Day: May 24, 2021

TOPIC SIX PSS   TOPIC SIX: MEASURING PURCHASING AND SUPPLY PERFORMANCE Performance measurement is a determination of what a program accomplishes and whether desired results are being achieved. Performance measurement is the process of determining how successful organizations / individuals Read More …

TOPIC FIVE PSS   TOPIC FIVE: PURCHASING AND SUPPLY ORGANIZATION An organizational structure is a system used to define a hierarchy within an organization. It identifies each job, its function and where it reports to within the organization. A structure Read More …

TOPIC FOUR PSS-1   TOPIC FOUR: PURCHASING AND SUPPLY CHAIN POLICIES Definition –A policy is a governing set of principles which establish the general parameters for an organization to follow in carrying out its responsibilities. Definition -A policy is a Read More …

TOPIC THREE PSS       TOPIC THREE: PURCHASING AND SUPPLY STRATEGIES  Purchasing strategy refers to the actions that the purchasing department may take to achieve its objective. Purchasing strategies are aligned with corporate-level strategies (strategic alignment).   Strategic purchasing Read More …

TOPIC TWO PSS   STRATEGIC PLANNING Strategic planning is an organization’s process of defining its strategy, or  direction,  and making decisions on allocating its resources to pursue this strategy. It can also be defined as planning for making and implementing Read More …

TOPIC ONE PSS     TOPIC ONE: IN TRO DUC T ION TO S TRA TE GI C  M AN AG EM EN T   Purchasing- Refers to the buying of materials of the right quality, in the right quantity, Read More …