Teachers' Guide: Purchasing
The theory section covers the following theories:
- Stock control systems
- The role of the purchasing department
- Costs of holding stocks
The worksheets are on the
following topics:
- Holding stocks - costs of stock holding, stock control systems and effect on
financial statements
- Stakeholding
The photos and questions are
on:
- Costs of holding stocks, stock control and purchasing skills
- Layout of stocks and effect on financial statements
The further work looks
at:
- Centralised and de-centralised purchasing
- Computerised stock control
- Quality control
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