MANAGING AND SECURING SUPPLIES is a key business function that
is responsible for the coordination of planning, sourcing, purchasing, moving,
storing and controlling materials in an optimum manner so as to provide a
pre-decided service to the customer at a minimum cost. In its process of
managing, MANAGING AND SECURING SUPPLIES has such subfields as inventory management,
value analysis, receiving, stores, and management of obsolete, slow-moving and nonmoving. MANAGING AND SECURING SUPPLIES scope is vast. Its sub-functions include Materials planning and control, Purchasing, Stores and
Inventory Management besides others
- Teacher: Dr John Mensah