A CRITICAL ANALYSIS OF THE IMPACT OF STORES IDENTIFICATION AND CODIFICATION PROCEDURE ON EFFICIENT AND EFFECTIVE STORES OPERATION OF MANUFACTURING COMPANY {A CASE STUDY OF NIGERIAN BOTTLING COMPANY PLC. ILORIN.}


A CRITICAL ANALYSIS OF THE IMPACT OF STORES IDENTIFICATION AND CODIFICATION PROCEDURE ON EFFICIENT AND EFFECTIVE STORES OPERATION OF MANUFACTURING COMPANY {A CASE STUDY OF NIGERIAN BOTTLING COMPANY PLC. ILORIN.}  

TABLE OF CONTENTS

Title page

Certification i

Dedication ii

Acknowledgement iii-iv

Table of contents v

CHAPTER ONE: INTRODUCTION 1

1.1 Historical background of the case study. 2

1.2 Statement of the problems 3

1.3 Aims and objectives of the study 4

1.4 Significance of the study 5

1.5 Scope of the study 5

1.6 Limitation of the study 6

1.7 Hypothesis of formulation 6

1.8 Definitions of terms 7

CHAPTER TWO

2.0 Literature review 10

2.1 Terms and forms of coding system 11

2.2 Advantages of nature of items coding 12

2.3 factors to be considered when introducing a store code 13

2.4 Advantages of stores coding 15

2.5 selecting the code 17

2.6 Different systems of coding 19

2.7 Store coding and computer 21

2.8 Methods of coding 22

2.9 Avoidance of change 23  

CHAPTER THREE

3.0 Research Methodology25

3.1 Research Approach 25

3.2 Sources of data 25

3.3 Data collection instruments 26

3.4 Research population and sample size 27

3.5 Sampling procedure employed 28

3.6 Statistical techniques used for data analysis28

CHAPTER FOUR

4.0 Presentation and analysis of data 29

4.2 Proof of hypothesis 39

CHAPTER FIVE

5.1 Summary of findings 41

5.2 Recommendation42

5.3 Conclusion 43

     Reference 44

     Appendix 45

CHAPTER ONE

1.1 INTRODUCTION

Store is being described as any space reserved and equipped for holding stocks, waiting for dispatch to customers for further processing or for further use. The word store can also be used to means inventory (materials). The responsibility of physical situation and condition of materials and issuing when required has with the store man and his department and storage facilities must be adopted to suit the types of materials handle.

However, for the store to carry out its operation effectively there must be an effective ways of identifying materials. Codification is an organization ways or method of identifying materials to give room for uniformity in the description of the items concerned. It is important to point out, that the success of any stock control systems depend on an efficient coding of materials, although there are many alternatives methods by which this can be enhance, the following are illustration of the case.

A. Alphabetic code e.g ABC, DEF etc

B. Numerical code e.g 0123, 5710

C. Alphanumerical code e.g A102, B2DF etc

D. Colour code e.g for iron, red, blue, colour for steel

E. Memonic code e.g choosing symbols which us of there meanings.

1.1 HISTORICAL BACKGROUND OF NIGERIANS BOTTLING COMPANY PLC

The Nigerian bottling company plc, came into existence on many 8th 1886, when the late A.G levenites founded the company. It was the first in this country to be offered franchise by an international “soft drink firm” from a humble beginning as a family business. The company has grown to become a predominant bottling of non-alcoholic beverages in Nigeria. 

The first plant, which was cited in lagos state, went into operation in march 1953. Coke was the first soft drink to have its own designed shaped bottling which was different from the common trade bottling. In 1972, the company went public by the issue of 372,580 ordinary shares of sokoto each. This was in compliance with the Nigerian enterprise promotion dearer of 1972.

Some years after the Ibadan plant was opened (but later shut down due to non-availability of good water in Ibadan metropolis). Ilorin plant was mainly established to meet the needs of the people in bida, jebba, Ogbomosho, okera, Oshogbo, kontagora, ijagbo, offa, lokoja and Ilorin metropolis the Ilorin plant has 8 managers.

The range of soft drinks bottling by Nigerian bottling company plc (NBC, Ilorin plant produces the following soft drink; fata orange, coke, sprite krest, bitter lemon, ginger ale and eva water in terms of sales, the company enjoys a wide acceptance of its produces. Ranking Nigerian bottling company plc, as a whole its performance is highly appreciated.

The company presently has 13 bottling facilities and over 80 distribution warehousing located across the country. Since production started, Nigerian bottling company plc, has remained the largest bottling of non-alcoholic beverages in te country is terms of sales volume with about 1.8 billion bottling sold per year.

1.2 STATEMENT OF THE PROBLEM

There are some problem being encountered by the organization under the study in the area of coding and identification of materials. Firstly, variety of materials in use in the organizatio0n are not standardized, this makes it very difficult to have uniformity in the description of the items.

Also, the store section of the company under study does not have standard store vocabulary to aid easy. Identification of different materials, consequently, there is adoption of different code for identified users.

Another major problem facing the stores function of the organization is the lack of uniform and coherent stores policies. This is because the adoption of departmentalized system of stock holding.

Furthermore, there is lack of co-operation between the purchasing inventory control and store department, leading to duplication of effort.

Finally, the store personals are not adequately trained to meet the modern challenges of the stores operations.

1.3 AIMS AND OBJECTIVE OF THE STUDY

This research work was writing in partial fulfillment of the requirement for the award of higher national diploma (HND) certificate in purchasing and supply award by department of purchasing and supply, institute of finance and management studies Kwara state polytechnic, Ilorin.

Furthermore, the research work was conducted to enable the researcher to have a comprehensive knowledge on store identification and codification procedures as it effects the stores operations of manufacturing company.

1.4 SIGNIFICANCE OF THE STUDY

Apart from the specific relevance of this project work to Nigerian bottling company plc. This study will work also be relevant to other manufacturing organizations. It will enable them to understand the importance of identification and codification procedures on effective and efficient stores operation. 

The project work will serve as a good reference point to student of purchasing and supply and student of other relevent discipline as well as future researcher writing a similar topic.

1.5 SCOPE OF THE STUDY

The scope of the study will cover, the impact of identification and codification procedure on effective and efficient stores operation of manufacturing company. 

In the course of this study, the following areas will be examined the features of a good coding system, methods of coding codification. Characteristic of efficient coding system approaches to codification coding symbol and its interpretation, the advantages and disadvantage of coding will be highlighted.

The scope of the study will be restricted to Nigerian bottling company plc (NBC) Ilorin Plant.

1.6 LIMITATION OF THE STUDY

In the course of the study, the research work encountered various challenges which have led to the researcher having to limit the scope to the subject matter.

Financial constraint resources at the researchers’ disposal, had made it quite impossible for the researcher to visit all other similar companies scattered all over the country.

Another problem faced by the researcher was scarcity of data; there were just few data from the published sources consulted. Hence, the researcher had to rely only on the data collection from the company under the study.

1.7 HYPOTHESIS FORMULATION

Hypothesis is a tentative answer to a research question; the hypothesis is helpful in directing the researchers thinking towards the solutions to the research problem at hands.

Hypothesis could be stated in terms of null hypothesis and alternative hypothesis. The null hypothesis gives the negative assumption while the alternative hypothesis gives the positive assumption.

    In the course of this study both null and  alternative hypothesis will be employed as follows.

Ho: proper identification and codification of materials is not essential to an effective and efficient stores operations.

       H1;proper identification and codification of stores is extremely vital to an effective and efficient stores operation.

1.8 DEFINITION OF TERMS

This section of the research work will explain the meaning of the key terms and concept used.

A. Piece part: They are components manufactured from raw materials to make assemblies or sub-assemblies by the manufacturing of the finished product.

B. Raw materials: Materials which undergo changes through manufacturing processing in the course of being incorporated into the finished product.

C. Finished product: These are product ready to be sold to te customer or for future use or consumption.

D. Scrap and residual: These include waste materials and out off resulting from the production process.

E. Tools: These are special purpose attachment for machine which are essential for the operation of machines and equipments? Tools may be hand tools, such as hammer, screwdriver, or tools used on machines such as dies, drills, formers milling cutter or portable electric and pneumatic tools

F. Work in progress: Companies incomplete items in the course of manufacturing

G. Equipment and spares: This category include machine, piece of equipment and essential spares required to keep plant in operation. These types of stock are usually most important in extractive industries.

H. General stores: This usually includes a wide various of miscellaneous items required for day to day running of organizing.

I. Bought out parts: This is the name given top components and part purchased from outside suppliers  

J. Packing materials: This will include variety of materials used for the packing of products either during the production process storage or transportation.

K. Specification: This is a document which presenters in detail, the requirement to which the supplier or service must confirm.

L. Standardization: This is the process of reducing the number of varieties stock to a controlled workable minimum.

M. Simplification: The elimination of all labour and materials not absolutely essential so that more effective production can be obtained 

N. Variety reduction: This is the process of reducing the number of types, size or grades of a product made purchased or stocked.

.

A CRITICAL ANALYSIS OF THE IMPACT OF STORES IDENTIFICATION AND CODIFICATION PROCEDURE ON EFFICIENT AND EFFECTIVE STORES OPERATION OF MANUFACTURING COMPANY {A CASE STUDY OF NIGERIAN BOTTLING COMPANY PLC. ILORIN.}



TYPE IN YOUR TOPIC AND CLICK SEARCH.






RESEARCHWAP.ORG

Researchwap.org is an online repository for free project topics and research materials, articles and custom writing of research works. We’re an online resource centre that provides a vast database for students to access numerous research project topics and materials. Researchwap.org guides and assist Postgraduate, Undergraduate and Final Year Students with well researched and quality project topics, topic ideas, research guides and project materials. We’re reliable and trustworthy, and we really understand what is called “time factor”, that is why we’ve simplified the process so that students can get their research projects ready on time. Our platform provides more educational services, such as hiring a writer, research analysis, and software for computer science research and we also seriously adhere to a timely delivery.

TESTIMONIES FROM OUR CLIENTS


Please feel free to carefully review some written and captured responses from our satisfied clients.

  • "Exceptionally outstanding. Highly recommend for all who wish to have effective and excellent project defence. Easily Accessable, Affordable, Effective and effective."

    Debby Henry George, Massachusetts Institute of Technology (MIT), Cambridge, USA.
  • "I saw this website on facebook page and I did not even bother since I was in a hurry to complete my project. But I am totally amazed that when I visited the website and saw the topic I was looking for and I decided to give a try and now I have received it within an hour after ordering the material. Am grateful guys!"

    Hilary Yusuf, United States International University Africa, Nairobi, Kenya.
  • "Researchwap.org is a website I recommend to all student and researchers within and outside the country. The web owners are doing great job and I appreciate them for that. Once again, thank you very much "researchwap.org" and God bless you and your business! ."

    Debby Henry George, Massachusetts Institute of Technology (MIT), Cambridge, USA.
  • "Great User Experience, Nice flows and Superb functionalities.The app is indeed a great tech innovation for greasing the wheels of final year, research and other pedagogical related project works. A trial would definitely convince you."

    Lamilare Valentine, Kwame Nkrumah University, Kumasi, Ghana.
  • "I love what you guys are doing, your material guided me well through my research. Thank you for helping me achieve academic success."

    Sampson, University of Nigeria, Nsukka.
  • "researchwap.com is God-sent! I got good grades in my seminar and project with the help of your service, thank you soooooo much."

    Cynthia, Akwa Ibom State University .
  • "Sorry, it was in my spam folder all along, I should have looked it up properly first. Please keep up the good work, your team is quite commited. Am grateful...I will certainly refer my friends too."

    Elizabeth, Obafemi Awolowo University
  • "Am happy the defense went well, thanks to your articles. I may not be able to express how grateful I am for all your assistance, but on my honour, I owe you guys a good number of referrals. Thank you once again."

    Ali Olanrewaju, Lagos State University.
  • "My Dear Researchwap, initially I never believed one can actually do honest business transactions with Nigerians online until i stumbled into your website. You have broken a new legacy of record as far as am concerned. Keep up the good work!"

    Willie Ekereobong, University of Port Harcourt.
  • "WOW, SO IT'S TRUE??!! I can't believe I got this quality work for just 3k...I thought it was scam ooo. I wouldn't mind if it goes for over 5k, its worth it. Thank you!"

    Theressa, Igbinedion University.
  • "I did not see my project topic on your website so I decided to call your customer care number, the attention I got was epic! I got help from the beginning to the end of my project in just 3 days, they even taught me how to defend my project and I got a 'B' at the end. Thank you so much researchwap.com, infact, I owe my graduating well today to you guys...."

    Joseph, Abia state Polytechnic.
  • "My friend told me about ResearchWap website, I doubted her until I saw her receive her full project in less than 15 miniutes, I tried mine too and got it same, right now, am telling everyone in my school about researchwap.com, no one has to suffer any more writing their project. Thank you for making life easy for me and my fellow students... Keep up the good work"

    Christiana, Landmark University .
  • "I wish I knew you guys when I wrote my first degree project, it took so much time and effort then. Now, with just a click of a button, I got my complete project in less than 15 minutes. You guys are too amazing!."

    Musa, Federal University of Technology Minna
  • "I was scared at first when I saw your website but I decided to risk my last 3k and surprisingly I got my complete project in my email box instantly. This is so nice!!!."

    Ali Obafemi, Ibrahim Badamasi Babangida University, Niger State.
  • To contribute to our success story, send us a feedback or please kindly call 2348037664978.
    Then your comment and contact will be published here also with your consent.

    Thank you for choosing researchwap.com.