Purchasing Activities

Business Management · Level 6  ·  3 Chapters

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Chapters

What Purchasing Activities covers: 13 main topics in 3 chapters

1. Carry out stock taking activities

  1. 1.1 Verification of Opening inventory balance
  2. 1.2 Meaning and importance of Inventory bin cards.
  3. 1.3 Inventory records preparation
  4. 1.4 Period stock-taking report preparation.

2. Process purchase requisitions.

  1. 2.1 Purchase requisitions
  2. 2.2 Prequalified suppliers record preparation
  3. 2.3 Purchase order generation
  4. 2.4 Methods of purchasing inventory:
  5. 2.5 Procedure for purchasing inventory

3. Maintain inventory levels.

  1. 3.1 Receipt of Purchased Inventory
  2. 3.2 Methods of issuing and valuation of inventory
  3. 3.3 Inventory records preparation
  4. 3.4 Warehousing

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