Application of Value Analysis as a Cost Reduction Tool by a Manufacturing Industry

Application of Value Analysis as a Cost Reduction Tool by a Manufacturing Industry

Project / Seminar Material
Reference ID: PS-4625-TM

DEDICATION

This research material titled “Application of Value Analysis as a Cost Reduction Tool by a Manufacturing Industry” is dedicated to God for his enabling grace, and to all computer enthusiasts who contributed to make life a pleasant experience during my research documentation.

ACKNOWLEDGEMENT

I extend my sincere gratitude to all those who contributed to the completion of this project. Special thanks to my Supervisor (Name of your Supervisor), the Head of Department (Name of your HOD), the Lecturers in the department of Purchasing and Supply (PS), Book Authors and Profound Scholars of existing or related project material on “Application of Value Analysis as a Cost Reduction Tool by a Manufacturing Industry” for their invaluable guidance, support, and expertise throughout the journey.

I am also grateful to your study area (mention any funding organizations, if applicable) for their financial assistance. This research would not have been possible without the encouragement and assistance of some stakeholders (mention any mentors, teachers, or colleagues). Additionally, I would like to acknowledge the understanding and patience of my family and friends during this endeavor. Your unwavering support has been a constant source of motivation. Thank you all for being part of this meaningful endeavor.

TABLE OF CONTENTS

PRELIMINARY PAGES


CHAPTER ONE

INTRODUCTION


    CHAPTER TWO

    LITERATURE REVIEW

    • 2.1 Introduction
    • 2.2 Conceptual Review
    • 2.3 Theoretical Framework
    • 2.4 Empirical Studies

    CHAPTER THREE

    RESEARCH METHODOLOGY

    • 3.1 Introduction
    • 3.2 Research Design
    • 3.3 Population of Study
    • 3.4 Sampling and Sampling Technique
    • 3.5 Validation of Research Instrument
    • 3.6 Method of Data Collection
    • 3.7 Method of Data Analysis
    • 3.8 Questionnaire Administration
    • 3.9 Ethical Consideration
    • 3.10 Statistical Analysis

    CHAPTER FOUR

    DATA ANALYSIS, RESULT AND DISCUSSION

    • 4.1 Introduction
    • 4.2 Presentation and Analysis of Data
    • 4.3 Re-statement of Research Questions
    • 4.4 Test of Hypotheses
    • 4.5 Discussion of Findings

    CHAPTER FIVE

    SUMMARY, CONCLUSION AND RECOMMENDATION

    • 5.1 Introduction
    • 5.2 Summary of Findings
    • 5.3 Conclusion
    • 5.4 Recommendation
    • 5.5 Suggestion for Further Study

    REFERENCES

    APPENDIX A - “QUESTIONNAIRE”

    ABSTRACT

    This is a research study on the application of value analysis as a cost reduction tools in a manufacturing firm in Patezon Zonchnois cussons Nigeria plc Aba.

    The research study is written to analysis critically the specified quality assurance of the organization.

    The purpose of the study is to investigate the decision of what materials to be used in the organization and to emphasize the action of the committee members in the company not mainly the purchasing manager duty.

    It is also intended to make useful suggestions and recommendations that might help in areas analysis to the impact of application of value analysis as a cost reduction tools to material management in this industry.

    This project begins with an introduction. The subject matte centres on Paterzon Zonchonis Nigeria plc a giant name in manufacturing industries.

    The importance and limitation of the study are also outlined in chapter one.

    In chapter two the literature of some writer and authors as it concerns value analysis are reviewed. Chapter three states the methodology the researcher adopted in taking the study.

    Result of investigation conducted are presented and analysed in chapter four under the heading data presentations.

    In chapter five, the researcher summarized recommendations and concluded his work on his findings. The study was rounded up by setting out bibliography which references the authors of the texts and journals used in the questionnaires which he used to gather his information.


    Application of Value Analysis as a Cost Reduction Tool by a Manufacturing Industry

    CHAPTER ONE

    1.1 Introduction

    … As a prelude to other parts of this study, this chapter will discuss the background upon which this study was initiated, the statement of problems that led to this study, the Aim and Objectives of the study. Others are Significance of the study, Scope of work, Research hypothesis and questions, Limitation of the study and Definition of technical terms.

    CHAPTER TWO

    2.0 Literature Review

    2.1 Introduction

    This chapter focuses on the review of related literature. A literature review includes the current knowledge as well as theoretical and methodological contributions to a particular topic. It documents the state of the art with respect to the topic you are writing. It surveys the literature in the topic selected. In this research work the literature review includes the …

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