ROLE OF PURCHASING IN THE ACHIEVEMENT OF ORGANIZATIONAL GOALS
ABSTRACT
This topic, purchasing role in the achievement of an organizational goals has been chose in order to bring to focuse the explicit importance of purchasing in any business environment organization. Chapter one embrace the introduction background of study, objective of the study, scope of the study significance of the study and the limitations. Chapter two deals with literature review roles of purchasing on an organization, objective of purchasing and importance of purchasing in an organization
Chapter three deals with the research design and methodology, introduction, research design, source/ method of data collection, population and sample size, sample techniques, validity and reliability of measuring instrument and also method of data analysis.
Chapter four equally gives the findings, presentation and analysis of findings and discussion of findings.
Chapter five on the other hands deals with the summary, conclusion and the recommendation. This project will be of immense important to student on research work, but most to student of purchasing and supply and colleagues in the field of purchasing and supply.
CHAPTER ONE
1.0 INTRODUCTION
The evolution of mass production which so much relieves upon a continue flow of right materials has brought an impact and the need to improve purchasing participles and management. Furthermore, the effects of shortage, high price of commodities and allied improvisation have caused the problem of materials and services to introduce into beard rooms of many organization be it large or small, public or private and even in government agencies. As a result of this cost of materials and supplies for industrials and non- industrials purpose account for large proportion of the cost of the organization expenditure.
When purchased items accounts for such a high proportion of the organization expenditure, when prices of goods are fluctuating widely, when numerous diverse items are constantly needed and when the quality of the materials a services appreciably influence the cost of service than an organization purchasing role becomes particularly very attention. “(Oyeoku)”. The purchasing role is to see that material and services are provided at the lowest cost which is in correspondence with suitable quality and safty.
Purchasing must work with other department of the organization as it’s role involves other factors some prior or subsequent to the actual ordering.
Those factors include the investigation and selection of sources of supply, working for alternative materials the expenditure or follow up order wide will eventually enable the buyers ensure prompt deliveries the transportation and packaging aspect. The transportation, storing and issuing the materials so received. It has thus becomes a complex function and needs the help of practitioners to be effectively carried out and required adequate training in purchasing and supply management techniques. Practitioners need to belong to the appropriate purchasing and supply institutes.
