This project work will focus on the impact of stock functions on organizational objectives a case study of Doyin investment Nigeria limited Ilorin.
Store function is vital part of any organization whether profit oriented services aimed services for agricultural undertaking.
No any organization can operate effectively without store for the purpose of better emphasis the whole project work will be segmented into five chapters.
Chapter one will comprise of the general introduction historical background of the case study and general problems of the study. Limitations and constrains and definition of terms, chapter two will be devoted to literature review, chapter three will illuminates the research methodology research approach/Design, summary of data , research population and sampling size, sampling procedure employed, and statistical method of data analysis, chapter four will focus on data presentation and analysis, chapter five being the last chapter will consist of summary of findings, conclusion, recommendation and appendix.
The store function is primarily concerned with the holding of stock however this did not say that function of stores is refined to just holding controlling and issuing of stock but it embraces wide range of acting store control of all storehouses stock and outside storage units, materials handling function, quality control activities, training of stores staff clerical administration of store operation and a host of others.
Moreover, store function is a concept that involves a progressing of delivery quality control storage progressing of delivery quality control storage preservation and finally distribution and issue.
However, it stores is a major cost center because it considerable saving can be effected through an effective and materials and supplied from this life blood of any efficient control of stores and this helping organization to the organization profitability.
1.2 HISTORICAL BACKGROUND OF DOYIN INVESTMENT NIGERIA LIMITED
Doyin investment limited is a member of Doyin group of companies and the first indigenous company licensed to manufacture soap and detergent in Nigeria. It was in cooperated on 8th October, 1984 with head offices at Lagos and factory situated at Dr. Amuda Aluko way, Ilorin Kwara state.
The company is operated, managed and directed by full blooded Nigerians owned by courageous and experienced industrialist, prince (DR) Samuel Adedoyin who had for many years been championing indigenous technology background integration and the use of local raw materials in Nigeria.
Doyin investment limited industry was established in response to the call of the Kwara state government in industrializing Kwara state government on indigenous of the state to join hands with the state government in industrializing Kwara state. Prince (DR) Samuel Adedoyin is the chairman and managing director the affair the companies are managed under as the leadership of Mrs. Omolola Olabayo who is the executive director members of engineers. T.N Njoku as the general manager. The company operates the following departments. Personnel and administration, technical, production account, sales marketing audit purchasing, laboratory, quality control raw materials silicate, sulphurization and departments.
The company has greatly contributed to the growth of the Nigeria economy through industrialization. Despite the economy downturn, the company has intermorphosed from one detergent factory and pioneer staff strength of 40 in 1985 to the present agglomerate of seven factories with a staff strength of over 1000 in the company.