• The Significance Of International Purchasing On The Organization Productivity
    [A CASE STUDY OF DOYIN INVESTMENT COMPANY]

  • CHAPTER ONE -- [Total Page(s) 5]

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    • 1.6    RESEARCH QUESTIONS
          In this chapter the research questions will be answered one by one, suggestions for the future research will also be given.
      1.    What are the main driving forces and challenges for companies conducting international purchasing?
      The main driving forces for conducting internal purchasing are; cost, quality, efficiency, increase competition in the domestic market and cut lead times. Corporate Social Responsibility (CSR) ad sustainability can also be regarded as driving forces since purchasing directly from suppliers instead of using a reseller could create control over the supply chain. There is a shift going on regarding the driving forces for internal purchasing.
      Previously, cost focus has been absolute dominant. Now it has replaced more and more by other factors such as quality and Corporate Social  Responsibility (SCR). The challenges connected to international purchasing are language barriers, cultural differences, documentations, transforming norms and standards, trade barriers, imposition of  tariff-quotas, exchange rates caution, finding the best suppliers, potential resistance, CSR and sustainability issues and logistics.
      2.    What factors determine which purchasing markets that are relevant?
      The factors determine relevant purchasing markets are varying depending on industry. in general the most important factors are, cost-level, capability to produce the required products, infrastructure and stability on the market. CSR (Corporate Social Responsibility) and sustainability issues are getting increasingly important and will affect these decisions even more in the future.
      3.    How are companies affected by CSR (Corporate Social Responsibility) in their work with international purchasing?
      The importance of CSR growing and it definitely affects companies in their work with international purchasing especially, it affects how they work with suppliers. CSR have made it increasingly important to work more together with the suppliers and by that increase the suppliers knowledge about these issues, strengthens supplier relationship could also have positive effects on cost, quality and efficiency. Companies are of course also affected by the challenges connected to CSR, such as the definition and “how far should you go” problem.
      4.    How could NCC handle driving forces, challenges and Corporate Social Responsibility (CSR).
      Based on their own capacity and their customer’s requirements they need to prioritize, it is not possible to get anything, low price, high quality and full traceability throughout the supply chain is a tough equation to solve.
      1.7    FORMULATION OF RESEARCH HYPOTHESIS
          The following hypotheses were tested to guide the study.
      Hypothesis One
      Ho1:     There is no challenge to international purchasing with main strategic options available for the purchasers. 
      Hi1:     There is challenge to international purchasing with main strategic options available for the purchasers. 
      Hypothesis Two
      Ho2:     Supplier selection criteria are not important in the international context.
      Hi2:     Supplier selection criteria are important in the international context.
      Hypothesis Three
      Ho3:     International purchasing has no significant effect on small scale industry.
      Hi3:    International purchasing has no significant effect on small scale industry.
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    • ABSRACT - [ Total Page(s): 1 ]Abstract coming here soon .... continue to other pages ... Continue reading---

         

      APPENDIX A - [ Total Page(s): 1 ]APPENDIX                                                             Kwara State Polytechnic                                                             Department of Purchasing and Supply,                                                             Institute of Finance and Management Studies,                           ... Continue reading---

         

      QUESTIONNAIRE - [ Total Page(s): 1 ]QUESTIONNAIRESECTION A1.    Sex: Male (    ) Female (     )2.    Age: 20-30years (    ) 31-40yrears (    ) 41 above (     )3.    Marital Status: Single (     ) Married (     ) Divorce (     )4.    Education Qualification: OND (  ) HND (    ) BSC (    ) MSC (    ) 5.    How long have you been in this department: 1-5years (     ) 6-10years (     ) 11-15years (     ) Above 15years (     )SECTION B1.    Do you have a procureme ... Continue reading---

         

      CHAPTER TWO - [ Total Page(s): 4 ]As described in the Figure, the companies included in the first level of the continuum develop strictly domestic purchasing activities. In the second level, firms perform sourcing activities as a reaction to foreign suppliers’ offers or because they confront with needs which no suitable domestic supplier can fulfill. Starting with the third level, organizations recognize that purchasing internationally can bring important performance enhancement and begin to develop sourcing strategies ba ... Continue reading---

         

      CHAPTER THREE - [ Total Page(s): 1 ]CHAPTER THREEMETHODOLOGY3.1    INTRODUCTION This is the systematic approach employed by the researcher in the process of collecting, analyzing, presenting and interpreting data. This chapter will gives an emphasis on the research method used, sources of data, data collection tools, research population and sample size, sampling procedure employed and statistical techniques used in data analysis. 3.2    RESEARCH METHOD USED    The method adopted in the course of this study is description ... Continue reading---

         

      CHAPTER FOUR - [ Total Page(s): 15 ]We reject the null hypothesis (H0) at X2C = 16 and accepted the alternative hypothesis (H1) at X2C = 24.2, the conclusion is that the significance of international buying procedure and documentation for organizational performance is very important in the organization.  ... Continue reading---

         

      CHAPTER FIVE - [ Total Page(s): 1 ]CHPTER FIVESUMMARY, CONCLUSION AND RECOMMENDATIONS5.1    SUMMARY OF FINDINGS    From the research findings international purchasing is an activities which involves sourcing and obtaining needs or requirement from foreign country for use in another country. Among the reasons for purchasing from abroad includes lower cost, favourable exchange rates, consistent quality, faster delivery and availability on domestic market have been identified. In regards to barriers, the research recognized ri ... Continue reading---

         

      REFRENCES - [ Total Page(s): 1 ]REFERENCESBoer, L.E, Labro & Morlacchi, P. (2007). A review of methods supportive supplier section. Martin, C. (2008). Logistics and supply chain management: creating value-adding networks. Pearson Education. Peter, M.E & Kramer, M.R. (2006). The link between competitive advantage and corporate social responsibility. Harvard Business Review. Seling, G.J, Lefave, R. & Bullen (2006). Implementing strategic sourcing: A manager’s guide to world class best practices. Van Haren Publishing. Skjo ... Continue reading---