Roles & Responsibilities of Purchasing Professions

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Roles & Responsibilities of Purchasing ProfessionalsandSignificance of Purchasing : 

Roles & Responsibilities of Purchasing ProfessionalsandSignificance of Purchasing Presented by: Pavan rathod Pavan singh Poonam chand Prakash M

Meaning: : 

Meaning: Materials management is part of logistics and refers to the location and movement of the physical items or products. There are three main processes associated with materials management: spare parts, quality control and inventory management.

Responsibilities delegated to purchasing function: : 

Responsibilities delegated to purchasing function: Obtaining prices, Selecting vendors, Awarding purchase orders, Following up on delivery promises, Adjusting and settling complaints, Selecting and training of purchasing personnel, Vendor relations.

Responsibilities other than purchasing function: : 

Responsibilities other than purchasing function: Obtaining technical information and advice Receiving sales presentations Scheduling orders and deliveries Inspecting Specifying delivery method and routing Accounting Inventory and warehousing policy and/or control Sale of scrap, salvage and surplus

Slide 5: 

Contracting for machines and equipment Determination of whether to make or buy Receiving and warehousing Payment of invoices Other functions.

Significance of purchasing : 

Significance of purchasing Efficient administration Quality of the final product Delivery in Time Increase in profitability Optimum utilization of capital.

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Thank you…

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