Impact of international procurement on the profitability of multinational companies - case study of Nestle plc, Lagos Department: Purchasing and Supply By: Eniolamoses Project ID: 8781 Rating: (5.0) votes: 1Rate this project12345 Price:₦5000 Get the Complete MaterialAbstractThis study investigates the impact of international procurement on the profitability of multinational companies, using Nestlé PLC in Lagos, Nigeria as a case study. International procurement, or global sourcing, is a strategic tool used by multinational corporations (MNCs) to reduce costs, improve efficiency, and maintain competitive advantage. The research explores how Nestlé's procurement strategies—especially its reliance on international suppliers—affect its cost structure, supply chain efficiency, and overall financial performance. The study identifies key benefits of international procurement, such as cost reduction through economies of scale, access to high-quality raw materials, and enhanced product innovation. However, it also highlights significant challenges, including currency fluctuations, logistical complexities, regulatory compliance issues, and geopolitical risks. These factors can increase procurement costs and disrupt supply chain operations, affecting profitability. Using both qualitative and quantitative data from primary sources—including interviews and structured questionnaires—and secondary sources such as company reports and academic literature, the study analyzes the relationship between international procurement practices and profitability. Hypothesis testing confirms that international procurement significantly influences cost structure and profitability while presenting notable supply chain management challenges. The findings suggest that effective international procurement strategies, supported by robust risk management, supplier diversification, and technological integration, can enhance profitability and competitive advantage for MNCs like Nestlé PLC operating in emerging markets. Key Keywords: International Procurement, Profitability, Multinational Companies, Supply Chain Management, Nestlé PLC, Global Sourcing....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