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Describe any quality indicators of the purchasing function.

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Quality indicators of the purchasing function.

  • Buy raw materials in bulk at lower prices.
  • Select reliable suppliers that render the best quality raw materials/capital goods at reasonable prices.
  • Place orders timeously/Do regular follow-ups to ensure that goods are delivered on time.
  • Effective co-ordination between purchasing and production departments so that purchasing staff understand the requirements of the production process.
  • Required quantities are delivered at the right time/place.
  • Implement/Maintain stock control systems to ensure the security of stock.
  • Maintain optimum stock levels to avoid overstocking/reduce out-dated stock/no break in production.
  • Monitor and report on minimum stock levels to avoid stock-outs.
  • Effective use of storage space/Maintain product quality while in storage.
  • Involve suppliers in strategic planning/product design/material selection/quality control process.
  • Establish relationships with suppliers so that they are in alignment with the business's vision/mission/values.
  • Have a thorough understanding of supply chain management.
answered by Master (629k points)
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