Subject: Chapter1
Nature σƒ purchasing function:
Purchasinng refers to тнє systematic process σƒ deciding when and how much to purchase,
the act σƒ purchasing it and the process ensuring what °̩s required °̩s received oи time and
in the correct quantity and quality required.
Importance σƒ industrial purchasing:
Importance σƒ P&S management ƒσя business:
Globalisation
|
Organisational structures need to become more internationally oriented.
|
Rapid development in information technology.
|
Supply risks have increased ώĩ†̥ђ тнє number σƒ international terrorism.
|
Тнє technological revolution has shortened тнє lifespan σƒ products.
|
Increasingly stringent quality specifications.
|
Constant rises in inventory costs.
Steps in the purchasing cycle:
-Identification αиð description σƒ the need- this requires purchasing requisitions, material
lists αиð kanbans
-Source identification αиð supplier selection
-Bidding αиð negotiating
-Placing the order
-Following up order
-Receipt αиð inspection σƒ incoming goods
-Analyse тнє invoice αиð closing order
Supply management:
°̩s the identification, acquisition, access, positioning αиð management σƒ resources αиð
related capabilities an organisation needs in attaining its strategic objectives
Supply chain management:
Integrates supply αиð demand management within αиð across the companies. It
encompasses planning αиð management in sourcing αиð development αиð all logistic
management activities.
Logistics management:
°̩s the part σƒ SCM that plans, implements αиð controls тнє flow σƒ storage σƒ goods
services αиð related info between the point σƒ origin αиð the point σƒ consumption.
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Nature σƒ purchasing function:
Purchasinng refers to тнє systematic process σƒ deciding when and how much to purchase,
the act σƒ purchasing it and the process ensuring what °̩s required °̩s received oи time and
in the correct quantity and quality required.
Importance σƒ industrial purchasing:
Importance σƒ P&S management ƒσя business:
Globalisation
|
Organisational structures need to become more internationally oriented.
|
Rapid development in information technology.
|
Supply risks have increased ώĩ†̥ђ тнє number σƒ international terrorism.
|
Тнє technological revolution has shortened тнє lifespan σƒ products.
|
Increasingly stringent quality specifications.
|
Constant rises in inventory costs.
Steps in the purchasing cycle:
-Identification αиð description σƒ the need- this requires purchasing requisitions, material
lists αиð kanbans
-Source identification αиð supplier selection
-Bidding αиð negotiating
-Placing the order
-Following up order
-Receipt αиð inspection σƒ incoming goods
-Analyse тнє invoice αиð closing order
Supply management:
°̩s the identification, acquisition, access, positioning αиð management σƒ resources αиð
related capabilities an organisation needs in attaining its strategic objectives
Supply chain management:
Integrates supply αиð demand management within αиð across the companies. It
encompasses planning αиð management in sourcing αиð development αиð all logistic
management activities.
Logistics management:
°̩s the part σƒ SCM that plans, implements αиð controls тнє flow σƒ storage σƒ goods
services αиð related info between the point σƒ origin αиð the point σƒ consumption.
Sent via my BlackBerry from Vodacom - let your email find you!
