MAKE OR BUY DECISION AS AN IMPORTANT TOOLS FOR PROFITABILITY IN MANUFACTURING ORGANIZATION. (A CASE STUDY OF GLOBAL SOAP DETERGENT INDUSTRY LIMITED, ILORIN)

ABSTRACT

This project has been specially written to cover “make or buy decision as important tool for profitability in a firm” with particular reference to global soaps and detergent industries Ltd, Ilorin. The term “purchasing” is used in industry to denote the act of the functional responsibility for procuring materials, supplies and services.

However, in a narrow sense an considering the topic make or buy decision as an important element for profitability, the term supply describes the process of buying and in a broader sense, the term determine the need, selecting the supplier, arriving at proper price, terms and conditions, issuing the order, follow up to ensure proper delivery.

This project work is divided into five (5) chapters. Chapter one of this project discussed the introduction of the subject matter, statement of general problem, rational behind the study, scope and limitation of the study, historical background of the organization and definition of the term used.

Chapter two contains details of different type of literature review on the subject of make or buy decision.

Chapter three entails the research method used, instrument used in data collection, research population and sample size, sampling procedures used, statistical techniques used in presenting and analyzing data setting of hypothesis.

Chapter four deals with presentation and analysis of data, interpretation of data, reason behind make or buy decision at global soap and detergent industries ltd, Ilorin, benefit of make or buy decision to Global soap, and detergent industries Ltd, Ilorin and testing of hypothesis.

Lastly, chapter five comprises of summary of finding, conclusion and recommendation as considered necessary for implementation and recommendation.

TABLE OF CONTENT

TITLE PAGE I

CERTIFICATION II

DEDICATION III

ACKNOWLEDGEMENT IV

ABSTRACT VII

TABLE OF CONTENT XI

CHAPTER ONE

1.0 Introduction 1

1.1 Statement of Problems 2

1.2 Rational for the Study. 3

1.3 Scope of the Study  4

1.4 Limitation and Constraint 5

1.5 Historical Background and Organizational chart 6

1.6 Definition of terms. 12

CHAPTER TWO

2.0 Literature Review 14

CHAPTER THREE

3.0 Research Methods Used 41 

3.1 Instrument used in Data Collection. 42

3.2 Research Population and Sample size 44

3.3 SAMPLE PROCESSING USED 45

3.4 Statistical Techniques in Presenting and Analyzing Data 45

3.6 Setting of Hypothesis 46

CHAPTER FOUR

4.0 Presentation Analysis of Data 47

4.1 Interpretation of Data 59

4.2. Reasons behind Makes or Buy Decision at Global Soap and Detergent Industries Limited Ilorin. 62

4.3. Benefits of Make of Buy Decision to Global Soap and Detergent Industries Limited Ilorin. 64

4.4    Testing of Hypothesis. 66

CHAPTER FIVE

5.0 SUMMARY OF FINDINGS 68

5.1 CONCLUSION 70

5.2 RECOMMENDATION 71

REFERENCE 73