IMPACT OF STORES FUNCTION IN PROFITABILITY OF AN ORGANIZATION
ABSTRACT
Stores function is one of the responsibilities any organization. Thereby facilitating the organizational activities. Presently, it has been given status of a department in order to enable it achieve her numerous objectives.
Store functions are major functions for the successful implementation of organization goods. This their perceptions as to the effective and future development of stores functions in the Rokana Industry Nekede.
The study therefore to investigate the prospects and problem of stores functions (A case study of Rookana industry Nekede).
The researcher looked into the proportion of the personnel with appropriate knowledge of the practical stores management philosophy and objective in an organization the stores functions policies and procedures surrounding stores functions management, and the general expectations of prospects of store function management in the Rokana industry.
Questionnaires was contributed and distributed to the relevant staff of the Rokana industry Nekede. The data collected was analyzed and the result should that:
(1) A supplicant number of the staff demonstrated ignorance of the store function in an organization.
(2) Most of them are inexperienced in the discipline.
(3) Most of the staff are interested in st0oring without every belonging to any of the stores function professional bodies to be trained in the job.
Based on the above mentioned discoveries, are following recommendations were suggested.
(i) In-service training, retraining workshops refresher course and seminars should be organized for the staff of the department.
(ii) Adequate financial assistance be given to the department
(iii) Stores functions responsibility should be fixed with an single department head.
(iv) Experienced qualified staff should be employed
(v) Storing policies for Rokana Industry Nekede should be made and pass into law under close supervisions.
CHAPTER ONE
1.0 INTRODUCTION
In most industries, the activities covering the stores function are spread throughout all in organization. And may also speed to suppliers, customers and the distribution chain. Stores functions on is also a vital part of all industrial organization, public and private utility organization and armed services. It is s function that is set up in any concern to assist in the production of goods and services and no industrial unit or public undertaking of substantial size can be effective9ly managed without it. The store which can be universally applied to all organizations as their needs vary, but in the course of time, certain principles and practices of more or less general application have been evolved.
The store which is mostly an organization where all types of material needed for production distribution maintenance, packaging etc. are received stored and issued.
The store functions is actually concerned with holding stocks.
