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Purchasing and Stores Management

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Language:  English
This book is an attempt to highlight the main principles and practices governing the management of purchasing and stores departments, and will be useful to managers and aspiring managers alike.
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  1. Concept of purchasing
    1. Introduction
    2. Concept of purchase control
    3. Objectives of purchase department
    4. Factors for purchasing
    5. Role of purchasing
    6. Supply sourcing
    7. Negotiation
    8. Supplier management
    9. Purchasing and e-procurement
  2. Purchase organisation
    1. Introduction
    2. Centralised and decentralised purchase organisation
  3. Enlistment of approved suppliers
    1. Introduction
    2. Categories of registration
    3. Removal of firms from approved list
    4. Benefits/concessions to registered firms
  4. Purchasing methods
    1. Mode of purchase
    2. Quantity purchase methods
    3. Quantity standards
    4. Quality standards
  5. Purchase procedure
    1. Registration for purchases
    2. Submission of indents
    3. Tendering
    4. Opening of tenders
    5. Petty cash purchases
    6. Using an accounting software
    7. Keeping records organised
    8. Returning damaged goods
  6. Quality control
    1. Introduction
    2. Quality control
    3. Internal control
  7. Storekeeping and stores management
    1. Introduction
    2. Stores management and stock (inventory) control
    3. Stocks
    4. The stores function
    5. Location and layout of stores
    6. Receipt and issue of materials
  8. Materials handling
    1. Loading / Unloading
    2. Internal transportation
    3. Material handling equipment
    4. Materials issue and accounting
  9. Stock verification
    1. Object of stock verification
    2. Responsibility for and frequency of verification
    3. Inventory count sheet
    4. Guidelines
    5. Department verification
  10. Inventory control
    1. Essentials for effective inventory management
    2. Annual review of inventory
    3. Inventory control methods
  11. Principles of management and stores
    1. Introduction
    2. Functions of management
    3. Management of personnel
    4. Training

Purchasing and stores management are closely linked and are an important function of management in an organisation – particularly in the area of manufacturing and wholesaling. A thorough knowledge of the principles and practical aspects of purchasing and modern and appropriate methods and practices of stores management can contribute significantly to the overall good health of an organisation. This book highlights the main principles and practices governing the management of purchasing and stores departments, and will be useful to managers and aspiring managers alike.

About the Author

Manmohan Joshi

Manmohan’s interactive style and unique ability to engage with young as well as not so young has made him a very effective training facilitator. He has conducted a horde of training programmes in India and the Middle East. His deep insight into the culture of his home country – India – and that of the Middle East has made it possible for him to effectively engage audiences. He has also made presentations on various topics at International Conferences under the auspices of UNESCO, and ensured that his practical viewpoints are shared with a wide variety of audience.

Currently a Freelance Training Facilitator, Manmohan has authored several eBooks on Management and Education.

Having worked as Head of several educational and training organisations in India, Kuwait and Oman, he has specialised in training programmes for people in a wide variety of professions. He has also made a Webinar presentation on Personality Development organised by a US-based organisation.

An alumnus of Cambridge International College (UK), Manmohan also holds a Ph.D. in Management, and Masters in Business Management, Education and English.

Manmohan is currently India-based and conducts training programmes for college students, professors and management executives.

Among his other programmes the following are in much demand:

  • Soft Skills

  • Business Communication

  • Leadership & Teambuilding

  • Pedagogy of Teaching at college/school level

  • EMI (English as Medium of Instruction) Skills for college professors

  • Guidance and counselling in educational institutions