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Unit 1: Purchasing
Description of unit
The aim of this unit is to encourage learners to explore the major principles, concepts and techniques which are inherent in the management of the purchasing function in modern, efficient organisations.
Summary of learning outcomes
To achieve this unit a learner must:
1 Explain how the purchasing function contributes to the achievement of an organisation's objectives
2 Use appropriate information sources and criteria to evaluate and select suppliers
3 Explain how an organisation ensures that the regular quantities and quality of goods (inventory) and services are purchased
4 Explain the role of the major national and transnational organisations and agencies which influence international purchasing.
