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Management Problems Of Manufacturing Industries

(A Case Study Of Nigeria Breweries Plc)

5 Chapters
|
77 Pages
|
8,267 Words

Management problems in manufacturing industries can significantly impact operational efficiency, productivity, and overall success. Challenges such as supply chain disruptions, inadequate inventory management, inefficient production processes, and workforce issues can hinder performance and profitability. Moreover, complexities in adapting to technological advancements, maintaining quality standards, and meeting regulatory requirements pose additional hurdles. Addressing these issues requires strategic planning, effective leadership, continuous process improvement, and investment in employee training and development. By prioritizing innovation, embracing lean practices, fostering collaboration across departments, and leveraging data analytics for informed decision-making, manufacturing companies can navigate these challenges successfully and position themselves for long-term growth and competitiveness in the market.

ABSTRACT

It is a fact that there are some factors that are responsible for the poor performance of the manufacturing industry in Nigeria. The manufacturing industry play a vital role in the Nigerian economy and also in the lines of the people.
The manufacturing industry is like an organization that is motivated by a number of tractors to utilize input like raw-materials, land and man-power in the production of physical or tangible products for their consumer satisfaction. The primary objective of carryout this study, is to critically examine the factors responsible for the poor performance of manufacturing industry in Nigeria. The various functions, achievements, etc. contributes to individuals as well as the sectors of the economy.
This study would examine the evolution of manufacturing industries from inception to date, to lay more emphasis on the importance and gains of the manufacturing industries in the rural area and take a look at the problems and suggestions to solve these problems.
This project is also needed, in order to see how the manufacturing industry can be of assistance t the rural sectors and to the country of large.
It is likewise needed to serve as a prerequisite for the establishment of more manufacture industries. This study can be used to study the extent of program of the federal government and the manufacturing industries have made in their efforts to see equal distribution of manufacture industries in Nigeria.

 

TABLE OF CONTENT

Title page
Approval
Dedication
Acknowledgement
Abstract
Table of content

Chapter one
Introduction 1
1.1 Background of the study 1
1.2 Statement of problems 4
1.3 Objective of the study 4
1.4 Scope of the study 5
1.5 Research questions 5
1.6 Formulation of hypothesis 6
1.7 Significant of the study 7
1.8 Definition of terms 8

Chapter Two
2.0 Review of Related literature: 10
2.1 Brief history of the study 10
2.2 Concept of industrialization 12
2.3 Origin of manufacturing industry 23
2.4 Objectives of manufacturing industry 27
2.5 The role of manufacturing industry in
the economic development of Nigeria 29
2.6 Classification of industry 31
2.7 Location of industrial estate in Nigeria 32
2.8 Source of funds for manufacturing industries 33
2.9 Support giver to the manufacturing industry
by ministry of industry 35
2.10 Management problems of manufacturing
industry in Nigeria 38.
2.11 Prospect of manufacturing company 41

Chapter Three
3.0 Research design and methodology 44
3.1 Research design 44
3.2 Area of study 44
3.3 Population for the study 45
3.4 Sample and sampling procedure 45
3.5 Instrument for data collection 45
3.6 Reliability of instrument 46
3.7 Method of administration of instrument 46
3.8 Method of data analysis 46

Chapter Four
4.0 Data presentation and results 47
4.1 Introduction 47
4.2 Presentation of data in accordance
with the research question. 47
4.3 Analysis of data 58
4.4 Discussion of results 61

Chapter Five
Summary of findings, conclusions
and Recommendations 63
5.1 Discussion of Results 63
5.2 Conclusion 64
5.3 Recommendations 65
Reference 67

CHAPTER ONE

BACKGROUND OF THE STUDY
Since the attainment of independence by west Africa countries, successive governments have taken serious interest in industrialization. Industrialization can be defined on the conversion of an agrarian and commercial society to a more comprehensive machinery oriented. Social – economic system. This concept cannot be treated, without remembering the industrial revolution of the Western Europe of the 15th and 16th century. The new Encyclopedia 4th edition (1975) described the industrial revolution as a term usually applied to the socio-economic changes that marked transition from a stable agricultural and commercial society to a name machinery oriented system.
Agriculture which has been the major occupation of more than 80% working population of Nigeria, began to suffer a diminishing role, claiming a lots of population in manpower. Another related lesion form the history of planned industrialization of the socialist countries especially soviet Union whose economy was transformed from a very short period predominating of agricultures, change rapidly to an industrialized society.
A further element in the appeal for industrialization is based on the fact that the economic quart for increase in a wide scope of industrialization both import-substitution and export substitution. The unequal distribution of gains from trade between developed and developing countries is a related justification for the policy of industrialization.
All there explains the reason why government should encourage industrialization, which is generally regarded as the way to rapid economic development, higher living – standards for people. All manufacturing industries are encourage to promote the rapid. Growth of resources and effective utilization of existing resources available. Such countries like Japan, U.S.A are all industrialized. Countries but depend on West African Countries for it” Agricultural products which is most needed.

Arising form the fact above, after the second world war, the colonial government began to introduce a number of legislation, which was aimed at stimulating the establishment of modern industries. They began to tashon out industrialization which seems to be the key to economic independence and the vital tool to eliminate poverty and unemployment. Other incentives of industrialization include capital depreciation import duties, custom duties, draw back regulation and the establishment of industrial estates in the countries.
 Government also gave guarantee for the repatriation of products and dividends. In addition a number of development board were set up to finance development with the approach to expanding the market strategy for market dominance which was under – increasing threat from new firms coming into the country. It could be seen from the history given above, that industrialization is a key to economic independence. The pressing need for industrialization in West Africa is also brought out by relatively small – use many things which could be much and quickly close through mechanical process.
In summary, at could be vividly seen that the manufacturing industries in Nigeria and West African resources and so on. This study intends to examine problems and proffer solutions and recommendations.

1.2 STATEMENT OF PROBLEM
(1) Poor infrastructural development
(2) High cost of obtaining invisible funds
(3) High cost of acquiring industrial machine and equipment
(4) Inadequate government support for industrialization drive of small and medium entrepreneurs.
(5) Incessant demand of Nigerians for imported products

1.3 OBJECTIVE OF THE STUDY
all research study is aimed at achieving certain objectives. The objectives of this study include the following.
1) To examine the state of infrastructural development in the country with reference to Nigerian Breweries Plc.
2) To examine the alternative sources of funds and associating costs of manufacturing industries with a focus on Nigerian Breweries plc.
3) To examine the causes of increasing demand for imported goods by Nigerians.
4) To recommend how the problems facilitating against Nigeria’s guest for industrialization can be mitigated.

1.4 SCOPE OF THE STUDY
This study is designed to cover as much as possible, all aspects of poor performance of the manufacturing industrial with emphasis on the problems and solutions to its poor performance and also the effect of the production aspects of the industries.

1.5 RESEARCH QUESTION
To guide this project work, the following – research questions were formulated to ensure clarify.
(1) What are the required infrastructure necessary for industrial growth and development in Nigeria?
(2) What is the state of these infrastructures in Nigeria?
(3) What are the alternative sources of funds valuable to finance industrial – projects?
(4) What is the cost of the investible funds?
(5) What are the needed industrial machinery and equipment?
(6) What is the cost of acquiring these machinery and equipment?
(7) What is the level of support by the government
(8) Why the increasing penchant for imported good by Nigerians?

1.6 FORMULATION OF HYPOTHESIS
In order to determine the management problem, of manufacturing industries in Nigeria it is necessary to test the following hypothesis
(1) Ho: Poor infrastructural development does not impact on industrial development of Nigeria.
Hi: Poor infrastructural development impact positively on industrial development in Nigeria.
(2) Ho: High cost of capital does not make investible funds accessible.
(3) Hi: High cost of capital males investable funds accessible
Hi: Government does not give adequate support for small and medium scale enterprises (SMEis)

1.7 SIGNIFICANT OF THE STUDY
(1) It is hope that when two study is completed, it will assist stake holders in the manufacturing industries in the management of their business.
(2) It is also hoped that this study will provide a base for other researcher who – provide a base for other researcher who – might want to conduct further researcher on the area of management problems, of manufacturing industries.
(3) It is hoped that the recommendations of this study would be of empirical – relevance to management, so as to adopt them to suit their objectives.

1.8 DEFINITION OF TERMS
The following terms are defined in the content in which they are used in this research work.
(1) Industrialization: This is the process of been industrialized
(2) manufacturing: The activity of making things big an industrial process.
(3) Manufacturing: The activity of making things by an industrial process of developing
(4) Performance: The ability to operate efficiently
(5) Problem: Things that are difficult to deal with
(6) Unemployment: The act of not been employed.
(7) Instability: unstable atmosphere
(8) Infrastructure: Basic needs
(9) Revolution: An attempt to change a situation or government
(10) Respondent(s): A person or persons who answer questions.

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Manufacturing industries often face a variety of management problems that can impact their operations, profitability, and overall success. Here are some common management problems faced by manufacturing industries:

  1. Supply Chain Disruptions: Manufacturing industries heavily rely on complex supply chains that involve multiple suppliers, transportation, and distribution channels. Any disruption, such as shortages of raw materials, geopolitical tensions, natural disasters, or transportation issues, can lead to production delays and increased costs.
  2. Quality Control Issues: Maintaining consistent product quality is crucial in manufacturing. Defects, inconsistencies, and deviations from product specifications can result in recalls, customer dissatisfaction, and reputation damage.
  3. Production Efficiency: Balancing production efficiency with quality is a continuous challenge. Inefficient production processes, bottlenecks, underutilized capacity, and outdated technology can hinder productivity and increase costs.
  4. Workforce Management: Finding and retaining skilled workers is a common issue in manufacturing. Training new employees, managing workforce diversity, ensuring worker safety, and addressing labor disputes are all management challenges.
  5. Technological Obsolescence: Manufacturing industries need to adapt to technological advancements to remain competitive. Failure to adopt new technologies can lead to inefficiencies, higher costs, and being outpaced by competitors.
  6. Regulatory Compliance: Manufacturing sectors are subject to various regulations and standards that vary by industry and location. Complying with these regulations, such as environmental standards, safety regulations, and product certifications, can be complex and costly.
  7. Inventory Management: Striking the right balance between holding enough inventory to meet demand and avoiding excess stock is critical. Overstocking ties up capital, while understocking can lead to missed sales opportunities.
  8. Cost Management: Controlling costs, including raw materials, labor, energy, and overheads, is vital for profitability. Fluctuations in input costs, currency exchange rates, and economic conditions can challenge effective cost management.
  9. Sustainability and Environmental Concerns: Pressure to reduce the environmental impact of manufacturing operations is growing. Industries must navigate the adoption of sustainable practices, waste reduction, and energy efficiency improvements.
  10. Global Competition: Globalization has increased competition from manufacturers around the world. Companies must find ways to differentiate their products, optimize their supply chains, and maintain competitive pricing.
  11. Demand Volatility: Demand for manufactured goods can be volatile due to changing market trends, economic cycles, and unforeseen events. Manufacturers must be agile in responding to fluctuations in demand.
  12. Innovation and Product Development: Staying ahead of market trends requires continuous innovation and new product development. Balancing innovation with risk management and investment can be challenging.
  13. Communication and Collaboration: Effective communication and collaboration between different departments (production, sales, marketing, R&D, etc.) are essential to align goals, resolve conflicts, and streamline processes.
  14. Change Management: Implementing new technologies, processes, or strategies can face resistance from employees accustomed to existing ways of working. Managing change and gaining buy-in from the workforce is crucial.
  15. Cybersecurity Concerns: As manufacturing becomes more digitally connected, the risk of cyberattacks increases. Protecting sensitive data, intellectual property, and operational systems from cyber threats is a significant challenge.

To address these management problems, manufacturing industries need strong leadership, strategic planning, flexibility, and the ability to adapt to changing circumstances. Collaboration, investment in technology, continuous process improvement, and a focus on customer needs are essential for overcoming these challenges.