NEED FOR EFFECTIVE STORES SECURITY IN AN ORGANIZATION
ABSTRACT
This project is made up of five chapters which contains different information about the project. The need for effective stores security in an organization. The importance of stores security was examined with the aim of profitability towards the organizational industries. To carry out research work, a total of one hundred (100) industrial buyers were used as sample which was drawn Iko Ekpene/Aba express road, Ikot ekpene, Akwa Ibom state.
To gather date, personal interview and two sets of questionnaires were used one of industrial user and the other or staff. In the analysis of the results, percentage was used while chi-square technique is adopted in testing at 5% level of significance. The following were tested. The need for effective stores security improves the industry.
Role of stores security plan an important part of impact for the promotion of product apart from its traditional role of protection. Furthermore, chapter one if this project contains introduction, chapter two contains literature review which said every thing about the project and research. Chapter three involves research methodology and all the data processing involved. While chapter four contains presentation analysis and interpretation of the research project and lastly, chapter five talks about the summary, conclusion, implication and the recommendations.
CHAPTER ONE
1.0 INTRODUCTION
1.1 BACKGROUND OF THE STUDY
Security has been identified as one the most important activities carried out in any organization. This is because material is the life blood of an industry. Materials constitute money and has been bought to meet certain needs, in order to ensure that these materials meet the needs for which they were brought and to avoid unnecessary cash loss arising from losing of material due to ineffective security which therefore, affects the profit margin of the organization. With this development, every organization has realized the need to invest insecurity. This is for any profit oriented organization.
Security is one of the most important aspect of store management. Security of stores in a broad sense covers not only theft and fraud but it extends to areas of stock deterioration, damage, location and special storage requirements. Organizations may decide to seek the service of professionals security outfit that supply a trained team of security guards and other personnel to guard against theft. Alternatively, organization may put the responsibility of store security on individual, stock-keeper or manager for the individual stock charge. As a result of this, most organization only rely on them to control store security.
Stores security and safety is one of the important areas of concern in stores management as a result of the need to protect the company’ huge investment in stock.
All goods must have value to a company else they should not have been in stock.
According to Morrison (1967:9) “If stock is to be adequately safe-guarded, it must be properly located in secure buildings or stock yards to which unauthorized persons are not allowed to access arrangements must be made for the custody of store house keys and security precautions exercised during non-working hours to ensure maximum security”.
