The importance of effective sourcing procedure to an organization survival - case study of Dangote Flour Mill ltd, Lagos Department: Purchasing and Supply By: Eniolamoses Project ID: 8752 Rating: (5.0) votes: 1Rate this project12345 Price:₦5000 Get the Complete MaterialAbstractThis study explores the pivotal role of effective sourcing procedures in ensuring the survival and competitiveness of organizations, focusing on Dangote Flour Mill Ltd., Apapa, Lagos, Nigeria. Sourcing, as a strategic function within supply chain management, is essential for optimizing operational efficiency, reducing costs, and enhancing market responsiveness in the Nigerian manufacturing sector. By examining Dangote Flour Mill Ltd., a leading player in Nigeria’s food processing industry, the study highlights the importance of sourcing in navigating the complexities of a volatile economic and supply chain environment. A descriptive research design was adopted, with data collected through structured questionnaires distributed to 50 respondents from Dangote Flour Mill Ltd. The findings provide empirical evidence of the linkage between effective sourcing and organizational outcomes, offering insights applicable to similar manufacturing contexts. In conclusion, the study demonstrates that effective sourcing is a cornerstone of organizational sustainability, enabling firms to mitigate supply chain risks, reduce procurement costs, and enhance resilience. Recommendations for Dangote Flour Mill Ltd. include empowering the purchasing department with greater decision-making authority, maximizing the use of professional procurement personnel, and adopting advanced digital tools to streamline sourcing operations. These measures can strengthen the company’s ability to compete in both domestic and global markets, ensuring long-term survival and growth in Nigeria’s dynamic manufacturing landscape....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 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 impact of manpower training and development on purchasing personnel in the manufacturing industry (a case study of PZ Cussons plc)»The need for effective stock control in an organization (a case study of Jacobs wine limited, Mgbidi)»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»The role and contribution of purchasing and supply in the profitability of an organization - a case study of Nigerian Bottling Company Plc, Owerri»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 roles of effective distribution channels on customers satisfaction»The impact of effective and efficient stock control in a manufacturing organization