efficient operation cost.
CHAPTER FIVE -- [Total Page(s) 2]
Page 1 of 2
-
-
ABSRACT - [ Total Page(s): 1 ]WILL COME HERE SOON ... Continue reading---
LIST OF TABLES - [ Total Page(s): 1 ]LIST OF TABLE AND FIGURESFigure: 3.2.    Corporate organization structure Table:  4.2    Material purchase and inventory cost for the year 2009 Table: 4.6    Production schedule and finished products inventory cost for the year 2009 ... Continue reading---
TABLE OF CONTENTS - [ Total Page(s): 1 ]TABLE OF CONTENTTitle page  Certification  Dedication    Acknowledgment  Table of contents  List of table CHAPTER ONE1.1   Background of the study  1.2   Statement of research 1.3   Research objectives 1.4   Research question 1.5   Justification of study    1.6   Scope of the study 1.7   Historical background of the case study 1.8   Definitions of terms CHAPTER TWO LITERATURE REVIEW2.1   Concept of material management ... Continue reading---
CHAPTER ONE - [ Total Page(s): 3 ]CHAPTER ONEINTRODUCTION1.1   Background to the StudyAs a manager in a manufacturing company. It a more necessary than ever to improve tire overall productivity of lire operation ‘while such improvement requires an integrated dint involving all functional areas of the facility specific actions are requited within each functional area one of the functional areas in a manufacturing operation that is critical in the overall productivity of the company is material management The material ma ... Continue reading---
CHAPTER TWO - [ Total Page(s): 6 ]Price nut Carter (2005) further stressed that the stock controls system is responsible for the correct establishment of stock levels for every item held in the store when these levels are being established certain basic operational factors have to be considered and then reflected in the final stock figure. These as follows:i.   Storage capacity: This is the amount that can be held will be restricted by the actual physical capacity of the stores. Operation in sonar cases where a special store ... Continue reading---
CHAPTER THREE - [ Total Page(s): 3 ]CHAPTER THREERESEARCH METHODOLOGY3.1 IntroductionThis chapter makes an attempt to present the general procedure needed to carryout this study. It includes brief description of some key pots of this research such as the brief history of the company (Seven up Bottling Plc. Ilorin plant), population, sample, method of data collection and sampling techniques.3.2Â Â Â Corporate Organization StructureF.C Â Â Â Â Â Â Financial controverE.S.M Â Â Â Engineering Service ManagerC.O.O Â Â Â Chief opera ... Continue reading---
CHAPTER FOUR - [ Total Page(s): 14 ]This result implies Mirinda fruity drink should be processed in S5 runs in a yearb.   N = number of runsT = 260/85              = 3.05            3 runs/yearIt means that each run should be scheduled for every 2 working day of the yearThe optimal numbers of runs per year out are between successive runs for production of Mountain dew drink. a. A= 1100,              Q = 4734 crates N =1100000/4734                         ... Continue reading---
REFRENCES - [ Total Page(s): 1 ]REFERENCESMenlizer, W Keebler (2001) Business journal logistics Page 1-26,Bailey, and Farmer (2006) Purchasing principle and management 9th EditionTrans-Altantic publication onlineTooley, D.F (2001) Production control system and record 2nd Edition: London Gower pressRogger (2004) Management 3 Edition London, M&E handbook series, pitman.Orleckey J. (2000) Material requirement planning New York Mc Graw4lill on lineLyson (2006) Purchasing and supply chain. 7th Edition prentice hall onlineLancastcr. ... Continue reading---
