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Purchasing

  • Eugene L. Magad
  • John M. Amos
Part of the Chapman & Hall Materials Management/Logistics Series book series (COMMS)

Abstract

Purchasing is essential to all organizations—manufacturing, nonmanufacturing, profit-making, nonprofit, and government. Its responsibility is to obtain purchased materials and services in the required quantity, at the right time (delivery), within desired quality specifications, and at a minimum total cost. Purchasing is a key subfunction within a materials/logistics management organization, uniquely involved in frequent contacts with different groups. It must cooperate closely with other materials/logistics management subfunctions to accomplish mutual objectives. Purchasing also has frequent contacts with other company functions such as engineering, marketing, quality assurance, finance, and manufacturing, as well as important contacts with suppliers of goods and services. Good communication with these various groups is essential; the relationships are illustrated schematically in Figure 8–1.

Keywords

Material Flow Quantity Discount Purchase Order Purchasing Management Purchasing Department 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Chapman & Hall 1995

Authors and Affiliations

  • Eugene L. Magad
    • 1
  • John M. Amos
    • 2
    • 3
  1. 1.Materials/Logistics ManagementWilliam Rainey Harper CollegeUSA
  2. 2.Industrial and Manufacturing Systems EngineeringKansas State UniversityUSA
  3. 3.Engineering ManagementUniversity of Missouri-RollaUSA

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