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EFFECTS OF MATERIALS MANAGEMENT ON THE PRODUCTIVITY OF AN ORGANISATION
Abstract— Many business organizations in Nigeria fail to value the role of materials management in improving their productivity. In most situations, the function seems to be a reserve in the system, while in other situation the roles are actually applied firmly. Some organizations are of the certainty that material management is just a regular function of the procuring department thereby moderating it to the background. Rising from this backdrop, this study specific aims are finding out how an organization can tackle the problems identified and how effective material management can increase the profitability of an organization. The study discovered that material management used by the organization adds to the profitability of the company, sufficient storage facilities stops interruption on production process amongst other things. As an outcome of the above, it was suggested that there should be respectable record system of materials for the processes of the organization as it influences production and the training of staff to obtain new skills and knowledge required for the work for the profit of the organization.
Index Terms— Materials, Management, Organisation and Productivity.