Procurement and warehouse management

Procurement and storage are defined as the activities and processes of the organization’s management in its units and departments for profit, Whether the goods are tangible or intangible. Storage, monitoring and use depend on the objectives of the facility, which must be achieved through the optimal use of available resources. Purchase and storage can be defined as all activities and processes that the CEO does in the procurement process and controls everything related to this. Facilities and this type of management are so important in the organization that there is an urgent need for force and strict control, It should be noted that they cover all areas of procurement, whether internal or external.

Procurement and warehouse management functions

Procurement and storagecircuit tasks include: [1]

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The policies and conditions corresponding to the purchase are formulated and then developed.
Important research and studies are conducted to shape the company’s decisions in the procurement process, The most important is to anticipate market conditions and competition that are taking place there.
Review incoming orders and verify their credibility.
Implement the planning process for all purchases, Planning is closely linked to the procurement function.
The inventory rating level is determined by: The upper limit, the dial point and the minimum point.
Provide purchase orders.
Ensure the legal integrity of reports and review procurement contracts.
Determining the fate of the materials submitted, By revealing her condition, Including whether she was rejected or accepted
Arranges and organizes data according to certain records containing procurement data.
Get rid of unnecessary stored items.

Procurement and warehouse management objectives

Procurement and store management objectives include:[2]

Ensure the continuity of the production process and ensure it by providing all the raw materials necessary for the production process;
On the basis that raw materials and product quality are consistent, We will continue to pursue primary products at the best prices, ensuring that product specifications conform to the company’s quality specifications.
Attracting suppliers, And not relying on a single resource, Gives companies the ability to bid for reasonable prices.
Building trust and close relationships between factories and suppliers.
Achieving integration and cooperation between procurement management and various factory departments.