OPERATIONS MANAGEMENT ECONOMICORDER QUANTITY (EOQ) The Economic Order Quantity model solves the “how much” and “when” aspects of ordering inventory. When inventory reaches the zero point, you order just enough to replenish your stock back to its original level. You Read More …
Month: May 2021
INTERNATIONAL PURCHASING NOTES
INTERNATIONAL PURCHASING Course introduction Introduction; Commercial consideration leading to international purchasing; procedures involved in international purchasing; customs procedures, Scope of international procurement environment, Stakeholders and their roles, The legal framework, commercial terms, management of currency and instruments Skills in international Read More …
PROJECT MANAGEMENT KNEC NOTES
DCM MODULE 3 PROJECT AND CONTACT MANAGEMENT Topic 1: Introduction to Project Management What Is A Project? A project is a complex of activities where resources are used in expectation of returns. It intends to achieve specific objectives. It Read More …
SUPPLY MANAGEMENT KNEC NOTES
TOPIC 1 INTRODUCTION TO SUPPLY MANAGEMENT SCOPE OF SUPPLY MANAGEMENT Supply management: This is a process responsible for the development and management of a firm’s total internal and external supply system. The specific activities include: Early purchase involvement Read More …
PURCHASING MANAGEMENT KNEC NOTES
TOPIC 1 INTRODUCTION TO PURCHASING: Definition and scope of purchasing: Purchasing is defined as a process of acquiring goods, services and works in return for a price. All organisations invariably need input of goods and services from external suppliers or Read More …
Public Procurement and Finance KNEC Notes
LESSON ONE INTRODUCTION TO PUBLIC PROCUREMENT Chapter objectives: By the end of this chapter, the learners should; Understand what is entailed in public procurement Learn about stages of public procurement since independence Explain an ideal public procurement Describe values of Read More …
PRINCIPLES AND PRACTICES OF MARKETING KNEC NOTES
TOPIC ONE NATURE AND SCOPE OF MARKETING;OVERVIEW OF MARKETING. Marketing is the management process responsible for identifying, anticipating and satisfying consumer needs profitably. It is also the performance of business activities that direct the flow of goods and services from Read More …
Supply Chain Management and Purchasing Principles KNEC Notes
TOPIC 1 SCM AND PURCHASING FUNCTION – Click to view TOPIC 2 QUALITY AND QUANTITY DETERMINATION – Click to view TOPIC 3 DETERMINATION OF PRICE AND RIGHT TIME TO BUY – Click to view TOPIC 4 SOURCING – Click to Read More …
TRADE PROJECT KNEC NOTES
TOPIC 1 INTRODUCTION TO RESEARCH METHODS. BRIEF OVERVIEW The managers of tomorrow will need to know more than any managers in history. Research will be a major contributor to that knowledge. Managers will find knowledge of research methods to Read More …
THEORY AND PRACTICE OF HUMAN RESOURCE MANAGEMENT KNEC NOTES
TOPIC 1 1.0 PERFORMANCE APPRAISAL LEARNING OBJECTIVES By the end of this topic, you should be able to: – Discuss the meaning and uses of performance management in an organization – Explain the performance management cycle -Explain the concept Read More …