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The Need for Proper Store Keeping in a Manufacturing Company

The Need for Proper Store Keeping in a Manufacturing Company

Project / Seminar Material
Reference ID: PS-4567-TM

DEDICATION

This research material titled “The Need for Proper Store Keeping in a Manufacturing Company” 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 “The Need for Proper Store Keeping in a Manufacturing Company” 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

    The storekeeper in charge of the store should be someone with unparallel integrity highly experienced in store procedure and routing ability to do things in an organized manner and must be able to control people working under him.

    The modern store in an organization has wide variety of functions that it has to perform as efficiently as possible. The way in which store perform these tasks will be reflected in the overall efficiently and profitability of the organization. The primary objectives of stores is to provide efficient service to the operating function and this must be fully appreciated. All other stores activities, although they shave their own relative importance are subordinate to the responsibilities.


    The Need for Proper Store Keeping in a Manufacturing Company

    CHAPTER ONE

    1.0 Introduction

    1.1 Background of the Study

    The stores function is a vital part of industrial concerns, public and private utility undertaking agricultural enterprises, municipal authorities, armed services and Government department and it must be design to suit the needs of the organization it services. There is therefore, no standard system which can be universally recommended or applied but in the course of time, certain principles and practices of more or less general application have been evolved. In this book it is proposed of examine at length some of these principles and practices but it must always be borne in mind that the conditions of operation are very diverse.

    The importance of efficient storage and control of stock in indicated by the facts that according to the monthly digests of statistics published by him. Stationary office, the total value of stores in stock in the United Kingdom exceeds $13.000m.

    Store keeping is a systematic procedure of recording transaction in this store, so that at any given time, the stock will show the actual stock position of each material held within the stores organization. In organization where redwing function, storekeeping spans through initiating purchasing, inspection operations and receipt of stock items, documentation to the issuing of material to user department of presentation of authorization. There is no universally recommended system of operation in different organization but the basic principle are properly, mastered, than their adaptation to any situation or condition will be an easy task

    Storekeeping provides a supportive need to the functional areas of the organization, without which no organization can run efficiently and effectively. In industrial concern, store keeping provide services which lead to the production of goods in a manufacturing company.


    1.2 Statement of Problem

    The need for proper storekeeping in an organization cannot be overstated. This is more important when there is need to maintain efficient and effective inventory control and management in an organization. The following problems has been identified by the research.

    1. Storekeeping and store keepers have no serious needs in inventory management in the organization
    2. Most personnel involve in store keeping and store control in experienced and skilled in the area of inventory management.
    3. The position of inventory control unit in the organization structure has negative effect on the activities of the storekeeper.
    4. Store keeping function is not recognized by top management as very essential.
    5. The process of storekeeping has move from minor to computerize system. There has not been any effort by to management to expose staff in value in storekeeping. The computer has to enable them acquire the needed skills and techniques.

    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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