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Management In A Manufacturing Company
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5.3 Recommendation.
From the flare going investigations and findings the following recommendations are offered with the hope that they will help in improving the efficiency of the company and also increases their profitability.
1. Adoption & application of EOQ model for total inventory cost and cost saving effect of economic order quantities.
2. The materials are manager must ensure the necessary materials are supplied to user’s department at the right time the right operation and quantity so as to effect efficient operations.
3. The store officer must ensure regular inspection of all stores especially areas in which materials are stored and handled.
4. The company should stock to the use of automated material handling system, by this damages piliferage and deterioration etc which are caused as a result of the use of crude method of materials handling reduced.
5. Adequate safety and security of staff particular in stores, factory and other departments must be ensured (i.e. protective clothing e.g. gloves safely goggles; helmet etc must be used when needed so that maximum productivity can be attained.
6. The storekeeper must ensure that must ensure that materials are not carefully discarding e.g. empty bottles
7. The receiving department should be given a purchase order copy of each material purchased, so that the receiving officer will know that deliveries are expected and when
8. Materials should be tested by a qualified control employee before being place in storage
9. Stock movement should be adequately documented i.e. whatever received and issued
10. Storage space should be designated for each material item and well labeled
11. Physical counts should be accurate
It is also recommended that government should assist companies in industry in the importation or so some and materials since Local raw materials cannot meet or satisfy their present demand.
All above recommendation, if adopted will assist the organization and consequently guarantee effective and efficient materials management in an organization.
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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---
