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International Procurement And Its Justification
[A CASE STUDY OF GLOBA SOAP AND DETERGENT, ILORIN]
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1.5 SIGNIFICANCE OF THE STUDY
If international buying is effectively and efficiently carried out, it is possible to derive vital in gain from it. Global Soap and Detergent llorin derives the following important from overseas buying.
1. Better quantity material: Material of best quality are got from overseas due to their technological advancement.
2. Increase in prefer to buy foreign goods because it is mostly cheaper when compared to local source because of lower wage, longer runs, better product, better plant and some other important which might at long run reduced the amount to be paid for the gods. In this wise, this tends to increase the profitability of the company used as a case study, Global Soap and Detergent Ilorin.
3. Better quality material spark parts, component are got from international market.
1.6 HISTORICAL BACKGROUND OF GLOBAL SOAP AND
DETERGENT INDUSTRIES LIMITED COMPANY PROFILE AND CITATION
INTRODUCTION
Global Soap and Detergent Industry Limited is a member of the Doyin Group of Companies and the first indigenous company licensed to manufacture soap and detergent in Nigeria. It was in corporate on 8th October, 1984 with head office at Lagos and the factoring situated at Amuda Aluko way llorin, Kwara State.
OWNERSHIP AND MANAGEMENT
The company is operated managed and directed by full blooded Nigerians. Owned by courageous and experienced industrial 1st prince (Dr) Samuel Adedoyin who led for many years been championing indigenous technology, backward integration and the use of local raw material in Nigeria.
Global Soap and Detergent Industry was established in response to the call of the Kwara State Government in industrializing Kwara State. Price Adedoyin is the chairman and managing director. The affairs of the company are managed under the Leadership of Mrs. Omolola Olobayo, the Executive Director. Member of the management team also include a list of manager with Engr T. N Njoku as the general manager.
The company operates the following department: personal and administration, technical, production, accounts, sale, marketing, audit, purchasing laboratory/quality control raw materials silicate, sulphonation and distribution department.
FACTORIES
The company has greatly contributed to the growth of the Nigeria economy through industrialization. Despite the economy downturn, the company has metamorphosed from its one detergent factory and a pioneer staff strength of 40th in 1985 to the present conglomerate of seven factories with a staff strength of over 1000.
THE DETERGENT PLANT
The detergent plant is a Sabiz Italian plant. In 1993 it was up graded to a 10 ton per hour capacity. The product are mainly detergents and the following one the brands presently being produced: flash blue detergent (200gm) bold detergent (10kg, 5kg,lkg, poly and sack) wash (10kg, 5kg, 2kg,lkg poly and sack) and super deal (200gm).
SULPHONATION PLANT
This is a 10 ton per hour plant commissioned in 1994 upgraded to 1.6 ton per hour. The main product is sulphonic acid which is a raw material used for the production of detergent powder and detergent bar.
SOAP PLANT
This soap comprises 1.0 per hour each of toilet soap and laundry soap. The plants were commissioned in 1990. The product are Hielean bar soap (600gm), Bold tablets (110gm) Bold tablets (200gm) vogue toilet soap (95gm) grand tablets (150gm) vogue quest soap (30gm) med soap antiseptic soap (25gm).
GLYCERINE PLANT
The glycerin plant uses lye which is a by product of soap
production as a raw material to produce glycerire. The plant is a 0.1 ton per hour capacity and was commissioned in 1992.
DETERGENT BAR PLANT
The detergent bar plant which has a capacity of 1.0 ton per day commissioned in 1994. The product is bold detergent bar (400gm).
SILICATE PLANT
This furnace produces sodium silicate which is a raw material for the production of detergent, soap and detergent bar. The plant which is a 10.0 ton per day was commissioned in 1993 two similar furnace are sited in Lagos.
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ABSRACT - [ Total Page(s): 1 ]ABSTRACTThe research work is basically concerned with the international procurement and its justification. The research work covers the purchasing activities of Global Soap and Detergent Industry limited Ilorin. International buying is the procurement activities which involved source and obtaining needs or requirement from a foreign country for use in another country. International trade is particularly important to consumer in all nations. Nations trade in what they produce most efficiently in ... Continue reading---
