VP-Jaypee-Purchasing - Purchasing An Art Vineet Johri,...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Purchasing – “An Art” Vineet Johri, VP-Purchase, Jaypee Cement P urchase and Logistics are an integral part of Supply Chain Management for any organization. Purchase is process of buying right thing at right price from right source. For an effective purchase system it is important to have a databank of pre-approved vendors. This entails OEMs (Original Equipment Manufacturers) who are the main suppliers which in any process industry are almost pre-defined. Thereafter, starts the process of locating the vendors to the main suppliers, preparation of manufacturing drawings of the engineering items etc. This is an ongoing process to continuously strive to minimize the input cost. The equipment can be categorized into indigenous and import, however the process of breakdown of equipment into components is almost similar. The locating of the sub-vendors and the identification of engineering items becomes easier with the age of the equipment. Till such time when the equipments are under warranty, it is advisable to be OEM dependent
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 10/13/2011 for the course LSCM 723 taught by Professor Dr.neerajanand during the Fall '11 term at University of Management and Technology.

Ask a homework question - tutors are online