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Role Of Material Management In Production Activities
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1.4 SIGNIFICANCE OF THE STUDY
The findings of
this research work on the role of materials management in production
activities is mainly designed to enhance activities. The findings also
eliminate the poor performance of purchasing department in carrying out
of procurement activities. It will also be of good help to the student
carrying out this project work and other students in purchasing and
supply management.
Lastly, the study will be of great benefit to
Lexos paints industries Nigeria Limited and other companies with similar
procurement problems.
1.5 RESEARCH QUESTION
1. How does the organization utilize materials to achieve effective production?
2. Does efficient materials management contribute to the profit of the organization?
3. Does the organization experience production stoppage due to lack of required raw materials and components for production?
4. Does materials management department contribute to efficient production activities in an organization?
1.6 RESEARCH HYPOTHESIS
A
hypothesis may be defined as a declarations statement relationship
between two or more variations used for better understanding of the
problem of the study.
The null and alternative hypothesis has been
set out by the researcher to find ways of solving the problems. In
carrying out this research, the researcher is using both (Ho) and
alternative (Hi) to find out the role of material management in
production activities.
HYPOTHESIS 1
Ho: Efficient materials management does not contribute to the profit of the organization.
Hi: Efficient materials management contributes to the profit of the organization.
HYPOTHESIS II
Ho: Co-ordination of materials management functions does not lead to efficient production.
Hi: Co-ordination of materials management functions lead to efficient production.
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