Analysis Of Purchasing Contributions To Profitability
(A Case Study Of Two Firms, Rokana Industry Owerri And Star Paper Mill Aba)
Purchasing has been one of the major important functioning activity in industries. Its existence started from the early time of life though it was not notice until when division of labour and specialization became practicable. Efficiency of purchasing contributes much to profitability but its efficiency is determined by various factors life sourcing, determination and price and availability etc. Purchasing contribution to profitability could be traced from the purchasing of the raw materials; when the right raw material is bought and delivered at the right price and time. It enhance productivity and at the short run it contributes to the manufacturing of the right finished product thereby increasing the gross profit of the company.
Manufacturing companies like the Rokana industry Owerri and star paper mill Aba need increase in profitability of which purchasing is one of the profit making centres. But this can only by achieved if the management will appreciate the function of purchasing and allow it to carryout its responsibilities effectively through employing efficient and skilled purchaser.
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Title page
Approval page
Dedication
Acknowledgement
Abstract
Table of content
CHAPTER ONE
Introduction
1.1 Background of the study
1.2 Statement of problem
1.3 objective of the study
1.4 Scope of the study
1.5 Research question
1.6 Hypothesis
1.7 Significance of the study
1.8 Limitation of the study
1.9 Operational definitions of terms
CHAPTER TWO
Literature Review
2.1 Procurement process
2.2 Selection of possible sources of supply
2.3 Purchasing contributions in achieving management profitability
2.4 Determination of price and availability
2.5 Placing the order
2.6 Expediting order and follow-up
2.7 Acceptance of goods ordered
2.8 Procurement decisions/vendor rating
2.9 Purchasing research
CHAPTER THREE
Research methodology
3.1 Research design
3.2 Questionnaire design
3.3 Population/sample selection
3.4 Sources of data
3.4.1 Primary source
3.4.2 Secondary source
3.5 Data collection techniques
3.5.1 The survey
3.5.2 Observation
3.6 Method of data analysis
CHAPTER FOUR
Data presentation and analysis of findings
4.1Data presentation
4.2 Analysis of findings
4.3 Testing of Hypothesis
4.4 Decision Rule
4.4 Discussions or major finding of the study
CHAPTER FIVE
5.1 Summary
5.2 Conclusion
5.3 Recommendation
Bibliography
Appendix
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