IMPACT OF PRODUCTION PLANNING AND CONTROL IN A MANUFACTURING ORGANIZATION
ABSTRACT
The research work is to determine the impact of Production Planning and Control in a manufacturing process. The Nigeria Bottling Company Aba plant has been chosen a questionnaire and personal interview were used to collection of data. Research question were made and two hypotheses were formulated to determine whether poor scheduling has any effect on the productivity of a manufacturing firm and also to know if there are rules for job processing in a manufacturing firm. Chi-square was used to test the hypothesis at 0.05 level of significance. The major findings of the study were that firm reviews their production plan and budget on quarterly basis so as to take into consideration the major season of the year. The analysis of variance by the production department through production process helps the firm to discover areas of short comings in production process. It was concluded that profitability and efficiency will be improved based on a production department through production budget in order to ensure minimization of cost so as to meet customer satisfaction and profit maximization.
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDYÂ
Production planning embraces the task of adjusting the product throughout it life to match the ever-changing demands of the market place. Too many organization make the mistake of thinking that consumer fed and act as they do and share their want.
The job of managing a product then is one of constantly monitoring the market and adjusting the product to meet the market need and want. The better the product matches the need of the market, the more successful it is likely to be.
Today as product and service becomes more and more commoditized many organization are moving to new level in creating value for their customers. To differentiate their offers they are developing and delivering total customer, experience where as product are tangible and services are intangible experience are memorable whereas product and services are external, experience are personal and taken place in the minds of individual consumer organization that market experience realize that customer are really buying much more than just product and services.
For a product to be successful, gain acceptance in the market environment, a well organized product planning is the process of tilling the proposed product to the requirement and opportunities the process an anticipating the need of the market place initiating action toward the identification and production of product and services which will best satisfy the need and want of the trapped market environment. Production planning is internal factor in an organization. A product once it is commercialized face the problem of management. The firm is not alone in the industry and competition will want to enter the market if the industry and competitor will want to enter the market, if the product process successful therefore, follow that the firm must manage its product right from the introduction stage till the mature or even declining state (Buzzell 1996).
Production planning is however characterized by dangers and uncertainties, the danger may be in wishing financial and human resources with achieve success protection and market acceptance, the uncertainties arise as to whether the product will service, face much competition or die on the introduction, Anyanwu (1993).
Managing the product variable embraces planning and or service to be marketed by the company. The product mix element constitute the most important it is thus produced that every producer tries to conceptualize in the form most desired by the consumer in order to satisfy his need for proper management of product, the organization (Dick Berry 1981). This is because the factors will determine the success of the product in the marketing environment. In production planning process the product like cycle provides useful information on how to apply the principle of marketing and management in organizing and in carrying out that activities that will successful market the product. If a firm fact to manage it product, it plan to part in launching it product.
There are reasons why market parts in the market environment.
1. Lack of distinctive advantage in product performance and price.
2. Over estimation of the target market which may result in low demand.
3. Inability to utilize company strength to capture profitable opportunities.
4. Unpredictable change in consumers preference for goods and services.
5. Product which facilitate competitive entry into the market by competitors.
6. lack of support from the marketing intermediaries.
