After reading this essay you will learn about:- 1. Meaning of Purchasing 2. Functions of Purchasing Department 3. Duties of Purchasing Officer 4. Classification of Purchases 5. Objectives 6. Specifications 7. Procedure 8. Principles 9. Methods. Essay Contents: Essay on the Meaning of Purchasing Essay on the Functions of Purchasing Department Essay on the Duties of Purchasing Officer Essay on [...]
After reading this essay you will learn about:- 1. Meaning and Need for Inventory Control 2. Classification of Inventories 3. Functions of Inventory Control 4. Quantity Standards as a Tool 5. Selective Techniques. Contents: Essay on the Meaning and Need for Inventory Control Essay on the Classification of Inventories Essay on the Functions of Inventory Control Essay on the Quantity [...]
After reading this article you will learn about the classification of items of store. 1. Raw Materials: These are used in the making of products, like pig iron in a steel plant, raw cotton in a textile mill. These are stored according to the type of materials. 2. Spare Parts: These are parts purchased from outside source and used in [...]