Procedures for purchasing goods and acquiring services
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The document discusses factors that influence purchasing procedures and the typical procedures for purchasing goods. It outlines four main factors that influence procedures: urgency, cost, incentives, and availability. It then describes the typical purchasing procedures, including obtaining information from catalogues and price lists, requesting tenders or quotations from suppliers, placing orders with suppliers, and seeking information about shipment and delivery. The procedures help the Procurement and Inventory Management office purchase goods needed to carry out daily business activities in a standardized way.
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Terminology and abbreviations used in purchasing documents
The document defines common terminology and abbreviations used in purchasing documents. Some key ones include:
- FOB (Free on Board) - the seller pays for transportation to the specified location.
- C&F (Cost and Freight) - the price includes the cost of goods and transportation charges.
- CIF (Cost, Insurance, Freight) - the price includes the cost of goods, insurance, and transportation charges to the destination port.
- Cash discounts encourage prompt payment, such as 2% off within 20 days.
Functions of the procurement and inventory management office
This document discusses procurement and inventory management. It defines procurement as obtaining goods and services from external suppliers to support business operations. The procurement process can be centralized, with one department handling all purchases, or decentralized, with each department managing its own. Key procurement staff include the chief buyer or procurement officer. Their duties include determining what to buy, how much, when, and from whom. The procurement department must liaise with other departments to understand their needs. It is also responsible for managing inventory by tracking stock levels and ensuring adequate supply. Maintaining accurate inventory records helps avoid stockouts and reduces obsolete stock.
Functions of the procurement and inventory management office
Procurement involves obtaining goods and services from external suppliers to support business operations. In small organizations, procurement is often centralized under the owner or a designated employee. In medium and large organizations, procurement can be centralized, with one department handling all purchases, or decentralized, with each department managing its own. Key procurement staff include the head of the procurement office, such as the chief buyer or purchasing director, and purchasing clerks who assist. The procurement office's main functions are determining what to purchase, liaising with other departments about needs, and managing inventory. Effective inventory management is important for ensuring adequate stock levels and reducing costs.
Duties and attributes of a purchasing clerk/assistant
The document discusses the duties and attributes of a purchasing clerk. It identifies key duties such as preparing and processing purchase requisitions, receiving deliveries, filing purchasing records, and maintaining stock and supplier records. Important attributes of a purchasing clerk are described as being detail oriented, having initiative, honesty, integrity, and attention to detail. Maintaining an organized filing system for purchasing records is important for record keeping and future reference.
Duties and attributes of a purchasing clerk/assistant in the Procurement and ...
The document outlines the key duties and attributes of a purchasing clerk. The main duties include preparing and processing purchase requisitions and orders, maintaining supplier and stock records, and verifying deliveries. Important attributes for a purchasing clerk are being detail-oriented, honest, tactful, and having good judgement. Maintaining an organized filing system for records is crucial so they can be easily referenced in the future.
Operations, Despatch and Transport Services
A clerk in an operations office is responsible for preparing shift rosters and hourly rosters to manage staffing, and daily production reports to track performance. The clerk completes forms related to jobs, costs, planning and employee time tracking. A despatch clerk prepares documents for shipping goods and manages delivery by verifying loads, allocating vehicles, and monitoring shipments. A transport clerk prepares records for shipping and maintains delivery notes and schedules for vehicle maintenance.
Operations, Despatch and Transport Services
The operations office coordinates several key production functions:
1. It coordinates production activities to ensure machinery, people, and materials are organized efficiently.
2. It protects workers and the environment by providing safe equipment, training, and adhering to relevant laws and regulations.
3. It maintains factory records related to inspection reports, efficiency, and maintenance to monitor quality control.
Operations, Despatch and Transport Services
A clerk in the operations office is responsible for preparing shift rosters and hourly rosters to assign workers to shifts and jobs. They also prepare daily production reports and documents used in production like job cards and time cards. The clerk in the despatch office completes forms for dispatching goods like packing notes and verifies the correct goods are sent. They also work with carriers and track shipments. For the transport office, the clerk prepares records for transporting goods, delivery notes, and liaises with customers regarding deliveries.
Recommended
Terminology and abbreviations used in purchasing documents
The document defines common terminology and abbreviations used in purchasing documents. Some key ones include:
- FOB (Free on Board) - the seller pays for transportation to the specified location.
- C&F (Cost and Freight) - the price includes the cost of goods and transportation charges.
- CIF (Cost, Insurance, Freight) - the price includes the cost of goods, insurance, and transportation charges to the destination port.
- Cash discounts encourage prompt payment, such as 2% off within 20 days.
Functions of the procurement and inventory management office
This document discusses procurement and inventory management. It defines procurement as obtaining goods and services from external suppliers to support business operations. The procurement process can be centralized, with one department handling all purchases, or decentralized, with each department managing its own. Key procurement staff include the chief buyer or procurement officer. Their duties include determining what to buy, how much, when, and from whom. The procurement department must liaise with other departments to understand their needs. It is also responsible for managing inventory by tracking stock levels and ensuring adequate supply. Maintaining accurate inventory records helps avoid stockouts and reduces obsolete stock.
Functions of the procurement and inventory management office
Procurement involves obtaining goods and services from external suppliers to support business operations. In small organizations, procurement is often centralized under the owner or a designated employee. In medium and large organizations, procurement can be centralized, with one department handling all purchases, or decentralized, with each department managing its own. Key procurement staff include the head of the procurement office, such as the chief buyer or purchasing director, and purchasing clerks who assist. The procurement office's main functions are determining what to purchase, liaising with other departments about needs, and managing inventory. Effective inventory management is important for ensuring adequate stock levels and reducing costs.
Duties and attributes of a purchasing clerk/assistant
The document discusses the duties and attributes of a purchasing clerk. It identifies key duties such as preparing and processing purchase requisitions, receiving deliveries, filing purchasing records, and maintaining stock and supplier records. Important attributes of a purchasing clerk are described as being detail oriented, having initiative, honesty, integrity, and attention to detail. Maintaining an organized filing system for purchasing records is important for record keeping and future reference.
Duties and attributes of a purchasing clerk/assistant in the Procurement and ...
The document outlines the key duties and attributes of a purchasing clerk. The main duties include preparing and processing purchase requisitions and orders, maintaining supplier and stock records, and verifying deliveries. Important attributes for a purchasing clerk are being detail-oriented, honest, tactful, and having good judgement. Maintaining an organized filing system for records is crucial so they can be easily referenced in the future.
Operations, Despatch and Transport Services
A clerk in an operations office is responsible for preparing shift rosters and hourly rosters to manage staffing, and daily production reports to track performance. The clerk completes forms related to jobs, costs, planning and employee time tracking. A despatch clerk prepares documents for shipping goods and manages delivery by verifying loads, allocating vehicles, and monitoring shipments. A transport clerk prepares records for shipping and maintains delivery notes and schedules for vehicle maintenance.
Operations, Despatch and Transport Services
The operations office coordinates several key production functions:
1. It coordinates production activities to ensure machinery, people, and materials are organized efficiently.
2. It protects workers and the environment by providing safe equipment, training, and adhering to relevant laws and regulations.
3. It maintains factory records related to inspection reports, efficiency, and maintenance to monitor quality control.
Operations, Despatch and Transport Services
A clerk in the operations office is responsible for preparing shift rosters and hourly rosters to assign workers to shifts and jobs. They also prepare daily production reports and documents used in production like job cards and time cards. The clerk in the despatch office completes forms for dispatching goods like packing notes and verifies the correct goods are sent. They also work with carriers and track shipments. For the transport office, the clerk prepares records for transporting goods, delivery notes, and liaises with customers regarding deliveries.
Duties of the sales clerk in the Sales office
The duties of a sales clerk include: preparing sales documents such as orders, invoices, and reports; filing sales records for easy retrieval; maintaining customer lists; taking orders from and securing new customers; processing payments; handling clerical duties like phone calls; merchandising products through displays; and maintaining good relationships with customers.
Resources used in the Accounts Office
Hardware resources commonly used in accounts offices include calculators, adding machines, computers, printers, and photocopiers. Software resources include accounting software packages like Quickbooks and Peachtree, as well as spreadsheet programs like Microsoft Excel. These resources allow accounts offices to perform essential functions more efficiently, such as calculating amounts, printing records and documents, storing and retrieving financial information, and producing copies of accounting documents. The equipment acquired depends on factors specific to the individual business such as size, available capital, and the types of activities carried out.
Functions of the procurement and inventory management office
This document discusses procurement and inventory management. It defines procurement as obtaining goods and services from external suppliers to support business operations. The procurement process can be centralized, with one department handling all purchases, or decentralized, with each department managing its own. Key procurement staff include the chief buyer or procurement officer. Their duties include determining what to buy, how much, when, and from whom. The procurement department must liaise with other departments to understand their needs. It is also responsible for managing inventory levels and records to ensure adequate stock and minimize waste. Maintaining accurate inventory helps track market trends and support production.
Accounts and Financial services
This document provides an overview of simple documents used in accounts offices, including time cards, payslips, currency memorandums, debit and credit notes, statements of account, and checks. Time cards track employee hours and are used to calculate pay rates which may include regular time, time and a half, double time, and triple time for overtime or weekends/holidays. Payslips show gross pay and deductions to calculate net pay. Currency memorandums and change sheets are used to determine cash requirements for paying employees. Debit and credit notes are used to increase or decrease customer invoices for errors or returns. Statements of account summarize monthly transactions between suppliers and customers. Checks provide written payment instructions from a customer to
Duties of the customer service clerk in a Sales office
This document outlines the key responsibilities of a customer service representative, which include dealing with customer enquiries, identifying and solving customer issues, providing product and service information to customers, tracking customer orders, keeping customers updated on order status, and informing customers about promotions. The document also lists four references on office administration.
Operations, Despatch and Transport Services
The document discusses various paper documents used in operations, despatch, and transport offices. It begins with an introduction stating that most office documents are prepared using pre-printed forms for ease of completion and reading. It then provides an overview of 13 common documents including delivery schedules, destination sheets, delivery notes, bills of lading, customs forms, insurance certificates, airway bills, manifests, export licenses, import licenses, advice notes, certificates of freight, and freight notes. For each document, it lists the purpose and key information contained.
Operations, Despatch and Transport Services
The operations office coordinates several key functions related to production including coordinating production activities, protecting workers and the environment, maintaining factory records, quality control, tracking costs of finished goods, and liaising with other departments. The operations office is responsible for ensuring machinery, materials, and workers are organized efficiently to produce and transport goods on schedule. Key roles include checking material stock levels, ensuring safety compliance, accurately filing inspection reports, identifying faulty products, calculating production costs, and collaborating with other teams.
Operations, Despatch and Transport Services
The document outlines the key functions of despatch and transport offices. The despatch office is responsible for packing, labeling, and completing paperwork for goods before sending them to the transport office. It also maintains courier records and collaborates with sales. The transport office then collects documents from despatch, prepares delivery notes, liaises with customers, and schedules vehicle maintenance to ensure timely delivery of goods to their destinations by the most suitable means. Both offices must adhere to statutory requirements for transporting various types of goods.
Importance of inventory management
Inventory management is important for businesses to control costs and meet customer demand. It involves setting minimum, maximum, and reorder stock levels to prevent overstocking or understocking. Maintaining proper stock levels allows a business to monitor market trends, track available storage space, and ascertain which items are selling well versus those that require more or less ordering. Effective inventory management also helps reduce theft and waste while ensuring production can continue smoothly.
Duties of the marketing clerk in the sales office
The document outlines the main duties of a marketing clerk which include:
- Assisting in preparing advertising material such as drafting ads and ensuring accuracy.
- Assisting with promotional activities like organizing events and attending trade shows.
- Maintaining and updating mailing lists and customer records.
- Assisting in preparing press releases to announce new products or services.
Functions of staff involved in Sales department
The sales office is responsible for keeping accurate sales records, monitoring stock levels, liaising with other departments, and following up with customers. Key functions include maintaining customer records, price lists, sales receipts, stock levels, and communicating with accounts, purchasing, production, and HR. Regular customer follow up is also important to build loyalty and ensure customer needs are met.
Purchase process
This document outlines the procedures for purchase management. It includes details on:
- Roles and responsibilities of the purchase management team
- The process for selecting, evaluating, and re-evaluating vendors
- Procedures for purchasing goods and services, receiving goods, issuing goods, and returning rejected materials
- Maintaining infrastructure and handling non-conformities and corrective actions
The key goal of the procedures is to ensure an efficient procurement process that meets the organization's needs through approved and qualified vendors while maintaining appropriate documentation and controls.
Maintaining stock records - manual and electronic
This document discusses maintaining stock records and inventory management. It outlines various methods for manually and electronically recording stock levels, including stock requisition forms, stock record/bin cards, and inventory management software. Common stock valuation methods like FIFO, LIFO, and average costing are also explained. Computerized inventory systems using barcodes and RFID are described as beneficial ways to track stock levels, identify slow-moving items, and prevent stockouts.
Purchasing and procurement in Material management
Purchasing is a subset of procurement. Purchasing generally refers simply to buying goods or services. Purchasing often includes receiving and payment as well.
Credit Memo-Debit Memo
Credit memos are issued by the organization that sent the original invoice to reduce amounts owed when items are damaged or incorrect quantities are received. Debit memos are issued by the organization receiving an invoice to request a reduction in amounts owed when they were undercharged or overcharged. Both debit memos and credit memos reduce outstanding vendor balances in accounts payable systems, but debit memos are issued by the company to the vendor while credit memos are issued by the vendor to the company. Reasons for debit memos include material rejections or reductions in purchase costs, while credit memos may be issued for increased charges or late payment fees.
Duties of the marketing clerk
The document outlines the main duties of a marketing clerk which include:
- Assisting in preparing advertising material such as drafting ads and ensuring accuracy.
- Assisting with promotional activities like organizing events and attending trade shows.
- Maintaining and updating mailing lists and customer records.
- Assisting in preparing press releases to announce new products or services.
Purchase Presentation 1
The document discusses evaluation of purchase management performance. It outlines various quantitative and qualitative metrics that can be used, including price advantage, inventory levels, and relations with suppliers. Internal and external agencies can evaluate performance. Methods include forms, flowcharts, checklists and key performance ratios. A purchase audit examines the organization, policies, procedures, evaluation and reporting of the purchase department.
Documents used in the purchasing of good and services
This document discusses various forms and documents used in the procurement process for purchasing goods and services. It describes requisition forms that are used by departments to request stock from stores, as well as purchase requisition forms that are used to request items to be purchased from external suppliers. Additionally, it outlines the use of purchase orders that are sent to suppliers, goods received notes to confirm arrival of deliveries, and an index of suppliers that contains provider information. The overall purpose is to explain the key documents and activities involved in the procurement management process for efficient business purchasing.
purchasing
The document discusses the importance and functions of purchasing in business organizations. It states that purchasing has become an important specialized function that involves procuring all materials from requirement to receipt. The objectives of purchasing are to maintain regular material flows, procure competitively priced quality materials on time, suggest substitutes to lower costs, integrate requirements across departments, and create good supplier relationships. Key purchasing principles are procuring from the right sources, at the right time, quantity, quality and price to minimize overall costs and avoid issues like stockouts. The purchasing department structure typically involves a purchase manager overseeing areas like receiving, stores, inventory and traffic.
Accounts and financial services
The document discusses the functions and importance of an accounts office. It explains that an accounts office is responsible for maintaining accounting records, processing financial transactions like payroll and bank accounts, and preparing documents for audits. It also discusses the roles of credit control, collecting payments, issuing debit/credit notes, and working with common bank account types like savings, current, and fixed deposit accounts. Maintaining accurate financial records is crucial for businesses.
1661351055Unit 6 1058-V1 Purchase and Stores Management.pdf
This document discusses the key elements of purchase and storage management in construction projects. It covers the important elements of purchasing including selecting the right source, price, quality, time, and quantity. It also describes the materials purchasing system, including the indenting, enquiry, offer processing, and ordering stages. Finally, it discusses the role of warehouses or stores in construction management for effective storage and management of materials.
Customer value& satisfaction
The document discusses defining and delivering customer value and satisfaction through a company's value chain and value delivery systems. It explains that companies must delight customers in today's competitive environment. The value chain identifies a company's primary and support activities that create value for customers. These include inbound logistics, operations, outbound logistics, marketing and sales, and service. Support activities are procurement, technology development, human resource management, and firm infrastructure. A value delivery network looks beyond a company's own operations to partner with suppliers and distributors to create a superior customer experience. Levi Strauss is provided as an example of optimizing its value delivery network.
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Duties of the sales clerk in the Sales office
The duties of a sales clerk include: preparing sales documents such as orders, invoices, and reports; filing sales records for easy retrieval; maintaining customer lists; taking orders from and securing new customers; processing payments; handling clerical duties like phone calls; merchandising products through displays; and maintaining good relationships with customers.
Resources used in the Accounts Office
Hardware resources commonly used in accounts offices include calculators, adding machines, computers, printers, and photocopiers. Software resources include accounting software packages like Quickbooks and Peachtree, as well as spreadsheet programs like Microsoft Excel. These resources allow accounts offices to perform essential functions more efficiently, such as calculating amounts, printing records and documents, storing and retrieving financial information, and producing copies of accounting documents. The equipment acquired depends on factors specific to the individual business such as size, available capital, and the types of activities carried out.
Functions of the procurement and inventory management office
This document discusses procurement and inventory management. It defines procurement as obtaining goods and services from external suppliers to support business operations. The procurement process can be centralized, with one department handling all purchases, or decentralized, with each department managing its own. Key procurement staff include the chief buyer or procurement officer. Their duties include determining what to buy, how much, when, and from whom. The procurement department must liaise with other departments to understand their needs. It is also responsible for managing inventory levels and records to ensure adequate stock and minimize waste. Maintaining accurate inventory helps track market trends and support production.
Accounts and Financial services
This document provides an overview of simple documents used in accounts offices, including time cards, payslips, currency memorandums, debit and credit notes, statements of account, and checks. Time cards track employee hours and are used to calculate pay rates which may include regular time, time and a half, double time, and triple time for overtime or weekends/holidays. Payslips show gross pay and deductions to calculate net pay. Currency memorandums and change sheets are used to determine cash requirements for paying employees. Debit and credit notes are used to increase or decrease customer invoices for errors or returns. Statements of account summarize monthly transactions between suppliers and customers. Checks provide written payment instructions from a customer to
Duties of the customer service clerk in a Sales office
This document outlines the key responsibilities of a customer service representative, which include dealing with customer enquiries, identifying and solving customer issues, providing product and service information to customers, tracking customer orders, keeping customers updated on order status, and informing customers about promotions. The document also lists four references on office administration.
Operations, Despatch and Transport Services
The document discusses various paper documents used in operations, despatch, and transport offices. It begins with an introduction stating that most office documents are prepared using pre-printed forms for ease of completion and reading. It then provides an overview of 13 common documents including delivery schedules, destination sheets, delivery notes, bills of lading, customs forms, insurance certificates, airway bills, manifests, export licenses, import licenses, advice notes, certificates of freight, and freight notes. For each document, it lists the purpose and key information contained.
Operations, Despatch and Transport Services
The operations office coordinates several key functions related to production including coordinating production activities, protecting workers and the environment, maintaining factory records, quality control, tracking costs of finished goods, and liaising with other departments. The operations office is responsible for ensuring machinery, materials, and workers are organized efficiently to produce and transport goods on schedule. Key roles include checking material stock levels, ensuring safety compliance, accurately filing inspection reports, identifying faulty products, calculating production costs, and collaborating with other teams.
Operations, Despatch and Transport Services
The document outlines the key functions of despatch and transport offices. The despatch office is responsible for packing, labeling, and completing paperwork for goods before sending them to the transport office. It also maintains courier records and collaborates with sales. The transport office then collects documents from despatch, prepares delivery notes, liaises with customers, and schedules vehicle maintenance to ensure timely delivery of goods to their destinations by the most suitable means. Both offices must adhere to statutory requirements for transporting various types of goods.
Importance of inventory management
Inventory management is important for businesses to control costs and meet customer demand. It involves setting minimum, maximum, and reorder stock levels to prevent overstocking or understocking. Maintaining proper stock levels allows a business to monitor market trends, track available storage space, and ascertain which items are selling well versus those that require more or less ordering. Effective inventory management also helps reduce theft and waste while ensuring production can continue smoothly.
Duties of the marketing clerk in the sales office
The document outlines the main duties of a marketing clerk which include:
- Assisting in preparing advertising material such as drafting ads and ensuring accuracy.
- Assisting with promotional activities like organizing events and attending trade shows.
- Maintaining and updating mailing lists and customer records.
- Assisting in preparing press releases to announce new products or services.
Functions of staff involved in Sales department
The sales office is responsible for keeping accurate sales records, monitoring stock levels, liaising with other departments, and following up with customers. Key functions include maintaining customer records, price lists, sales receipts, stock levels, and communicating with accounts, purchasing, production, and HR. Regular customer follow up is also important to build loyalty and ensure customer needs are met.
Purchase process
This document outlines the procedures for purchase management. It includes details on:
- Roles and responsibilities of the purchase management team
- The process for selecting, evaluating, and re-evaluating vendors
- Procedures for purchasing goods and services, receiving goods, issuing goods, and returning rejected materials
- Maintaining infrastructure and handling non-conformities and corrective actions
The key goal of the procedures is to ensure an efficient procurement process that meets the organization's needs through approved and qualified vendors while maintaining appropriate documentation and controls.
Maintaining stock records - manual and electronic
This document discusses maintaining stock records and inventory management. It outlines various methods for manually and electronically recording stock levels, including stock requisition forms, stock record/bin cards, and inventory management software. Common stock valuation methods like FIFO, LIFO, and average costing are also explained. Computerized inventory systems using barcodes and RFID are described as beneficial ways to track stock levels, identify slow-moving items, and prevent stockouts.
Purchasing and procurement in Material management
Purchasing is a subset of procurement. Purchasing generally refers simply to buying goods or services. Purchasing often includes receiving and payment as well.
Credit Memo-Debit Memo
Credit memos are issued by the organization that sent the original invoice to reduce amounts owed when items are damaged or incorrect quantities are received. Debit memos are issued by the organization receiving an invoice to request a reduction in amounts owed when they were undercharged or overcharged. Both debit memos and credit memos reduce outstanding vendor balances in accounts payable systems, but debit memos are issued by the company to the vendor while credit memos are issued by the vendor to the company. Reasons for debit memos include material rejections or reductions in purchase costs, while credit memos may be issued for increased charges or late payment fees.
Duties of the marketing clerk
The document outlines the main duties of a marketing clerk which include:
- Assisting in preparing advertising material such as drafting ads and ensuring accuracy.
- Assisting with promotional activities like organizing events and attending trade shows.
- Maintaining and updating mailing lists and customer records.
- Assisting in preparing press releases to announce new products or services.
Purchase Presentation 1
The document discusses evaluation of purchase management performance. It outlines various quantitative and qualitative metrics that can be used, including price advantage, inventory levels, and relations with suppliers. Internal and external agencies can evaluate performance. Methods include forms, flowcharts, checklists and key performance ratios. A purchase audit examines the organization, policies, procedures, evaluation and reporting of the purchase department.
Documents used in the purchasing of good and services
This document discusses various forms and documents used in the procurement process for purchasing goods and services. It describes requisition forms that are used by departments to request stock from stores, as well as purchase requisition forms that are used to request items to be purchased from external suppliers. Additionally, it outlines the use of purchase orders that are sent to suppliers, goods received notes to confirm arrival of deliveries, and an index of suppliers that contains provider information. The overall purpose is to explain the key documents and activities involved in the procurement management process for efficient business purchasing.
purchasing
The document discusses the importance and functions of purchasing in business organizations. It states that purchasing has become an important specialized function that involves procuring all materials from requirement to receipt. The objectives of purchasing are to maintain regular material flows, procure competitively priced quality materials on time, suggest substitutes to lower costs, integrate requirements across departments, and create good supplier relationships. Key purchasing principles are procuring from the right sources, at the right time, quantity, quality and price to minimize overall costs and avoid issues like stockouts. The purchasing department structure typically involves a purchase manager overseeing areas like receiving, stores, inventory and traffic.
Accounts and financial services
The document discusses the functions and importance of an accounts office. It explains that an accounts office is responsible for maintaining accounting records, processing financial transactions like payroll and bank accounts, and preparing documents for audits. It also discusses the roles of credit control, collecting payments, issuing debit/credit notes, and working with common bank account types like savings, current, and fixed deposit accounts. Maintaining accurate financial records is crucial for businesses.
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Functions of the procurement and inventory management office
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1661351055Unit 6 1058-V1 Purchase and Stores Management.pdf
This document discusses the key elements of purchase and storage management in construction projects. It covers the important elements of purchasing including selecting the right source, price, quality, time, and quantity. It also describes the materials purchasing system, including the indenting, enquiry, offer processing, and ordering stages. Finally, it discusses the role of warehouses or stores in construction management for effective storage and management of materials.
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The document discusses defining and delivering customer value and satisfaction through a company's value chain and value delivery systems. It explains that companies must delight customers in today's competitive environment. The value chain identifies a company's primary and support activities that create value for customers. These include inbound logistics, operations, outbound logistics, marketing and sales, and service. Support activities are procurement, technology development, human resource management, and firm infrastructure. A value delivery network looks beyond a company's own operations to partner with suppliers and distributors to create a superior customer experience. Levi Strauss is provided as an example of optimizing its value delivery network.
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My Resume
Rayees VC has over 8 years of experience in procurement. He currently works as a Senior Procurement Officer for AL SARH Contracting LLC in Dubai, where he is responsible for order placement, supply and demand alignment, and material replenishment. Previously he held procurement roles at AMB Hertel and Albwardy Engineering Est. He has extensive experience establishing policies, managing budgets and costs, negotiating with vendors, and using ERP systems like Peachtree and Capex. Rayees holds a BBA and diploma in supply chain management and technical skills.
Supply chain-Mohamed Attia-MBA
This document provides an outline on the topic of supply chain management. It discusses key concepts like global supply chain issues, outsourcing, ethics in the supply chain, and strategies like many suppliers, few suppliers, and vertical integration. It also covers managing the supply chain, issues and opportunities in an integrated supply chain, and internet purchasing. The learning objectives are to identify and describe concepts like supply chain management, negotiations, and approaches to vendor selection and evaluation.
Vskills purchasing and material management professional sample material
The document discusses purchase management and the purchasing function. It covers the objectives of purchasing which include maintaining continuity of supply, quality standards, and avoiding waste. It also discusses the history of purchase management, functions of the purchase department, methods of purchasing, and purchase organization structures for small businesses and larger companies. Common structures include centralized purchasing where all purchasing reports to one executive, and decentralized purchasing where each facility handles its own purchasing.
Unit2 ch1
The document discusses business processes and models for consumer-oriented e-commerce. It addresses the need for standard processes for online buying and selling, as well as secure payment and delivery methods. It then describes various consumer applications of e-commerce like online banking, shopping, entertainment and microtransactions. The perspectives of both consumers and merchants during the e-commerce process are examined, outlining typical steps like information search, purchase, delivery, billing and customer service. Finally, emerging electronic payment systems to enable online monetary transactions are mentioned.
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Procedures for purchasing goods and acquiring services
- 1. By G. Flanders-Hinds Section 10 Objectives (a) & (b)
- 2. (a) Factors influencing procedures: i. Urgency ii. Cost iii. Incentives iv. Availability
- 3. (b) Procedures for purchasing i. Catalogues and price lists ii. Tenders/inquiries iii. Quotations iv. E-commerce v. Order placement vi. Shipment/delivery
- 5. Urgency - after placing an order it may often take several days to receive the goods. It is very important that business organizations maintain a good relationship with its suppliers, so that when goods are needed urgently, they can just phone and fast delivery is agreed to. In this case, confirmation is sent by fax or email.
- 6. COST – cost is another factors that influences organization’s decision in purchasing goods. However there are other factors that must be considered as well such as, urgency, quality, reliability, incentives, and availability.
- 7. INCENTIVES – Many suppliers offer incentives to persuade its customers to buy their products. This may include offering discounts, giving extended payment periods, free gifts, and offering extended warranty on items.
- 8. AVAILABILITY – it may have instances where some items may be scarce and costly. If it is difficult to source a particular item, a purchasing department might seek to find a substitute or pay the extra cost.
- 9. The Procurement and Inventory Management office may have set procedures and guidelines in place to purchase items needed to carry on the day- to-day activities of the firm. This includes: Obtaining information from suppliers’ catalogues and price lists.
- 10. - Requesting tenders or making enquiries (the purchaser can ask other businesses for a quotation for goods and services)
- 11. - Requesting quotations from suppliers
- 12. - Placing orders with supplier using standard documents e.g. forms, contracts. - Seeking information about shipment and delivery depending on the type of goods. - Purchases can check catalogues and prices when buying goods online via E- commerce. Many online retail stores accept payment in the form of credit cards, debit cards and e-cheques.
- 13. Carysforth, C., Neid, M., Maxime, C. & Metz, Y. (2012). Office Administration for CSEC. A Caribbean Examination Council Study Guide. Nelson Thornes. Finisterre, S., Payne, L., & Reid, J. (2004). Longman Office Administration for CXC. Pearson Education Limited. Trendfield-Newsome, A. & Walker, C. (2011). Office Administration for CSEC Examinations. Macmillan Publisher Limited.