Purchase of Materials

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Bus Man Flashcards on Purchase of Materials, created by beth.watson7 on 23/05/2013.
beth.watson7
Flashcards by beth.watson7, updated more than 1 year ago
beth.watson7
Created by beth.watson7 almost 11 years ago
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Question Answer
Quality Stock A supplier's quality should be acceptable and consistent for the firm's needs.
Quantity Stock. A supplier should be able to deliver the correct quantity.
Tine Stock. A supplier should be able to meet the firm's delivery date requirements.
Dependability Stock. The source of supply should be dependavle, the supplier must be respectable and likely to sty in business, and have reliable delivery systems.
Price Stock. The lowest price for the quality desired shoud be sought to ensure value for money; discounts available for regular customers/bulk orders should be checked; availability of credit terms.
Location Stock. Additional charges for delivery or insurance should be checked.
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