INVENTORY PLANNING AND CONTROL IN AN INDUSTRY

The major purpose of the study was to determine the relevance of purchasing planning and control in the organizational productivity. The Nigerian bottling company Owerri plant was chosen as a model in this research study among other manufacturing firms. In this study, the researcher made use of descriptive research design and use of questionnaire and personal interviews in collection of the data. The population of the study was made up of 100 workers, four research questions and two hypotheses were formulated.

Chi-square was used to test the hypothesis of 0.05 level of significant the major findings of the study were

1.The firm reviewed its plan and budget quarterly basis so as to take into consideration the major seasons of the year.

2.The analysis of variation by the purchasing planning and control department during production process helped the firm to discover areas of shortcoming in production process. It was concluded that profitability and efficiency would be improved based on an efficient purchasing planning and control it was recommended that management should ensure that through the purchasing department and purchasing planning and control department, production budget ensured minimization of cost so as to meet customers satisfaction and profit maximization. There should be periodical on the job training for the workers in the purchasing planning and control department.

Title Page

Approval Page

Dedication

Acknowledgement

Abstract

Table of Content

CHAPTER ONE

1.0 Introduction

1.1 Background of the Study

1.2 Statement of the Problem

1.3 The Objectives of the Study

1.4 Research Questions

1.5 Significance of the Study

1.6 Scope / Delimitation of the Study

1.7 Limitation of the Study

1.8 Definition of the Terms

CHAPTER TWO

2.0 Literature Review

2.1 What is Planning?

2.2 Development of Plan

2.3 Objectives of Planning

2.4 Activities of Purchasing planning and control

2.5 Production Control

2.6 Types of Production Control

2.7 Production/Manufacturing Process

CHAPTER THREE

3.0 Research Methodology

3.1 Introduction

3.2 Sample of Study

3.3 Methods of Data Collection

3.4 Administration of Questionnaire

3.5 Method of Data Analysis

CHAPTER FOUR

4.0 Presentation, Analysis of Data and Interpretation

4.1 Presentation of Data

4.2 Analysis of Data

4.3 Interpretation of Data

CHAPTER FIVE

5.0 Summary, Conclusion and Recommendation

5.1 Summary

5.2 Conclusion

5.3 Recommendation

    Bibliography