• 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---