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Impact Of Material Sourcing In Enhancing The Organizational Profitability
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1.3 Objectives of the Study
The purpose or objectives of the
study is to examine the impact of material sourcing in enhancing the
organizational profitability, its importance, how effective and
efficient it is to the overall achievement of the organizational goal
and objectives. Under the aspect, the researcher hope to realize the
following:
i) To determine the most effective sourcing policies adopted by Nigeria Breweries.
ii) To determine the criteria for selecting supplier in Nigeria Breweries.
iii) To determine the challenges of manager in material sourcing
iv) To determine the impact of material resource on the profitability of Nigeria Breweries.
1.4 Significance of the Study
This
research work is conducted primarily to meet the requirements of
obtaining the award of Higher National Diploma (HND) in Purchasing and
Supply in Kaduna Polytechnic, Kaduna abides being an academic research.
The study will add to the knowledge of the interested individual or
group on the subject matter.
The researcher chose this topic to
highlight the inherent danger and consequence of adopting poor
performance in material delays as problem associated with sourcing with a
view of providing solution or applied to sourcing activities in the
organization like Nigeria Breweries Plc. It will show the impact in the
organization performance and profitability in Nigeria Breweries.
Another
vital reason of the study is to contribute to the existing literature
in the area of sourcing, types of sourcing, sourcing policy, sourcing
process etc for future reference. It will enable a layman in the
profession to have first hand information on bio sourcing activities is
being carried out. Also the students of the department and other
department will find this project an important relevant source of
literature review in the area of sourcing ‘material sourcing’ further
study will suggest ways that the organization can carryout its sourcing
efficiently.
1.5 Scope of the Study
The research will be
looking at improve on materials sourcing for organization profitability.
This chapter will make use of population size of 100 staff and the
research will use the sample size of 20 was adopted from the population
of which describe the characteristics of the population.
Secondly,
this chapter will strict to the procurement, production and
administrative department. The study will take activities of materials
and sourcing of Nigeria Breweries Plc in the last 5 years from 2009 to
2013.
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