ROLE OF PURCHASING IN THE ACHIEVEMENT OF ORGANIZATIONAL OBJECTIVE
ABSTRACT
This topic role of purchasing in the achievement of an organizational objective has been chose in order to bring and focuse the explicit importance of purchasing in any business environment organization it.
Chapter one embrace the introduction background of the study objective of the study scope the study significance of the study limitations.
Chapter two deals with literature review role 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 the discussion of findings
Chapter five on the other hands deals with the recommendation summary and the conclusion
This project will be of immense important to student on research work but most to students of purchasing and supply and colleagues in the field of purchasing and supply.
CHAPTER ONE
1.0 INTRODUCTION
The evaluation of mass production which so much relievers 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 material and services to intrude into boardrooms 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- industrial purpose account for large proportion of he cost of the organization expenditure.
When purchased items accounts for such of 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 materials and services are provided at the lowest cost which is in correspondence with suitable quantity and safety.
Purchasing must work other department of the organization as its role involves other factors some prior or subsequent to the actual ordering.
These facts include the investigation and selection of sources of supply working for alternative materials, the expediting or follow up order which will eventually enable the buyer ensure prompt deliveries the transportation and packaging aspect the transportation storing and issuing the materials so revived it has there become a complex function and needs a 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.
