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The Significance of the Purchasing Function
The Problem of Centralization
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actual adequate advantage American Standards Association amount basis BAUSCH & LOMB bids buyer buying charge chasing officer Clerk commodity company's concern contract copy cost cotton definite delivery determine duction economical efficient engineer equipment fact factors Federal Trade Commission grade important indicated industrial inspec inspection division inventory invoice involved machines manu manufacturer ment merchandise method operations organization pany particular partment performance perpetual inventory plant purchasing departments possible practice problems procedure procurement officer production department profit proper Purch purchase order purchase record Purchasing Agents purchasing budget purchasing director purchasing officer quantity discounts question quotations raw materials reason received requirements requisition responsible result sales department salesmen salvage scrap sell seller shipment sources of supply specifications speculative standard Stock Card stores department storeskeeper suppliers terials tion transaction vendor