Purchasing and Supply Management

Part 1: Fundamentals of purchasing and supply. Purchasing, supply and materials management. Make or buy? Purchase requirements and supplier selection. Purchase orders and contracts. Legal aspects of purchasing. Planning the store. Operating the store. Materials coding and classification. Stock control. Management and planning. Stock control: Practice and procedure. Questions on part one. Part 2: Purchasing Practice and Techniques. Specifications. Suppliers. Professional ethics in purchasing. Quality assurance in purchasing. Buying abroad. Buying commodities. Constructional contracts. Questions on part two. Part 3: Supply Policy and Organization. Supplying merchandise for resale. Supplying the public sector. Cost reduction in purchasing and supply. Personnel for purchasing and supply. Organizing the department. Control. Questions on part three.