PURCHASING PROBLEMS OF SMALL SCALE INDUSTRY IN NIGERIA
ABSTRACT
This work was on the purchasing problems of small scale indigenous pharmaceutical manufacturing company in Nigeria (a case study of Encristo pharmaceutical industry Nigeria limited, Enugu). The researcher set out with the following objectives.
To find if quality of products is a problem to Encristo pharmaceutical industry. To find out the inadequate capital of the company and how if affects the purchasing activities of Encristo pharmaceutical industry, amongst others. Four hypotheses were formulated. A review of related literature was also reviewed to expose the researcher to what has been previously done to ensure a sound basis for the research. A structural questionnaire were develop and administered by the researcher to staff and management, and customers/consumers of Encristo pharmaceutical industry products until the government and management of small scale industries wakes up to the challenges facing them, small scale industries cannot survive and flourish in sufficient numbers to complete the industry of the future. The following recommendations were made:
The Enchristo pharmaceutical industry should improve on their products performance by making use of research work.
The government should wake-up to their responsibilities by providing all the necessary requirement for the survival of small scale industries in an ever dynamic purchasing environment.
The research strongly believes that if these recommendation strongly believes that if these recommendations are carried out the Encristo pharmaceutical industrial will serve their customers better and at a profit.
CHAPTER ONE
1,1 INTRODUCTION
This work was on the purchasing problems of small scale indigenous pharmaceutical manufacturing company in Nigeria (a case study of Encristo Pharmaceutical industry Nigeria limited Enugu).
The researcher set out which the following objectives:
To find out if quality of products is a problem of Encristo Encristo Pharmaceutical industry.
To find out the inadequate capital of the company and how it affects the purchasing activities of Encristo Encristo Pharmaceutical industry, among others.
That the purchasing problems of Encristo Pharmaceutical industry a s a small scale include lack of finance, supply of enough quantity if raw materials, labored managed problems purchasing /promotional problems, until the government and management of small scale industries including Encristo Pharmaceutical industry wake up to the challenges facing tem , small scale industries cannot survive and flourish in sufficient numbers to complete the industry of the future.
1.2 BACKGROUND OF THE STUDY
With the term of economic event brought about by the structural adjustment programme, (SAP) of 1985 – 1993, Nigerians were challenged to adopt their own technology and establish indigenous business otherwise known as entrepreneurship
Nigerian government introduced the indigenization decree in the 1970s banning the whole ownership of certain categories of business by foreigners (Ebue, 2001:16). The essence of mapping out this objectives was to improved the technology/technical skills making provision for business management, training, development of women’s skills in food processing, the energy saving and lobbies for training opportunities relevant for small scale industries.
