CHAPTER ONE
Material Management is an integrated management approach to the planning, purchasing, warehousing, stock keeping allocation and movement of needed material from point of source to user department. It can also be defined as the process of management of materials which involves purchasing, storage, inspection, control and transportation. Material management is a relatively new discipline. The 20th century’s rapid growth and the significant industrial development has played a major role in the relationship and effective management of the traditional 5Ms which are: Machine, material, men, money and management. The famous industrial revolution made material(s) the largest elements costs in any organization. At the wake of the 20th century many firms had recognized the importance of material, and several material activities like purchasing, warehousing, stock control and distribution carried out by the organization. By the 1950 firms have identified the need for effective coordination or integration of such material activities and material organization tools concept, like those of physical distribution movement, logistic movement and material management as a means to check, coordinate and control the firm’s material activities. Globally, there is no clear definitions on the area of material management. According to M.A. Tokunbo (1987) defines it in the context of store and material control as compensation or the effective coordination of the principle element.
To these, material management has the duty to apply the most suitable technique in the most effective way to ensure the minimum total cost consistent with providing the service required. The American production and inventory control society (APICS) defines material management technique and production as the grouping of management function related to the complete cycle of material flow from the purchase and internal control of work in the latter term, traditionally is limited to internal control of production materials. In examining the whole definition, one could easily notice that they are not quite different from one another, only the way of approach and little difference in terminology. In this respect (material and resource) or material management is not only limited to buying and storing as many view it but involves also purchasing, transport and distribution planning and continuous monitoring. The subject matter of this study is the effect of material management technique on production planning process in coca-cola Nigeria Bottling Company, Kaduna. The research is meant to be of great importance to various enterprise and organization wishing to conduct a detailed study into stores and purchasing material. Due to sophistication in technology coupled with socio-economic and political instability, production processes face complex problems that needs to be addressed by the management ensuring that materials are allocated and used in the most efficient and effective manner. The material management technique on production is also to identify problems by guiding against sub-optimization of the material management techniques in production planning processes, for this the researcher suggests that, which will achieve optimal result quickly, cheaper and acceptable.
STATEMENT OF THE PROBLEMS
Coca-cola Bottling Company Plc as an organization is faced with problems in relation to utilization of the effect of material management being the utmost thing that are needed to be utilized effectively. The problem facing material management especially in coca-cola bottling company plc are mainly under-stocking or overstocking of material, stock obsolesce, breakage and the economic order quantity. Due to the fact that the impact is to be felt positively in the society by making themselves productive in every area of inputs. But despite the effect observed there have been generated apathy, ignorance and lack of interest by many people and the government.
Can't find what you are looking for?
Call (+234) 07030248044.
OTHER SIMILAR PRODUCTION AND OPERATIONS MANAGEMENT PROJECTS AND MATERIALS
APPRAISAL OF INVENTORY CONTROL IN A MANUFACTURING COMPANY (A CASE STUDY OF SEVEN UP - BOTTLING COMPANY)
CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY: APPRAISAL OF INVENTORY CONTROL IN A MANUFACTURING COMPANY (A CASE STUDY OF SEVEN UP - BOTTLING COMPANY) In the real sense of economic development,...Continue reading »
ASSESSING THE EFFECT OF MATERIAL HANDLING ON THE PROFITABILITY OF A MANUFACTURING COMPANY (A CASE STUDY OF KADUNA PETROCHEMICAL COMPANY)
CHAPTER ONE Definition of Material Handling Iornum (2007) defines material handling as an aspects of material management which is concern with the safety of material in transit with the regularity of...Continue reading »
BASIC PRODUCTION CONTROL PROBLEM IN AUTOMOBILE INDUSTRY OF NIGERIA AND BEST WAYS OF SOLVING THEM
PRODUCTION CONTROL DEFINED “Control is a general management function which can be described as the constraining of events to follow plans. It involves setting standard or plans, monitoring perfo...Continue reading »
IMPACT OF MATERIALS MANAGEMENT ON THE PRODUCTIVITY OF SEVEN-UP BOTTLING COMPANY, LAGOS
CHAPTER ONE It is quite obvious that every organization keeps materials which form one of the pivotal elements in the organization. Any establishment that is set up to produce one thing or another; a...Continue reading »
IMPACT OF PLANNING AND CONTROL AS A MANAGEMENT FUNCTION ON THE SURVIVAL OF SMALL SCALE BUSINESS
BACKGROUND OF THE STUDY : This project is all about assessing the impact of planning and controlling as a management function on the survival of small scale business. Management is universal in the ...Continue reading »
IMPORTANCE OF STOCK CONTROL TO BUSINESS ORGANIZATIONS
INTRODUCTION For many years now a lot of manufacturing company does not know the important of stock methods and even when they know, it is not consciously handle or put in the care of professional....Continue reading »
What are looking for today?
Format: | Ms Word | ||
Chapters: | 1-5 | ||
Pages: | 71 | ||
Attributes: | Questionnaire, Data Analysis | ||
Price: | ₦5000 | ||
Get the complete project » |
THE IMPACT OF HUMAN RESOURCE PLANNING ON ORGANIZATIONAL PERFORMANCE
92,571 people found this useful
IMPACT OF E-LEARNING ON THE ACADEMIC PERFORMANCE OF UNDERGRADUATE STUDENTS (A CASE STUDY OF NATIONAL...
71,678 people found this useful
IMPACT OF SOCIAL MEDIA ON CONSUMER BEHAVIOR
63,295 people found this useful
TAX ADMINISTRATION IN NIGERIA: CHALLENGES AND PROSPECTS, A CASE STUDY OF LAGOS STATE BOARD OF INTERN...
63,023 people found this useful
THE EFFECT OF SOCIAL MEDIA ON STUDENTS PERFORMANCE IN LEARNING LISTENING COMPREHENSION
58,399 people found this useful
THE EFFECT OF ADVERTISEMENT ON CONSUMER BRAND PREFERENCE
57,619 people found this useful