Purchasing & Materials Management

Main topics of study:

Scheduling Parts for Manufacturing Projects:

  • Scheduling Framework
  • Collating Material Requirements
  • Line of Balance
  • Computer Solutions

Purchasing – Principles & Initial Ordering:

  • Purchasing & Materials Control
  • Purchasing Cycle
  • Purchase Order; Commercial Conditions of Purchase
  • Incoterms
  • Specifying the Goods
  • Timing of Orders &Deliveries
  • Purchase Quantities

Purchasing – Post Order Activities & Materials Control

  • Purchase Order Amendments
  • Expediting
  • Shortages
  • Pareto Principle & Stock Management
  • Project or Stock Purchasing
  • Project Purchasing as a Condition of Contract
  • Stores Administration
  • Materials Management as Shared or Common Service

Purchasing – Procedures for Capital Projects:

  • The Purchasing Organisation
  • Purchase Control Schedules
  • Purchase Specifications
  • Purchase Enquiries
  • Bid Evaluation
  • Purchase Requisitions & Orders
  • Specification
  • Enquiry & Order Numbers
  • Quality & Progress
  • Vendors’ Documents
  • Shipping, Port & Customs Formalities
  • Purchase Order Status Reports