SOURCING DECISION AND ITS EFFECTS ON MATERIAL AVAILABILITY

69 PAGES (11271 WORDS) Business Management Project
INTRODUCTION
Supplier selection is a procurement planning activity which allows managers to search for and find credible sources of supply that can ensure the availability of materials, equipments, fools, components, protects, consumables, and services at the right price, quantity, at the right tine and place. 

 In order to ensure contritely of supply purchasing officers must spend tine and effort in investigating and evaluating prospective sources or suppliers and continuously appraising the performance of current suppliers in order to aund the problem of overstocking, under stocking, or complete non availability of material in the organization. 

In order to ensure accuracy in supply, uninterrupted flow of materials in and out of the organization, purchasing manager have to decide the kind of product or service that best fit needs, decide whether to but what they require or of produce (make or buy decision) whether to buy locally, nationally, or internationally, whether to use singly or multiple source of supply, whether to enter into partnership or reciprocity agreement, whether to engage in negotiation or bidding whether to buy from distributors or directly from the manufacturers. All these issues attract diligent and efficient decision that will aid the organization to attain its full potential.                           

TABLE OF CONTENTS
CHAPTER ONE
1.1Background of the Study 
1.2Statement of the Problem 
1.3Objective of the Study
1.4Significance of the Study  
1.5Scope of the Study
1.6Research Question
1.7Definition of Terms

CHAPTER TWO: 
LITERATURE REVIEW
2.1Conceptual Framework of Sourcing
2.2Sourcing and Supplier Selection Concept
2.3Supplier Selection Process
2.3iRecognize the Need for Supplier Selection
2.4Criteria for Supplier Selection
2.5Sourcing Policy/Decision
2.6Methods of Supplier Performance Evaluation
2.6.1Categorical Plan
2.6.2Cost – Ratio Plan
2.6.3Weighted Point Plan
2.7Management of Supplier Relationship
2.8Summary of the Chapter

CHAPTER THREE: 
Research Methodology
3.1Area of Study
3.2Research Design
3.3Population of the Study
3.4Sample and Sampling Procedure
3.5Instrument for Data Collection
3.6Administration of the Instrument
3.7Technique for Analyzing Data

CHAPTER FOUR: 
Presentation and Analysis of Data
4.1Presentation of Results

CHAPTER FIVE: 
Summary, Discussion, Conclusion and Recommendation
5.1Summary of Procedure
5.2Discussion of Findings
5.3Implication of Findings
5.4Recommendations