Purchasing Procedures and Stores Management Practices

Introduction to Stores Management and Purchasing
• Definition and scope of stores management and purchasing
• Importance of effective stores management and purchasing procedures
• Overview of the supply chain and its components

Role and Responsibilities of Stores Managers
• Functions and duties of stores managers
• Organization and layout of storage facilities
• Inventory control principles and techniques

Inventory Management Practices
• Stock classification and categorization
• Reorder point (ROP) and economic order quantity (EOQ)
• Inventory valuation methods and cost control

Warehouse Operations and Material Handling
• Warehouse layout and design
• Material handling equipment and techniques
• Safety and security measures in warehouse operations

Introduction to Purchasing Procedures
• Overview of the purchasing process
• Roles and responsibilities of purchasing officers
• Purchasing policies and procedures

Procurement Planning and Vendor Selection
• Steps in procurement planning
• Vendor evaluation and selection criteria
• Developing and managing supplier relationships

Purchase Order Processing
• Requisition and approval process
• Purchase order creation and transmission
• Expediting and follow-up on orders

Contract Management and Negotiation
• Contract types and terms
• Negotiation strategies and techniques
• Contract administration and performance monitoring

Quality Assurance and Compliance
• Quality control measures in purchasing
• Compliance with regulatory requirements and standards
• Supplier quality management practices

Inventory Receiving and Payment Procedures
• Receiving and inspection of incoming goods
• Invoice verification and payment processing
• Discrepancy resolution and supplier performance evaluation

Modern Tools and Technologies in Stores Management and Purchasing
• Inventory management software and systems
• Electronic data interchange (EDI) and procurement platforms
• RFID and barcode technology for inventory tracking

FOR WHOM:
Stores, Purchasing and Logistics Personnel in the Public and Private Sectors.