To Ensure uninterrupted flow of Materials to Support Operations
· To Ensure Cost, Quality & Delivery across all Purchase Functions.
· To provide Necessary Expertise, Advise & information to Operation Department.
· To develop and maintain Buyer & Seller relationship - to become preferred buyer in market
· Develop reliable alternative sources of supply to meet the Company requirements
· Treat all prices and information submitted by suppliers as confidential in order to preserve a good business reputation and obtain competitive prices.
· Resolve complaints on all purchased goods and services
· Provide leadership in the standardization of materials, supplies, equipments, services and procedures.
Organizations typically use three main types of objectives: strategic, tactical, and operational. Strategic objectives focus on long-term goals and overall direction, guiding the organization's vision and mission. Tactical objectives are more short-term and specific, often detailing how to achieve strategic objectives through specific actions. Operational objectives are the day-to-day tasks and processes that support both tactical and strategic goals, ensuring efficient and effective operations.
Some examples of a construction companyâ??s organization goals and objectives include: to make a profit, to create quality construction projects, and to ensure the safety of their workers and construction sites. If the company is a public company an additional goal would be to create value for their shareholders.
In a firm with a good system of internal control, all purchases of machinery, equipment and materials must go through the purchasing department. The department that wishes to purchase something cannot directly order it, but instead creates a document called a requisition, which must be approved by the appropriate person (i.e., the one with the authority to approve the purchase). The requisitioning department sends the approved requisition form to the purchasing department. The purchasing department should be familiar with various outside vendors, and it will locate the vendor who is offering the requisitioned item for the lowest possible price. It will order the goods from that vendor. It will then issue an approved purchase order and send it to the chosen vendor as the vendor's authorization to ship the goods. The purchasing department sends a copy of the purchase order to accounts payable and to the receiving (warehouse) department that will accept the purchased goods when they arrive. In a good system, the quantity of order goods does not appear in the receiving department's copy, forcing that department to manually count the number of items received, to confirm independently that the number of items received equals the number ordered. When the goods are received, the receiving department creates a receiving report and delivers the goods to the requisitioning department (and it should require the requisitioning department to sign off on the report, indicating that it received the items it requisitioned). When the vendor sends its invoice to accounts payable, that department will match that invoice to its copies of the purchase order and the receiving report, to make sure that everything on the invoice has in fact been properly ordered and received by company personnel before the invoice is authorized for payment. The purchasing department is a control on the purchase of items to be paid for by the company. It prevents company personnel in different departments from ordering items without authorization and at too high a price, and it helps to ensure that all authorized purchases are captured by the firm's accounting system.
Financal objectives and social objectives.
objectives of indigenisation
To satisfy customers needs...
it is found in the student handbook
The aims or goals of a business are set to the department. Might be developed by the departmental heads in conjunction with those who set organizational objectives. Objectives will sometimes be presented to departmental heads rather than agreed with them. Every single member of the department needs to be aware of the departmental objectives.
Goals are broad, long-term objectives that an organization works to accomplish and its overarching vision in business policy. Conversely, objectives are precise and quantifiable, and time-bound goals have evolved to achieve the more general goals. While goals divide things into manageable steps, objectives give them direction.
goals and objectives
Management by objectives refers to giving employees goals and managing those goals instead of micromanaging them. If you manage the goals, then you are able to meet your performance objectives.
Yes, there is a difference between goals and objectives in project management. Goals are broad, long-term outcomes that provide direction and purpose, while objectives are specific, measurable steps taken to achieve those goals. Goals set the overall vision, and objectives break it down into actionable tasks. For example, a goal might be to improve project efficiency, while an objective could be to reduce project delays by 15% over the next quarter. To learn more about defining and aligning goals and objectives, visit PMTrainingSchool .Com (PM training).
goals are long term and objectives are short term
The editor-in-chief typically oversees the department at a newspaper. They are responsible for setting editorial direction, overseeing content production, managing staff, and ensuring that the newspaper meets its goals and objectives.
Goals are broad, overarching aims that an individual or organization wants to achieve. Objectives are specific, measurable steps that help to reach those goals. In essence, goals are the destination, while objectives are the roadmap to get there.
It is just your vision or your goals, for me that is the function of objectives.
It is just your vision or your goals, for me that is the function of objectives.