Global procurement and performance of manufacturing organization - case study of Lubcon Nigeria Limited Ilorin Plant Department: Purchasing and Supply By: ENIOLAMOSES Project ID: 8723 Rating: (5.0) votes: 1Rate this project12345 Price:₦4000 Get the Complete MaterialAbstractProcurement strategies play a critical role in the performance of manufacturing organizations, influencing factors such as cost efficiency, product quality, and overall operational effectiveness. This study examines the procurement strategies employed by Lubcon Nigeria Limited, Ilorin Plant, and their impact on the organization''s performance. The research aims to identify the specific procurement practices that contribute to the operational success of the company and to evaluate their effectiveness in enhancing productivity and competitive advantage. A mixed-methods approach is adopted, combining qualitative and quantitative data collection techniques. The qualitative aspect involves in-depth interviews with key personnel in the procurement department, while the quantitative component includes a structured questionnaire distributed among a sample of employees involved in procurement and related functions. The data collected is analyzed to determine the correlation between procurement strategies and organizational performance metrics such as cost savings, lead time, and supplier reliability. The findings reveal that effective procurement strategies, such as strategic sourcing, supplier relationship management, and inventory optimization, significantly contribute to improved performance at Lubcon Nigeria Limited. The study also identifies challenges faced in the procurement process and suggests recommendations for enhancing procurement practices to further boost organizational performance. This research underscores the importance of strategic procurement in manufacturing and provides valuable insights for other organizations aiming to enhance their performance through improved procurement practices....Preview Download Preview +Other Purchasing and Supply project topics and materials you might be interested in»The impact of material management on organization productivity»The role of physical distribution function in a manufacturing company (A case study of 7up bottling company Aba) »The impact of new product development on performance of commercial banks in Nigeria (a case study of three banks in Owerri) »Stock control: a tool for the attainment of organizational objectives in a manufacturing company (a case study of PZ industry Aba, Abia state) »The need for effective stock control in an organization (a case study of Jacobs wine limited, Mgbidi)»The impact of manpower training and development on purchasing personnel in the manufacturing industry (a case study of PZ Cussons plc)»The need for efficient supply management in the public sector (a case study of ministry of finance Imo state)»The impact of the application of health and safety regulations in stores (a case study of consolidated brewery, Awo-Ommama) »The need for training and development of suppliers personnel in the public sector (a case study of ministry of agriculture and natural resources) »Impact of store functions on achieving organizational objectives»Effective purchasing planning as a cost reduction tool in the manufacturing industry»Impact of stock taking as a control measure in a manufacturing company»The role and contribution of purchasing and supply in the profitability of an organization - a case study of Nigerian Bottling Company Plc, Owerri»The roles of effective distribution channels on customers satisfaction»The impact of effective and efficient stock control in a manufacturing organization