Format: MS WORD | Chapter: 1-5 | Pages: 65-80
RELEVANCE OF PURCHASING PLANNING AND CONTROL ON ORGANIZATIONAL PRODUCTIVITY
ABSTRACT
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: The firm reviewed its plan and budget quarterly basis so as to take into consideration the major seasons of the year. 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.
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