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Need For Effective Vendor Selection & Rating In An Organization
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OBJECTIVES
1. To find out whether the organization attach a lot of importance to vendor selection and rating.
2.
To find out whether the organization has qualified personnel available
to handle the job vendor selection and rating in the organization.
3. To also find out whether organization is fear of vendor selection and rating, because it is very expensive to handle.
4.
To find out whether the organization structure of the firm has negative
impact on the performance of vendor selection and rating
1.3 OBJECTIVE OF THE STUDY
Research
being a careful and systematic study which aims at producing facts,
information and solution to problems, so the purpose of this study is to
find out the important of vendor selection and rating in an
organization, it becomes imperative to this researcher that there is
need to go through the review of existing literaily works, which will
help to know the importance of using this technique (tools) vendor
selection and rating.
Futhermore, this reserch work also will help to
find out the strategies of vendor selection and rating in Nigeria
manufacturing industriesso as to conduct an empirical finding into how
suppliers are sourced, selected, evaluated, rated and developed. It is
also intended to highlight on the development of goods supplier
relationship, these area of exploration will help to contribute to
organization profitability. It is believed that after this study,
manufacturing companies which are not using this, will make effective
use of it.
Lastly, this work will also identify its draw back and how
to alleviate them and make suggestion and recommendations that might
help them.
1.4 RESEARCH QUESTION
What is vendor selection and rating?
What are the tools (techniques) used in selecting vendors?
To what extent can they be rated?
What are the strategies used in selecting vendors?
How can vendor selection be of help to an organization?
Does vendor selection bring profitability to an organization?
What contribution has vendor selection made in an organization?
CHAPTER ONE -- [Total Page(s) 4]
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ABSRACT - [ Total Page(s): 1 ]This study is a survey on the need for effective of vendor selection and
rating of some Nigeria companies, a case study of Nestle Food Nigeria
Plc.The study is aimed at identifying, assessing and analyzing the
various available methods of selecting suppliers in purchasing
department, for the best of store keeping and material handling.The study also includes the examination of roles of sales strategies and improvement on the prospect.Primary
data was collected by the means of questionn ... Continue reading---