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The effect of efficient purchasing in Nigeria Bottling Company, Jalingo

 Department:Business Administration and Management  
 By:usericon SIRJOSEPH  

 Project ID: 7779
 Rating:  (5.0) votes: 1
   Price:₦3000
Abstract
This study was carried out to examine the importance of efficient purchasing in a manufacturing organization using Nigeria Bottling Company Jalingo, Taraba State. Specifically, the study examined the caliber of staff employed for the performance of purchasing functions. The study also ascertains the extent the purchasing important has been adopted. More so, the study finds out the purchasing contribution of profitability and efficient running of the organization. Furthermore, the study stresses the importance of purchasing in a manufacturing organization. Lastly, the study finds out the relationship between the purchasing and other departments. The study employed the survey descriptive research design. A total of 77 responses were validated from the survey. From the responses obtained and analyzed, the findings revealed that the role of the purchasing agents enhances the organizational needs for selecting suppliers, agreeing terms placing orders and also receiving service. Also,  the role of purchasing regarding to negotiation of the right price for the goods influences the productivity of the organization. Furthermore, the function of purchasing involves ensuring that goods arrive at the right time and place. Lastly,  effective purchasing power is necessary for the purchase of raw materials used in the manufacturing industries. The study hereby recommends that the purchasing department should have its own budget. Also, the purchasing officer/executive should be involved in budgetary preparation and control especially as it concerns the purchasing department. The study also recommends that the organization should engage its employees (purchasing)training and development schemers. This is necessary because it is a dynamic function and therefore those that perform the purchasing activities should work in accordance with the trends....
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