THE NEED FOR PROPER STOREKEEPING IN A MANUFACTURING COMPANY .

DepartmentPURCHASING AND SUPPLY

Amount₦5,000.00

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.   TABLE OF CONTENTS Title page -      -      -      -      -      --    -      -      -      - Certificate page      -      -      -      -      -      -      -      - Dedication      -      -      -      -      -      -      ----  -      - Acknowledgement -      -      -      -      -      --    -      - Abstract  -      -      -      -      -      -      ---   -      -      - Table of contents    -      -      -      -      -      -      -      -      Chapter one 1.0  Introduction    -      -      -      -      -      -      -      - 1.1  Background of study      -      -      -      -      -      -      1.2  Statement of problem    -      -      -      -      -      - 1.3  Objectives of the study  -      -      -      -      -      - 1.4  Relevance of study  -      -      -      -      -      -      - 1.5  Scope of study       -      -      -      -      -      -      -      - 1.6  Limitation of the study   -      -      -      -      -      - 1.7  Definition of terms  -      -      -      -      -      -      - Chapter two 2.0  Literature Review    -      -      -      -      -      - 2.1  Meaning of  store keeping      -      -      -      -      - 2.2  Store keeping function in a manufacturing company    -            -      -       -      -      - 2.3  The need & quantities of a good storekeeper -      - 2.4  The function of the storekeeping  -      -      -      2.5  Duties and responsibilities foe proper storekeeping function -      -      -       -      -      -      -      -      - Chapter three 3.1  Discussion of major findings  -      -      -      -      - 4.0  Summary, Conclusion and recommendations 4.1  Summary -      -      -      -      -      -      -      -      4.2  Conclusion      -      -      -      -      -      -      -      4.3  Recommendations  -      -      -      -      -      -        Bibliography    -      -      -      -      -      -      -       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.   1.3         OBJECTIVES OF THE STUDY In the light of the above problems, the researcher believes that the study will achieve the following objectives. 1.    Examining if storekeepers and store keeping are recognized and giving there proper place in an organization 2.    To believe with regard to storekeeper and storekeeping as a profit making tool and otherwise.  3.   To find out the experiences and qualification of all storekeeping personnel with a view of determining there impact in the efficient and the effective management of inventory in lower classes. 4.    To examine passed, present and future human development programs of the organization especially in the areas of computer training skill acquisition and other improvement programes. 5.    To find out the effect of the position for proper storekeeping unit in an organizational structure with a view to find out if the position has effect on its functions and activities. 6.    To examine records, procedures and policy manuals with respect to store keeping activities in the organization. 1.4  RELEVANCE OF STUDY The need for proper storekeeping in the manufacturing company both in the public and private sector cannot be over stated. Since stock is regarded as cash and should be managed. Therefore, this study will be relevant in the following ways: This study will help in no small measure in shaping their research skill and at the same time, this study is a requirement for the award of National Diploma in purchasing and supply management. Without it, the researcher will not be able to obtain this certificate. Also, the study when completed will be relevant to all manufacturing firms that maintain store keeping function as an important tool in the manufacturing company. The study will create the needed awareness and appreciating storekeeping as a necessary function. Finally, this study will be also relevant to the other students who may be interested in carrying out further stuffy on the need of storekeeping in materials management as it will serve as the source date for their own research work.   1.5  SCOPE OF STUDY This study would have been more fruitful if it would have to cover all the materials management until all the manufacturing companies in Nigeria, but for obvious reason the researcher divided to concentrate on the inventory control, stores and purchasing department  of Florida Bookshop limited Owerri with the hope that information of things from this unit and department will give a general picture of situation in other inventory store and purchasing department in the entire industry vise via the need of a store keeping in material management. 1.6    LIMITATION OF THE STUDY The study can be limited when the student need to go round for more research to make them enlighten and know what the things or topic they are writing is all about, but due to studies, lectures in the school draw them back for not going for more investigation. Lack of money can cause the limitation of the study, because the student at times will not have much money to transport his or herself to the company to know what the topic is all about. Some companies hide their inventories balance over the stock in the store for the students not to know by doing this research cannot know what his or her topic is saying. Rain can cause the limitation of the study during the raining season mostly is the time we are doing our research, the student may want to go to the place (company) to do some research but due to the rain has meet him, he may decide not to go again or even what to sleep on the way which will cause him/her more money to find a place to sleep because of the rain. 1.7  DEFINITION OF TERMS 1.    MARSHALLING: The process of selecting and collecting together all items which are to be sent out at the same time to the same consignee 2.         DESPATCH: This refers to items being selected from stock and then loaded and subsequently delivered to their given destination 3.         STOKTAKING: This involves verifying the quality balances of the entire range of items held in stock. 4.         STOCK CHECKING: This refers to check on physical quantities when the may be applied either regularity or intermittently. Get the Complete Project Material Now!!!

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