Direct ordering with publishers and standing vendor method, Other Management

Assignment Help:

Direct Ordering with Publishers:

Due to the inefficiency of local booksellers,  many a library has resorted to the practice of directly ordering with publishers or their local representatives/dealers. This may involve a lot of paper work  as  far  as the  individual library is concerned since it involves getting drafts from banks, transmitting them to publishers, correspondence with publishers for non-receipt of documents, etc. But, once the procedures are streamlined, the  problems encountered, if any,  would be few in number. The difficulties  one may encounter in direct ordering  are in relation to import licences and foreign exchange regulations. Direct ordering with publishers in regard  to periodicals is  extremely advantageous vis-à-vis local vendors. 

Standing Vendor Method:

Standing vendors are appointed for the supply of books and other reading materials to the library. Their selection would depend on their efficiency as well as the lowest quotations offered. The standing vendors so selected are appointed for a year or two under prescribed terms and conditions of supply. If, subsequent to their appointment, it is found that their performance is far from  satisfactory,  their appointments would be terminated and new ones made.  


Related Discussions:- Direct ordering with publishers and standing vendor method

Job enlargement, QUESTION The significance of work design is underscore...

QUESTION The significance of work design is underscored by an organisation's dependence on human efforts to accomplish its goals 1 Contrast the meaning of the terms job enla

What do you understand by the term organizational culture, Question 1: ...

Question 1: (a) Explain the meaning of ‘Authority', ‘Power' and ‘Politics' in the context of an organisation. (b) What are the strategies that are usually used by Manager

Define creativity, Question 1 What are special events? Give example. Wh...

Question 1 What are special events? Give example. What is meant by vision statement? What are the components of a good vision statement? Question 2 Every bidding doc

Aligning mergers and acquisitions with corporate strategy, A ligning Merge...

A ligning Mergers and Acquisitions with Corporate Strategy In the previous section we learnt about the motives for acquisition. In this section, we will learn how to align Mer

Write short notes on cost plus fee contracts, Question 1 Fixed price contr...

Question 1 Fixed price contracts have a preset price that the vendor must adhere to in performing the work and in providing materials. There are different kinds of fixed price con

Planning for negotiations , Planning for negotiations  A complex negoti...

Planning for negotiations  A complex negotiation requires specific planning to be successful. Without planning, a negotiator cannot possibly have the information required to ef

Explain steps involved in decision making, Question 1: (a) Decision mak...

Question 1: (a) Decision making is the essence of management, and every decision starts with a problem. (i) What is a decision? (ii) What is a problem? (b) Decision m

Advertise for inviting proposals, A d v e rtise and Prepare the Shortli...

A d v e rtise and Prepare the Shortlist Here we will learn how to advertise for inviting proposals. As opposed to open bidding for goods and works, proposals for consult

The principles of job design, QUESTION 1 Business policy aims to meet t...

QUESTION 1 Business policy aims to meet the organisation objectives by maintaining or increasing market share and diversifying or with meeting any financial, political or statu

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd