ABSTRACT
In the course of study on the standardization of material input in Plastics
Manufacturing Industries in Delta State (A case study of Unity Plastics
Limited, Agbor Delta the researcher based on the analysis, interpretation of
the data collected and final answer to the researcher questions made the
following findings.
It was discovered that the company undertakes standardization of materials
input through that; the programmed is left in the hands of the production
department with the help of the general manager.
It also observed that the industry lets the functions of sourcing quality
assurance and simplification in the hand of production department without
acknowledging that such functions could be done more efficiency and
economically by the purchasing department.
The unity Plastics Limited Manufactures only Plastics and because of this
engagement on only product line in the company may be affected in case of any
decline in its demand.
I t was equally discovered that company understudy uses about a half
percentage of locally sourced raw materials for its production and this has
made the company to be surviving despite the high tariffs being imposed on the
raw materials by the government over the years past.
TABLE OF CONENT
CHAPTER ONE
1.
INTRODUCTION
1.1
General Back ground of the subject matter
1.2
Problems Associated with the subject matter
1.3
Problems (S) that the study will concerned with
1.4
The Importance of the studying the area
1.5
Definition of the important terms
1.6
Chapter reference using APA method.
CHAPTER TWO
2.
Literature review
2.1
The origin of the subject area
2.2
Schools of thought within the subject area
2.3
The school of though relevant to the problem of study.
2.4
Different methods of studying the problem
2.5
Summary
2.6
References.
CHAPTER THREE
3.
Conclusion
3.1
Data presentation (Highlights of the study).
3.2
Analysis of the data
3.3
Recommendation
3.4
Conclusion
3.5
References
CHAPTER FOUR
CHAPTER FIVE
CHAPTER ONE
INTRODUCTION
THE GENERAL BACKGROUND OF THE SUBJECT
1.1 MATTER
To begin with the
researcher which to start by stating that
Standardization is a
concept and had therefore to be defining for efficient appreciation of what it
is all about.
Standardization is the process of formulation and applying rules for an orderly
approach to a specific activity for the benefit and optimum over all economy
taking due account of functional condition and safety requirement.
Consciously or unconsciously, man has always applied standardization in all his
activities, all in an effort to simplify things and make life easier.
Into days dynamic environment there are many factors that make it necessary for
all manufacturing organizations especially e plastic manufacturing ones to
introduce standardization of materials input for the purpose of obtaining their
supplies and designs. Introducing standardization is not just a slogan or
mere determination of specification but a broader and more inclusive activity
since the task of purchasing includes, procurement of materials inventory
control, profit creation encouraging organizational growth through the
achievement of the best value for each money spend etc. hence, the purchasing
executive must be future oriented i.e. must anticipate change, for east the
direction and intensify those changes through standardization techniques and then
adjust the organizational purchasing programmers to these changes. All
the efforts are towards objective attainment which is the watchword of every
organization whether profit or non-profit oriented organization. This is
also the more reason why every organization tries to economic resources
whatever may be its views and philosophies and which – ever means their goals
and objectives are to be achieved.
Agbo plastics for instance is a manufacturing concern tries to maximize
productivity and efficiency. This concept of standardization applies to
all aspects of the economy especially the manufacturing ones. In the
process of achieving the laid down goals and objectives. Modern
techniques in business demands that planned and defined systems and tools be
formulated and adopted to meet the organizational requirements one of such
tools is the standardization of material inputs.
The application of standardization of material in Nigeria however, is highly
neglected because whatever the suppliers of product brought in the market must
be purchased provided it satisfy the intended purpose at that time, as result
most of the organization pay-a-drat cars to the importance of standardization.
Standardization of materials inputs act as a guide to business executives by
controlling the scope of procurement to realistic approach to its goals and
objectives and any deviation or variance from laid down programmers can be
defected and corrected at the early stage.
Standardization control
purchasing efficiency and shows as management tool how it contributes to
materials efficiency and also to what extent this tool is to be used to
increase profitability. As a course, standardization achieves one right
quality and this quality is the objective and operative word in
purchasing. This research how ever identifies the problems and
prospective of material input standardization in a manufacturing with emphasis
on the managerial and technical application of the tool to achieve the
organization goals. Like the Unity Plastics Industry Limited Agbo Delta
State, located at N0. 241 Off Owa Alero Road, Ika North East Local Government
Area Agbor is a subsidiary of H.E. Erigbuem Group of Company Limited
Agbor.
Industry took off production in 1980 (20 years ago) and since then it has
been producing industrial plastics, packaging wares for brewery industries,
bottling companies paint manufactures and house hold use. About percent
(50%) of its raw materials according to the production manager is source
internally while the rest are acquired from external suppliers.
1.2 PROBLEMS ASSOCIATED WITH THE SUBJECT MATTERS
Today’s dynamic business cannot admit guess work
in establishing a
Procedure for design
specification and quality adherence.
Most private and public companies in Nigeria have failed to recognize the need
to maintain an adequate source of supply and an acceptable yard stick whereby
material procurement can be measure and quality determined conformance with the
expected design and quality intended.
Since standardization process in an orderly approach, failure to carry out the
standardization process in an orderly will make purchasing not to be
efficiency, the situation whereby the purchasing executive will not purchase
the right quality at the time and at lower prices, lower processing cost, and
lower inventory cost. This will bring about loss to the organization
instead of profit. Every company, however small are to possess and
maintain company standard which are generally reviewed from time to time and
harmonized with the national standard, and there are departments that are
affected by stand decision in manufacturing organization, and this known as
committee. Normally this committee is made up of representative from
engineering, purchasing, production, marketing and transportation.
Ineffective performance of these representatives will affect productivity of
the organization. The situation whereby the purchasing executive which is
assigned a major role in the programmed purchase a wrong material this will
affect production of the organization since about 65% of most of the
manufacturing companies expenditure lies in material input.
1.3
THE PROBLEMS THAT THE STUDY WILL BE
CONCERNED WITH
The problems that the study will be concerned with as follows:
1.
To determine whether a Plastic Manufacturing Industry like Unity
Plastic Limited Agbor uses standardization in the procurement of their
Material input.
2.
To find out the type of standard use and if non and why it is
Neglected.
3.
To establish the percentage of their annual budget allocated to
material.
4.
To ascertain whether standardization of material input is used in their
policy formulation with regards to purchasing contract.
5.
To determine other functional purchasing technique is use in the
Organization and source of data.
6.
To determine whether this singular activity have achieved cost
reduction for this manufacturing company.
1.4
THE IMPORTANT OF STUDING THE AREA
Due to the fact the topic under review is not practiced universally in most of
the Plastics manufacturing Industries, the researcher however decide to survey
only the Unity Plastic Agbor which uses about 65% of local raw materials and
parts for operation.
Agbo Plastic for instance a manufacturing concern tries to maximize
productivity and efficiency. This concept of standardization applies to
all aspects of the economy especially the manufacturing ones.
1.5
DEFINITION OF IMPORTANT TERMS
1. PRODUCTIVITY: Is the rate at which a
worker, a company or a country produces goods and the amount produced compared
with how much timework and money is needed to produce them.
2. INDUSTRY: It is the production of goods
from raw materials especially in factories, it involved in producing a
particular thing or in providing particular service.
Department | Business Administration and Management |
Project ID Code | BAM0338 |
Chapters | 5 Chapters |
No of Pages | 62 pages |
Methodology | Chi Square |
Reference | YES |
Format | Microsoft Word |
Price | ₦4000, $15 |
|
|
Contact Us On | +2349067372103 |
Contact Us On | +2349094562208 |
|