Types of Purchasing Policy adopted by Industrial Enterprises Purchasing policy means purchasing sufficient quantity of materials for all the anticipated needs but neither overstocking nor carrying stocks at
General Purchase Procedure of a Company The purchase procedure of the company differ from one to the other. The following is the general purchase procedure. Specific forms and
What are Centralized & Decentralized Purchases? Centralized Purchase refers to purchasing of all the requirements under the central point of the organization. Like wise, Decentralized Purchase refers to
Role of a purchase department in an Organization Purchase department is established in an organization if the volume of purchase is high. There is no need of purchase
Purchase returns Sometimes, goods purchased are returned back to the suppliers for various reasons such as goods are not as per sample, inferior quality of the goods, etc.
Purchase of Stationery Generally, the office manager is responsible to buy the stationery. He has to consider utility, price, quality, quantity, and storage facility before placing an order.
Types of Purchases of Office Stationery There may be centralized or decentralized purchase of office stationery. Namely, Centralized Purchasing Decentralized Purchasing. What is Centralized Purchasing? Centralized purchase refers
