BAM 117 – PRINCIPLES OF PURCHASING

Goal:
To understand the key principles and concepts of the purchasing function in a business organisation. To be aware of the need for the purchasing function.

General Objectives:
1. Explain the purchasing function in a business organisation.
2. Purchasing – information sources and criteria to select suppliers.
3. Buying the Right Quantity and Quality.
4. Appreciate the key aspects of international purchasing
5. Know how the different approaches and techniques of purchasing used in buying different types of products/services.