PROCEDURES AND PROBLEMS OF INTERNATIONAL PURCHASING IN NIGERIA ECONOMY
ABSTRACT
This research project intends to explore the procedures and problems of international purchasing in Nigeria economy
I deemed it necessary since this research topic is unique to industries in Nigeria, and environmental practice research was carried out on Stallion Motors transamadi Port Harcourt, which was used to generalize the project objectives.
CHAPTER ONE
1.0 INTRODUCTION
In the present day economic challenging phenomenon, both importing and exporting organization fare a challenges either through increase competition in terms of product differentiation, price, services etc or through changing rules and regulation is political, legal, economic, social etc or through development of new technology and information techniques.
There are challenges which effective purchasing and supplier manager is deemed proficiently to handle and employ profitability in order to assert its position as a planner and consultant.
The other words, what is purchasing? Purchasing is a managerial process that goes beyond simply buying materials, it is also that department that sees that materials and services are provided at the lowest cost which is compatible with suitable quality.
In that case, our main topic which is on international purchasing, the act of purchasing abroad or which mean purchasing externally those items in which you know you can not get economically in domestic market.
The procedures, of international purchasing include the identification of the need to the final receipt of the goods by the user department. This includes all the processes to be done till the final stock is delivered in this research; we are going to discuss the procedures and problems of international purchasing in Nigeria Economy.
1.1 BACKGROUND OF THE STUDY
The procedures and problems of international purchasing in Nigeria Economic. A case Study of Stallion Motors Ltd Port-Harcourt.
This study is carried out in a well known company that has the similar features of representing others known as stallion motors limited Port Harcourt kia motors under the umbrella of stallion motors limited port Harcourt was founded in 1944 before, it was known as a car manufacturer, it was a car guide 123.
Kia motors are South Korea’s Second largest automobile manufacturer having sold over eighteen million cars in 2010.
The World Kia is derived from Korean words meaning “to arise to the world out of Asia”, with its headquarters in Seoul, the company is partially owned by the Hyundai Kia Hyouny-Keun (Hank) lee leads the company’s global operations from the headquaters in Seoul North American and European arms are operated by Kia Motors American and Kia motors Europe respectively.
Since 2005, kia has focused on the European market and has identified “design as its core future growth engine” – leading to the hiring of perterschreyer in 2006 as Chief design officer and his subsequent creation of a new corporate grille known as the Tiger Nose.
It has an employees of 42,000 as of November 2010 over their branches in content especially stallion motors limited Port-Harcourt (Kia Motors).
