What is the primary responsibility of the purchasing department?

Food Purchasing, Receiving and Storing Control

Flashcard
•
Business
•
University
•
Hard
Sophie Chew
FREE Resource
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125 questions
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1.
FLASHCARD QUESTION
Front
Back
The purchasing department is responsible for sourcing, receiving, storing, and issuing stocks, which could be in the form of food, beverage, supplies, and equipment.
2.
FLASHCARD QUESTION
Front
What are the objectives of the purchasing department?
Back
To meet financial targets, maintain quality, and meet buyer’s and consumer’s requirements.
3.
FLASHCARD QUESTION
Front
What are the Six Rs of purchasing principles?
Back
Right Quality, Right Quantity, Right Time, Right Source, Right Price, Right Place.
4.
FLASHCARD QUESTION
Front
What is the first function of purchasing?
Back
Receiving indents, which involves accepting and verifying incoming requests for goods or materials from different departments.
5.
FLASHCARD QUESTION
Front
Why is the assessment of demand important in purchasing?
Back
It ensures that the description of needs is clear and precise, preventing costly errors in ordering.
6.
FLASHCARD QUESTION
Front
What is the significance of selecting sources of supply?
Back
It is crucial for determining where to procure requisitioned items, ensuring quality and reliability.
7.
FLASHCARD QUESTION
Front
What should be included in a purchase order?
Back
Description and specifications of the material, quantity ordered, transport and packing charges, supplier details, delivery date, price, and terms of payment.
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