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Ethnical And Social Responsibility Of The Purchasing Practice In Industries
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CHAPTER ONE
1.0 INTRODUCTION
Purchasing had been practiced right
from ancient times. Organizational purchasing started in Nigeria
Seriously after Independence. Before Independence, the Industry was
mainly administrative and not manufacturing, manufacturing firm started
shortly after Independence in Nigeria in earnest.
Purchasing department was developed immediately in Industries an assigned with major roles such as:
1. Finding and approving suppliers
2. Ensuring delivery at the right time
3. Warning of delays
4. Verifying invoices
5. Organizing all discussion with suppliers.
6. Speculative buying
7. Advising on prices and
8. Acting as a window on the world
These major roles cannot be achieved except purchasing principles and practice are fully employed.
Many
industries failed because ethical and social responsibilities of the
purchasing practice for buyers in industries were ignored. The
theoretical discussion of ethical and social responsibilities naturally
prescribes the behaviour that is appropriate or expected of purchasers.
But the pertinent or crucial question is whether in reality purchasers
are adhering ethically and socially responsible? Are purchasers
attaching importance to the satisfaction of industries in acquisition of
material and enhancing high level of productivity? How far in reality
are buyers being ethically and socially oriented in their purchasing
activities?
Looking at Nigerian industries, therefore, we observed
the prevalent tensency among some of the purchasing officers who
embezzle money in their purchasing activities as against the interest of
their company’s use. This selfish attitude causes a lot of problems for
the industry if they are not honest in discharging their
responsibilities.
The purchasing principles are yet to be adopted or
practiced by some Nigeria’s business enterprise. There are a lot of
things being practices which negates the purchasing ethics. Ethical and
social responsibilities of the purchasing practice in industries are
desperately needed in Nigeria and should be adhered to or practiced by
purchasing officers, especially in this era of grave economic and social
ills prevalent in many transactions in Nigeria business. There are a
lot of vices being committed by purchasing officers who do not have
purchasing orientation. For instance, we have the following unethical
practices in Industries.
1. OVER INVOICING: This unethical practice
is similar to commercial bribery. In this case a purchasing officer asks
the supplier to inflate the invoice value of the order place for his
company use.
2. BRIBES, GIFTS OR KICK BACKS: In some organization
purchasing officers demand bribes, gifts or kick-backs from suppliers
and sales managers.
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ABSRACT - [ Total Page(s): 1 ]This research project intends to explore the Ethnical and social responsibilities of the Purchasing Practice in Industries in Nigeria. I deemed it necessary since this research topic is unique to industries in Nigeria, an environmental practical research was carried on, in a brewery industry using Golden Guinea Breweries Plc Umuahia as a case study which was used to generalize the project objectives. This research work cannot be said to be exhaustive due to changing nature of our industries, and ... Continue reading---
