TABLE OF CONTENTS
Title page i
Certification ii
Dedication iii
Acknowledgement iv
Table of contents v
CHAPTER ONE
1.0
Introduction 1
1.1
Historical background of the case study 2
1.2
Statement of the problem 6
1.3
Objectives of the study 7
1.4
Significance of the study 7
1.5
Scope of the study 8
1.6
Limitations of the study 9
1.7
Definition of terms 9
CHAPTER TWO
2.1
Literature review 11
2.2
Empirical review 19
CHAPTER THREE
3.1 Research methodology 20
3.2 Research approaches 20
3.3 Sources of Data 20
3.4 Data collection instrument 20
3.5 Research population and sample size 21
3.6 Sampling procedure employed 21
3.7 Methods of data analysis 22
CHAPTER FOUR
4.0
Data presentation and analysis 23
CHAPTER FIVE
5.1
Summary of Findings
29
5.2
Conclusion 31
5.3
Recommendations 31
References 33
Questionnaire 33
CHAPTER ONE
1.0 Introduction
This
project was been design to cover the effects of management on the smooth flow
in manufacturing industries, Doyin investment company plc. For any organization
to work effectively and in order to increase profit margin of the organization there
must be effective management of inventory. Once the organization perceive the
desire to buy some materials and equipments either for usage within the offices
or for servicing works outside the organization, the role of store management
becoming inevitable.
The store sees the control of stock by
ensuring that goods or materials are checked, recorded and put in appropriate
place in the store. In a service organization, production of goods does not
take place but service are rendered. In order to brink about efficient
services, appropriate methods, techniques must be practice in the store.
It
is the aim of the researcher to look into low section or department is managed
in a typical maintaining organization. The management of the store will be
determined by its size and types of materials held in the store. These factors
will equally determined the use of the centralized store in system or
decentralized store system and the recognitions of sub-store in the
organization. It is expected therefore
that the affairs of stores department is to be handled by the professional in
the field.
1.1
HISTIRICAL
BACKGROUND OF DOYING INVESTMENT COMPANY
Doyin group of company Nigeria limited is
the first wholly indigenous soap and detergent manufacturing company in
Nigeria. It was incorporated on 8th October, Asa dam road, Ilorin
the Kwara state capital.
Doyin
Group of Companies is owned by courageous and experience industrialist Prince
(Dr.) Samuel Adedoyin, who had for many years been championing indigenous
technology background integration and the use of location materials in the call
of the Kwara State Government on indigenous to join hand with the State
Government to industrialized the state. Company has on its board, Prince (Dr.)
Samuel Adedoyin D. with FWADE piloting at the chairman and Managing Director
which is the Executive Director. The Management comprises a list of 27 Managers.
Some who are heads of various departments with Engr. T.N Njoko as the General Manager?
The company started operation with one
detergent plant with 5 tons/hour capacity in 1985 (presently increased to ten
ton/hours) and metamorphosed into a conglomerate of seven plant by 1994 as
shown in the table below.
|
S/N
|
NAME OF PLANT
|
CAPACITY
|
PRODUCT
|
|
1
|
Detergent
plant
|
10
tons/hour
|
2009
Flash Bold (10kg, 5kg, 2kg) Wash Rate (10kg, 5kg, 2kg, 1kg) and Sugar Deal.
|
|
2
|
Scourer
Plant
|
1
ton/day
|
Hi
Clean Scourer in Poly and Canisters.
|
|
3
|
Soap
Plant
|
2
ton/hour
|
Toilet
Soap, Vogue, Laundry Soap, Hi Clean Bold.
|
|
4
|
Sulphonation
Plant
|
1
ton/hour
|
Sulphuric
Acid (Raw Material) for the production of Soap and Detergent.
|
|
5
|
Glycerin
Evaporation
|
1
ton/day
|
99%
Glycerin (Raw Material)
|
|
6
|
Silicate
Plant
|
10
tons/day
|
Silicate
(Raw Material for Production of Detergent Soap)
|
|
7
|
Detergent
Bar Point
|
1
ton/hour
|
Detergent
Bar.
|
The cardinal belief of the company is
that human resources are its most available assets.
The staff strength of forty (40) with
one expatriate in 1985 haws steadily increased to about 1000 work force who are
entirely Nigeria at present. The company put a high premium on training and
re-training all categories of staff at organized courses, workshops, and
seminars in plant and on the job in the
field to sharpen individual staff.
This became necessary to retrain the
very of the work force to turn around the company; weak points ensure
industries growth and survival amidst the healthy rivalry prevailing with
allies industries.
The company compares favorably in the
provision of effective medical and insurance scheme transportation and
incentive package etc. to boost workers morale, we however, do not mortgage
enforcement of discipline.
The company’s range of products has
continued enjoy good patronage from Nigeria due to their consistently high
quality. It is in record that Global Soap and Detergent Industry was he just indigenous
company to have recalled the “NIS” Certificate mark for quality with its first
3 years operation. There are 17 sales depots scattered all over the federation
to service the nooks and corners of the country.
1.2 STATEMENT
OF THE PROBLEMS
During the course of carrying out the
research work the researcher discovered that the store management of the
organization under study was the feed with the following problems.
i. The
first problem relates to how the acquire trained personnel in handling the
stores activities. There were very few qualified personnel to handle the store
operation effectively. The staffs handling the stores operations are those with
less educational backgrounds like the primary seven and school certificate
holder. So that by virtue of their long service they become executive in the
store line.
ii.
Secondly, lack of goods storage facilities
for the materials held in the store. Certain re-equipment and facilities have
to be made available so that materials will be in proper state or condition,
but researcher discovered that some of these facilities are lacking in the
store of the establishment under study.
1.3 OBJECTIVE
OF THE STUDY
The primary objective of writing this
project work is to ensure that the researcher satisfy one of the basic criteria
for the award of National Diploma in Purchasing and Supply awarded by
Purchasing and Supply department Institute of Finance and Management Studies
Kwara State Polytechnic, Ilorin.
This research project will also serve
as a useful reference and source of information to future researcher writing in
the similar topic.
1.4 SIGNIFICANCE
OF THE STUDY
The research work has a great
significance to uncovered and shed more light on indispensability on the role
of Stores Management in manufacturing organization.
This project among other thins will
ensure the management of the case study through proper documentation on the
stock items understand that basis for food store
It ensure of continuity of operation
in an organization control has in manufacturing for food record keeping.
1.5 SCOPE
OF THE STUDY
The research work is to cover a broad
area in stores operation with regard to the role of store, management in
manufacturing organization (Doyin Group of companies) it entail the following specific
area which the researcher will emphasized upon in the course of writing the
project stock.
Responsibilities of store, security
aspect of store houses, stores yards, location, storage of explosive in the
store, issuing and receiving of items in the stock taking purpose of valuation.
1.6 LIMITATIONS OF THE STUDY
The
researcher intended to visit many manufacturing industries so as to gather
adequate information, but because of the following constraints, the intention could
not materialize.
One
of the important problems encountered by the researcher during the conduct of
the research was financial constraint which inevitably deprived the researcher
from visiting many placed for information.
The
management attitudes to release vital information is another problem encountered;
some of the researcher could also be one of the problems encountered in the
course of vital information required were not given by the management of the case
study on the sound of using a correspondent in materialized.
1.7 DEFINITION OF TERMS
Store: denotes
or could be a small or large building or an area in which all kinds of material
tools spares needed for production,
distribution and maintenance, packing
servicing area stored until they are stipulated below:
Quotation:
A sort of write-up that contains information about a specific item in
connection with market price expected selling price, buying price and this is
quantitative of items.
Surplus and Deficiency:
When the amount of stock found by physical examination fails to agree with
balance on the stock record a discrepancy exists if the stock found exceeds the
recorded figure, there is a surplus and conversely, if the physical stock is
less than book figure there is a deficiency.
Store Requisition: This
is used mainly by all department of the organization to request for their
material need from the stores.
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