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Assessment Of The Need For Effective Stores Records In The Public Sector Stores
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CHAPTER ONE
1.0 INTRODUCTION
1.1 BACKGROUND OF THE STUDY
As
personnel is seen as a life wire of an organization, so also are stock
records of paramount important for proper running of any organization be
it public or private.
Effective stock systems is required for
actualization of organizational goals and objectives. Stock Record are
forms of clerical records designed to provide on the spot information
about all items of stock held within the stores organization whether
public or private. The range of this information will depend upon the
system employed and the scope of the operations of the organization.
However, their basic functions which stock record system should able to
cover in any organization especially in the public sector.
The public
services which is sometimes closely called the public sector, exist for
smooth running of the states and its affairs, through the execution,
implementation and translating of government proposals, policies and
programmes into actions. When policies are formulated, approved through
legislative processes and enacted as laws, corresponding programmes are
put in place for the full implementation of these policy statement. In
most cases existing institution are used for the implementation of the
programmes of these policies, while in other cases, new
agencies/institution are put in place for it implementation. The outcome
of this policies are usually through execution of project that are
immense benefit to the welfare of the general public or a segment of the
society.
Essencially, the execution of project involve the
effective management and administration of both human and material
resources in other to achieve set goals. This means that materials and
other stock are used in public sector in the execution of the affairs of
the government. Hence, the main thrust of this research work is to
study the need for effective store records in public service specially
in Owerri Municipal Council.
Owerri Municipal Council was created in
December 5, 1996 during the local government review headed by Chief
Arthur Mbanefo during the Abacha regim. The council comprises of the
following area/villiages as worlds Umuororonjo, Amawom Umuonyeche,
Umuodu and Ummonyima popularly called Owerri Nchi-ise.
Owerri
municipality assumes the regional headquarter of the Eastern region,
with the federal government locating most of its zonal offices in
Owerri. The private sector equally followed suite because of its
strategic location in the heart of Imo State. Owerri Municipal Council
has a landmass of about 24.88km square.
In recognition of the
important of the store record function in the public sector store
management, the federal government of Nigeria recently reviewed and
update store record for effective management and control of scare
resources-stores. The regulation are meant to insure that effective
store procedures and strategies are adopted and also it covers
procurement procedure and store procedure (How to manage material and
stock in government stores). This regulation are contain in federal
government financial regulation.
Owerri Municipal Council, in it
effort to ensure effective store practice are streamlined and outlined
various strategies that will help to ensure that there is proper store
record in place in the council.
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ABSRACT - [ Total Page(s): 1 ]Stock like the human beings are important elements of an organization. As such, effective and efficient store record system is necessary for good management and administration of stocks in the organization. In the face of a weak private sector driven economy, the government have decided to provide for majority of the amenities, facilities and development needed to keep the economy growing. These in return have made the government to be involved in Business even when governments have no Biz in Bi ... Continue reading---