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Resources for allTOPIC 6 RECEIVING AND INSPECTION OF GOODS Receiving of incoming goods Introduction: Receipt of goods in a working environment is a very important exercise since it accounts to verification of consignment from various quarters. It calls for authorized Read More …
TOPIC 5 ORDERING PROCEDURE This is a set step process of acquisition of goods , services and works as recommended PPDA (2005) A: IMPORTANCE OF FOLLOWING PURCHASE PROCEDURES 1. Ensure public organisations get value for money 2. Read More …
TOPIC 4 SOURCING Introduction to sourcing Definition of sourcing Sourcing is the process of identifying, selecting and developing suppliers. The definition of sourcing can be simple or much more complex, the simple definition is “the process involved in identifying Read More …
TOPIC 3 : DETERMINATION OF PRICE AND RIGHT TIME TO BUY: PRICE Definition 1: A value that will purchase a finite quantity, weight, or other measure of a good or service. Definition 2 the sum or amount of money Read More …
TOPIC 2: QUALITY AND QUANTITY DETERMINATION Introduction to concepts in quality management: A. Defin 1 : Quality: ISO 8402 defines quality as the totality of features and characteristics of a product that bears on the ability to satisfy Read More …
KNEC DIPLOMA NOTES Supply Chain Management and Purchasing Principles notes Click on the topics titles to open Topic 1: Supply Chain Management and Purchasing Function Topic 2: Quality and Quantity Determination Topic 3: Determination of Price and Right Time to Read More …
TOPIC 1 SCM AND PURCHASING FUNCTION Introduction: Definitions: Procurement: The term procurement is defined as the acquisition of merchandise or services at the optimum possible total cost in the correct amount and quality. These goods and services are also purchased Read More …
TOPIC 1: NATURE AND SCOPE OF MARKETING Meaning of marketing Goals of marketing Marketing philosophies Historical development of marketing Role of marketing in economic development TOPIC 2: MARKETING INFORMATION SYSTEMS Meaning of marketing information systems Sources of marketing information Market Read More …
Introduction A merger can be said to be a combination of two or more equally strong firms to form a completely new entity. The firms lose their original identity after the merger and no firm dominate the other. An acquisition Read More …