Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
1. Reciprocal Relations: When a company deliberately buys as much as possible from its own customers it is said to practice reciprocity. In consumer goods industries reciprocity is not a problem as the sales are spread among many users. In producer goods industries however reciprocity is a fact of business life.
2. New Materials and Products: Engineering and manufacturing managers are always interested in new products and materials that will help them more efficiently and thereby achieve one of their primary objectives. The purchasing department can help because it deals regularly with the suppliers responsible for the new developments.
3. Economic Make or Buy : Make or buy decisions are generally made by committees consisting of departmental heads. The purchasing manager should spot the need for a make or buy decisions and refer it to the committee for actions.
4. Standardization: The fewer the items that need be controlled the simpler and more efficient does the materials management process become. Thus it is to the interest of the materials personnel to promote standardization and simplification of specifications.
5. Production Improvement: This is the most important primary objective of engineering department but the purchasing department can assist the engineering department. Their economic knowledge can supplement the technical skills of the engineers on programmes to boost profits through product change.
6. Inter Department Harmony: Materials management department deals with about almost all departments in the company. It can greatly contribute to the success of every other department and at the same time the success of materials management department depends on cooperation from the personnel of the other department.
7. Acquisitions: Business acquisitions and mergers are common. Acquisitions is taken as one of the ways of business expansion. It is no easy job to identify a possible candidate for acquisition and then to make the necessary overtures for eventual merger.
K e y performance indicators The key to success of a business is dependant on superior management information. Consequently while monitoring profitability and cash flows, a b
An enrolled nurse has been assigned to care for a close relative who she cares for deeply who has been admitted to hospital with chest pain. Nobody knows that this patient is rela
R esponsibilities Following responsibilities are associated with policy requirements: P roject leaders Project leaders notify federal government departments or agenc
what is the compny competitors doing?
QUESTION While scoping a project, as much information as possible should be gathered about the wants and concerns of sponsors and end-users. What are the useful channels of
Discuss the management part of project management
Tools and Techniques of Layout Planning - Templates Templates are most commonly employed when preparing layouts. Templates are two dimensional (2D) or block templates consist
X Company, a private security firm, has signed a contract to fund the design, construction and running of a local police station. This arrangement is a public private partnership a
The Integrated Management Project is a demanding piece of work requiring initiative, energy and application. It is our desire to support you and help you in this process as much as
What do you mean by the terms tangible and intangible while applied to costs and benefits? Tangible costs or benefits are those for that a plausible quantitative value can be
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd