Impact of inspection on the performance of manufacturing organizations - case study of Lubcon Nig ltd, Ilorin Department: Purchasing and Supply By: Eniolamoses Project ID: 8767 Rating: (3.3) votes: 6Rate this project12345 Price:₦5000 Get the Complete MaterialAbstractNaturally, a well-established organization needs a storehouse. It is within this storehouse that all the finished and semi-finished goods and work– in– progress are stored and attended to when the need arises. The stores are to provide a service to the user department of their organization. The standard of the store's service affects the entire efficiency of the organization. This is because it provides service to other user departments, and the relationship between them is very important. To this end, it needs a certain form of participation and information from the user departments so that the service it provides will be efficient to enable the organization to achieve its corporate and core objectives. This objective cannot be properly managed without an appropriate laid-down control; with this, there is a need for Store Inspection. Inspection gives room for the physical actualization of goods. In general form, Inspection is an organized examination or formal evaluation exercise. The store management is invested with the responsibility of carrying out all the duties in the storehouse and stockyard by avoiding associated and unnecessary costs to ensure value for money and profitability of the company. When this function is managed and operated in a highly efficient way, it efficiently contributes to the success of the organization's productivity simply because stores hold about fifty-five (55%) to sixty (60%) percent of the organization's yearly budget. Keywords: Inspection, Functional strategy, cost saving, floor inspection ...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 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 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»The role and contribution of purchasing and supply in the profitability of an organization - a case study of Nigerian Bottling Company Plc, Owerri»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