PURCHASING AND MATERIALS MANAGEMENT

Public and private sector organizations have been experiencing substantial finan- cial losses emanating from mismanagement of purchasing and stores. Purchas- ing and supply is now recognized as a value adding activity able to make consid- erable contribution to the bottom line. Organizations in the public and the private sectors are increasingly turning to professional supply chain measures and proce- dures to reduce costs and utilize internal resources efficiently. Consequently, it is important that purchasing and supply personnel are made aware of the measures designed to promote purchasing and mate- rials management as a critical function in organizations. The course provides knowledge and practical skills in purchasing and materials management functions in a public or private sector organizational setting. The course is also intended to upgrade the skills and competencies of personnel charged with responsibilities for purchasing and materials management.

 Learning Outcomes

• Purchasing and Materials administration
• Logistics and Materials management
• Purchasing techniques
• Specification and quality management
• Source selection
• Price management
• Time management
• Stock control techniques
• Legal applications in procurement management