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.
Question 1: (a) What are the steps involved in the project management process? (b) Describe how project planning can help in the management of projects? Question 2:
Question 1: "One of the main challenges of hotel management today is the rapid changes in customer requirements, trends and tastes, resulting in the necessity for frequent exte
Explain the WBS or CBS budgeting planning in project. Throughout a project, financial control can be accomplished by actual expenses being tracked against every budget assigned
1. Identify a potential target market for BNP Paribas’ retail banking’s future international expansion strategy
System Layout Planning Activity Relationship Chart Systematic layout planning (SLP) method is used in some production systems such as service systems, where the amount of mate
Multiplicity of processes available for a job the selection of an appropriate process is not an easy matter. Choosing a process with over capability is as bad as choosing one w
The individual is a central feature of organisational behavior and a necessary part of any behavioral situation. According to the study findings, that organisational value has help
discussion questions case study
What have RAD and extreme programming got in common? What are the claimed advantages of these approaches? Both XP and RAD have as their common intention, and when their primary
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
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