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Effectiveness Of Purchasing Planning And Control In A Manufacturing Organization
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1.3 OBJECTIVE OF THE STUDY
1) The primary objective of this study is
to know the effectiveness of purchasing panning and control in a
manufacturing organization (ANAMMCO)
2) This study will enable the
research to know some basic problems that develop in the process of
having good purchasing planning and control in a manufacturing
organization.
3) This study will provide the researcher some
solution to the problem and reduce bottleneck in planning process of the
particular organization.
4) To know the benefit on good purchasing planning and control in a manufacturing organization.
5) This research can equally serve as a base for further study on topic related to the subject.
1.4 RESEARCH HYPOTHESES
1) The presence of unqualified purchasing personnel’s makes Purchasing planning and control ineffective.
2) Due to frequent change of purchasing personnel’s, Purchasing planning and control in ANAMMCO becomes ineffective.
Lack
of effective improvement and change in Purchasing plans and control
doesn’t led to lose of market to other competing firms by Anamco.
1.5 SIGNIFICANCE OF THE STUDY
The
significance of the stud is to draw the attention of other researchers
in the field of business especially purchasing to be interested in the
conduct of more indept research in the area of the Purchasing planning
and control effectively.
The idea will act as a framework ie to put
the plan together to direct market managers on how to put the plan
together so s to make it effective in formulating good Purchasing
planning and control over foreign investor in Nigeria.
The study
will also induce business managers, entrepreneurs, purchasing managers,
and sales managers to take proper care to develop a purchasing pan and
control that will be devoid of the problem identified by the research in
the study. This write up is also expected to teach young learners to
serve as history for them during their own time of learning.
Based on
the findings, the researcher will work within his scope to provide some
solution to the research problems and reduce unavoidable ones.
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