Procurement 1 2 3

A Concise manual of systems and procedures for “Procurement” useful for MSME and public enterprises
₹ 120.00

This is an attempt to cover systems and procedures of procurement comprehensively in a concise manner. It will provide guidance and direction to any micro, small and Medium scale enterprise to put in place “Right and legitimate procurement systems”. 

Public procurement also follows these procedures.Hence this compact book will be useful for public limited companies and Government corporations (Statutory bodies like municipality) to audit their systems and to train their employees or new recruits in procurement function.Procurement process should ensure “Transparency, Fairness, Value for money, Quality and Time” in decision making. This book covers systems to ensure these parameters.I am very much indebted to Shri. N.M.Shah (Ex COS-W.Rly). who is my Guru and mentor. I have referred his book on “Integrated Materials Management” while preparing this treatise.I am also grateful to my friend Shri. Pravin Trivedi of “Trivedi & Associates Tecknical Services Pvt. Ltd” for taking up the challange of printing my work for the benefit of professionals working in procurement and the industry in general.Finally I am quite hopeful that this book will serve the purpose of “stream lining procurement function” in the manufacturing organisations.

I acknowledge silent contribution of my wife Smt. Jayshree Bhatt to all my endeavors.

 

H.M.Bhatt. 

About the Author. 

 

Haritkumar M. Bhatt is a graduate in Mechanical Engineering from M.S.University of Vadodara. He has, during his career progression, completed short term courses in "Materials Management, Marketing Management, and Human Resource Management". He also completed international course in Supply chain management organized by ITC-Geneva with IIMM-India with distinction and is accredited trainer for modules designed for this course.

 

He has more than 30 years' experience in the field of Materials and supply management and retired from "Indian Petrochemicals Corporation Ltd" in 2003. During his career he has contributed to streamlining of processes and cost saving in all areas of materials management.

 

He is faculty and trainer at Indian Institute of Materials Management-Vadodara Branch and is life member of IIMM having held various positions as Chairman-Vadodara Branch and Vice President (West) at national level. He is now awarded distinguished membership and is a member of "Board of Studies" of IIMM.

 

INDEX

Para No.

Description

Page No.

 

Procurement Function

 

1.00

Objectives

1

 

 

 

2.00

Functions

1

 

 

 

3.00

Six Rights [Principles]

2

3.01

Right Quantity

2

3.02

Right Quality

2

3.03

Right Price

3

3.04

Right Time

3

3.05

Right Supplier

4

3.06

Right Terms

4

 

 

 

4.00

Purchasing Cycle

5

4.01

Recognition Of The Need And Generation Of The Demand

5

4.02

Enquiries – Requests For Bids Or Quotations

6

4.03

Source Selection-Determination Of Price

9

4.04

Placing Of Contracts

15

4.05

Post  Contract Work

18

4.06

Purchase Through Petty Cash

22

 

 

 

5.00

Conditions of Contract

24

5.01

General Conditions Of Contract

24

5.02

Special Conditions Of Contract

27

5.03

Terms UnderGeneral Conditions of Contract

29

5.04

Additional General Conditions of Contract

48

 

 

 

6.00

Source Selection

52

6.01

Right Source

52

6.02

Sources of Information Regarding Potential Suppliers

52

6.03

Supplier Selection

53

6.04

Qualities To Look For In A Good Supplier

55

6.05

Registration Of Suppliers

57

6.06

Past Performance

59

6.07

Manufacturer’s Agents, Stockists, Importers

60

6.08

Benefits To Registered Suppliers

60

6.09

Supplier Evaluation

60

6.10

Source Development

62

6.11

Records Of Registered Suppliers

63

6.12

Buyer &Seller Relationship

63

 

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