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What are the factor affecting purchasing position in the organisational hierachy?
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What are the common objectives of the purchasing function?
The common objectives of purchasing purchasing can be outlined as follows:· Maintaining continuity of supply: The purchasing function must ensure the continuous availability of material, supplies and equipments to maintain production schedule or to avoid disruption in production. The purchasing function also requires investments in reserve inventories. The efficiency of purchasing function lies in proper balancing of these factors which require experience, judgment of future activities and trends and various other activities on the part of purchasing authority.· Maintenance standards quality: The purchasing function must ensure that the material purchased must be of required quality in order to produce the goods according to specifications and to maintain quality standards.· Avoidance of duplication, waste and obsolescence: The purchasing authority must have the accurate knowledge of the items in hand and the requirements of materials for a particular period in order to have proper decision in view of long range and short range plans. This is necessary to avoid duplication, waste and obsolescence with respect to various items purchased.· Maintenance of company's competitive position: The purchasing authority must constantly examine his specifications for the purchase of right material. This is necessary to make sure that his company's quality standards are neither higher nor lower than those of close competitors and to maintain his company's position in the industry.· Maintenance of company's good image: The purchasing agent must create a good image in the minds of suppliers. This will help him in purchasing operation and to discover new ideas and materials besides lowering its cost or improving products.· Developing alternative sources of supply: Alternative sources of supply should be exposed for increasing the bargaining power of the buyer and minimizing the cost of purchases. Purchases can be made from alternative sources if a particular supplier fails to supply the required items.
What is the difference between a tactical and strategic warhead?
strategy:Heart and soul of managing an organisation lie in the task of crafting, implementing and executing organisational strategies. For an organisation it is game plan management- staking out a market position, conducting operations, attracting and satisfying customers, Competing successfully, growing and achieving consecutively meeting organisational objectives and achieving goals as set previously.Tactics:Tactics follows strategy. Tactical objectives finally consolidate the strategic plan of action fulfilling the strategic goal. While tactics is also directed towards achieving a goal, many games of tactics will be required to achieve a strategic goal through the desired objectives.
What is Converse current position in the market place?
converse position
What is a kim-lord grid Purchase-decision position?
This has everything to do with advertising and Marketing for a business- this is studied in Business classes in colleges and can be found in text books- Academics Kim and Lord recognized that people can be both cognitively (the mental process of thinking) and effectively involved at the same timewhen it comes to people making purchasing decisions. There is a grid that shows how consumers make different type of purchasing decisions for different type of product. The concept that Kim and lord have is that by this method towards a advertising marketing strategy that involves both the affective involvement meaning how a consumer feel about a product and the cognitive involvement which is what a consumer think about a product. Kim and lord feels that if both are addressed in a marketing advertising strategy that the consumer is geared towards purchasing your business services or product. I hope this explains somewhat of what you want to know Angelita Robinson
What is difference between promotion and transfer?
transfer is movement of employee who has the same level or position. promotion is up grad of salary increment's and promotion from lower position to high position
What are factors affecting income?
position and type of job you have
What are the factors affecting national income?
position and type of job you have
Organisational analysis and Organisational diagnosis?
Our approach is founded on our Model for Organisational Integration. This defines organisational effectiveness as the ability to maximise results in the competitive external environment. Business excellence may be defined as the ability to sustain superior results over time. Organisational effectiveness is achieved when structure, processes and systems, culture and people are fully aligned to the organisation's business purpose and direction. = Organisational Effectiveness Questionnaire = This is designed to deliver a robust and practical diagnosis of an organisation's current reality in relationship to its desired competitive position. The Organisational Effectiveness Questionnaire produces a gap analysis between current reality and desired competitive position with respect to: * Business Purpose and Direction * Organisation Structure * Processes and Systems * Culture * People Using the gap analysis, we work with you to prioritise the opportunities for improvement and develop strategies for change and actions for implementation. Qualitative research can be used to augment this analysis of organisational effectiveness. This involves conducting semi-structured interviews with executives and focus groups with managers and staff.
What is the meaning liquidity position?
The position of a company is an ability to convert an asset into cash quickly. The degree to which an asset or security can be bought or sold in the market without affecting its price.
How does one become a certified purchasing manager?
One can become a certified purchasing manager within a business. To become in charge of a business's finances, one must be promoted to that position.
The function of a retail or purchasing cooperative business or co-op is to?
To give small businesses (acting together) the volume purchasing power (negotiating position) to compete with larger businesses in their industry.
How would you relate your key competencies to a purchasing officer position?
You could talk about how you are very detail oriented and analytical. You can also talk about how you have a lot of experience in this position as well as experience with finances.
What do you like best in purchaser position?
i like purchasing position because in this field my personality in dealing with people will be developed and the same time, i will be updated on what's going on in the market situation and it will be an additional knowledge.
What is a dip ticket?
By purchasing a Lucky Dip ticket, the purchaser accepts that the position of their ticket(s) within the venue is as allocated to them on show day and no correspondence will be entered into regarding the allocation of their ticket position within the venue.
What are the factors affecting capital structure in financial management?
1. Business Risk 2. Financial Flexibility 3. Managerial Attitude 4. Tax Position
Explain the organisational structure in your last company and how you fitted into it?
When you are asked to explain the organizational structure of your last organization the interviewer is trying to see whether you understand your position. You should highlight the chain of command and explain who and what you are responsible for doing.
What is adequate disclosure concept?
it states that all relevant and material events affecting the financial condition or position of a business and the results of its operations must be communicated to users of financial statements
