0% found this document useful (0 votes)
16 views3 pages

Purchasing Notes

The document outlines the purchasing and stock control processes essential for organizations, particularly in rehab centers. It details the functions of purchasing, factors affecting inventory, qualities required of purchasing officers, and methods of purchasing. Additionally, it explains stock control, stock taking procedures, and the organization of stores to ensure efficient management of goods and services.

Uploaded by

gitari455
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
16 views3 pages

Purchasing Notes

The document outlines the purchasing and stock control processes essential for organizations, particularly in rehab centers. It details the functions of purchasing, factors affecting inventory, qualities required of purchasing officers, and methods of purchasing. Additionally, it explains stock control, stock taking procedures, and the organization of stores to ensure efficient management of goods and services.

Uploaded by

gitari455
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Undertake Purchase and Stock Control

1. Definition of Purchasing

Purchasing is the process of buying goods and services needed by an organization to operate
effectively. In a rehab center or counseling facility, this may include purchasing food,
medicines, office supplies, and equipment.

2. Explanation of Purchasing Functions

The main functions of purchasing include:

 Identifying needs of the organization


 Selecting suppliers
 Requesting and comparing quotations
 Placing orders
 Receiving and inspecting goods
 Maintaining records
 Ensuring quality and value for money

3. Explanation of Factors Affecting Store Inventory

Factors that affect inventory (items in store) include:

 Demand (how much is needed)


 Storage space
 Expiry dates (especially for drugs and food)
 Budget availability
 Seasonal needs
 Delivery schedules from suppliers

4. Qualities and Knowledge Requirements of a Purchasing Officer

A good purchasing officer should:

 Be honest and trustworthy


 Have good negotiation skills
 Be organized and detail-oriented
 Understand market prices and trends
 Have knowledge of procurement policies
 Be familiar with inventory systems

5. Explanation of Factors Controlling Purchasing

Purchasing is controlled by:

 Budget limits
 Quality standards
 Approved suppliers
 Quantity needed
 Delivery time
 Legal and ethical regulations

6. Explanation of Purchasing Methods

Common purchasing methods include:

 Open Tendering – inviting all interested suppliers to bid


 Restricted Tendering – inviting selected suppliers only
 Single Sourcing – buying from one known supplier
 Direct Purchasing – buying directly without tenders, often in emergencies

7. Definition of Stock Control

Stock control refers to the management of items in store to ensure the right quantity is
available when needed, without overstocking or shortages.

8. Explanation of Stock Taking Procedures

Stock taking involves:

 Counting all physical items in the store


 Comparing physical count with records
 Investigating any differences
 Done regularly (monthly, quarterly, or yearly)

9. Explanation of Functions of Stores Control

Functions include:

 Receiving and storing goods


 Issuing items to departments
 Recording stock levels
 Monitoring expiry dates
 Avoiding wastage and theft

10. Explanation of Store Procedures

Basic store procedures involve:

1. Receiving goods – check quantity and quality


2. Recording items – enter into stock records
3. Storing properly – in the right condition
4. Issuing items – using authorized request forms
5. Reporting shortages or damages
11. Description of Store Organisation

A well-organized store should have:

 Clear layout – shelves labeled by category


 Secure areas – for valuable or sensitive items
 Proper ventilation and cleanliness
 Record systems – manual or computerized
 Store personnel – trained and assigned clear roles

You might also like