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Responsibilities Of Purchasing 
1.Studying the market and keeping itself abreast of condition 
supplies,prices,price trends and deliveries. 
2. Maintaining a complete record of sources of supply of materials 
supplies,components,equipments,parts,tools,etc. 
3.Advising management on the effectiveness of purchasing policies ,and 
development of new policies. 
4. Developing and maintaining an effective buying service.
Purchasing policies 
1.Hand-to-mouth Buying. 
2.Market Purchasing. 
3.Purchasing on Long-rouge Contract 
4. Hedging 
5.Speculative Buying 
6.Upstream Buying
Purchasing Practices 
• Steady-use Items 
• Big One-shot Items 
• Middle-sized Purchases 
• Small Items 
• Selection of Vendors 
• Purchase Price 
• Fair Dealings 
• Discounts 
• Value Analysis 
• Gifts
Major Function & Sub Function 
Of Personnel Management
Operating Training 
Executive Development 
Determining 
Organisational needs 
Planning & Designing 
Organisational Structure 
Designing 
Interpersonal 
Relationship 
Chief Personnel Executive 
Manpower Planning 
Recruitment 
Selection 
Placement 
Induction & Orientation 
Transfer 
Promotion 
Seperation 
Organisational 
Planning 
& Development 
Staffing Training Development 
Part I
Chief Personnel Executive 
Wage & Salary 
Administration Motivation Employee Services 
Job Evaluation 
Wage & Salary 
Administration 
Incentive 
Compensation 
Performance 
appraisal 
Non-Financial 
Incentives 
Satisfaction of Social 
& psychological 
needs 
Safety 
Counseling 
Medical 
Recreation 
Leave, Pension 
Provident 
Fund & Gratuity 
Part II
Chief Personnel Executive 
Employee Records Labour Relation Personnel Research 
Collection 
Of data 
Analysis of data 
Developing 
Information 
For decisions 
Grievance Handling 
Discipline 
Implementing Labour 
Laws 
Collective 
Bargaining 
Survey 
Data Collection 
Evolution of Personnel 
Programmers 
Identification Of 
Need & areas of change 
Development of 
More Appropriate 
Programmers &policies 
Part III
Functions of Personnel management 
1.Organizational Planning and Development : 
I. Determining Organizational Need. 
II. Designing Organizational Structure 
III. Designing Interpersonal Relationships.
2.Staffing: 
I. Manpower Planning 
II. Recruitment 
III. Selection 
IV. Placement 
V. Induction and Orientation. 
VI. Transfer 
VII. Promotion. 
VIII. Separation
3.Training and Executive Development : 
I. Operative Training 
II. Executive Development. 
4.Wage and Salary Administration : 
I. Job Evolution 
II. Wage and Salary Programme. 
III. Incentive Compensation. 
IV. Performance Appraisal. 
.
5.Motivation : 
I. Non-Financial Incentives 
6. Employee Services : 
I. Safety 
II. Employee Counseling 
III. Medical Services 
IV. Recreation Canteen and other Welfare Programmes 
V. Leave , Provident Fund ,Pension and Gratuity Programmes 
7. Employee Record :
8.Labour Relations : 
I. Grievance Handling 
II. Discipline 
III.Compliance with Labour Laws 
IV.Collective Bargaining 
9.Personnel Research :
MARKETING – Definition - 1948 
• The performance of Business activities 
that direct the flow of goods & services 
from Producer to the Consumer or User--- 
American Marketing Association 
• It ignores important aspect of marketing ie. 
To Plan & Produce the goods 
that Customer wants.
MARKETING - Definition 
• Marketing is a Total System of business 
activities designed to plan,price,promote & 
distribute want – satisfying goods & 
services to Present & Potential 
Customers. 
• It has many important implications…
EVOLUTION of MODREN 
MARKETING 
• Evolved over a period of century 
• Primitive Society 
– Based on agriculture & handicrafts 
– Exchange is very limited 
– Marketing non-existant
EVOLUTION of MODREN 
MARKETING 
• Early stages of industrialization 
– Excess of demand over supply 
– Main function is to move goods from the point of 
production to p[oint of consumption 
– Marketing does not pose a serious problem 
• Production takes place on Mass Scale 
– Production exceeds demand 
– Mass production needs mass distribution 
– Marketing assumes important role 
– Main focus of marketing remains on selling & 
distribution
MARKETING EVOLUTION 
• Affluent economy 
– Customer highly sophisticated 
– His wants take a specific shape 
– Customer wants not “a thing” but “ the thing” 
• Production Orientation changes to 
Sales Orientation changes to 
Marketing Orientation
Organisational Structure Of Sales-Oriented Company 
General Manager 
Finance Personnel 
Administration 
Research 
Development Manufacturing Sales 
Production Purchasing Product Design Industrial Engineering Advertising 
Sales 
Supervisor 
Marketing 
Research 
Salesman Training
Oraganisational Structure Of a Marketing –Oriented Company 
General 
manager 
Finance Personal 
Administration Marketing Manufacturing Research & 
Development 
Production Industrial 
Engineering 
Sales: 
Field Sales 
Customer Services, 
Sales Training 
WareHousing 
& Transportation 
Services 
Marketing research 
Product Planning and 
Development, 
Sales Budgeting, 
Sales Forecasting, 
Advertising Channel, 
Establishment, 
Sales Promotion
MARKETING - IMPORTANCE 
• Major revenue earning of organization 
• Perceptual difference between a Producer 
& Customer wrt functional utility, features, 
service, price etc. 
• Communication gap between producer & 
customer is bridged by Marketing 
• Marketing creates place, time & ownership 
utility 
• Very large employment generation
FUNCTIONS OF MARKETING 
• Setting Objectives 
– These objectives are to be driven from overall 
Corporate objectives. 
– Sales target vs Market share 
– Building a strong Brand Image 
– Carving a niche in the market 
– A set of objectives as against one & hence 
need for priority
MARKETING MIX 
• It is marketing manager’s instrument for 
attaining his objectives. 
• Comprises of 
– The Product 
– Product Pricing 
– Distribution Channels 
– Promotional Activities
PRODUCT PLANNING & 
DEVELOPMENT 
• Ford’s Model T automobile policy 
“You can have any colour you want so 
long as it is black” 
IS NO LONGER TRUE
PRODUCT PRICING 
• Purpose 
– Achieve targeted market share 
– Prevent Competition 
– Stabilize market price of Product 
– Maximize profits 
– Obtain desired ROI 
BUT he has to consider many factors
FACTORS FOR PRICING 
• Cost of production 
• Margins of wholesalers & Retailers 
• Cost of physical distribution 
• Other selling expenses 
• Price of competing brands & substitute products 
• Estimated demand & alternative prices 
• Targeted market share & sales volume 
• Single pricing policy or variable / Discounts
DISTRIBUTION CHANNELS & 
PHYSICAL DISTRIBUTION 
• Institutional structure for making the 
product available to the customer at the 
right place & the right time 
• Consists of own company, wholesalers, 
retailers . Ware housing, transporters. 
Other Intermediaries 
• Selected distribution vs All outlets
PROMOTION 
• The old saying 
“ If a man can write a better book, 
Preach a better sermon’ 
Or make a better mouse trap than his 
neighbour, 
though he builds a house in the 
woods…The world will make a beaten 
path to his door” 
IS NO LONGER TRUE

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Bd purch-pers-mktg

  • 1.
  • 2. Responsibilities Of Purchasing 1.Studying the market and keeping itself abreast of condition supplies,prices,price trends and deliveries. 2. Maintaining a complete record of sources of supply of materials supplies,components,equipments,parts,tools,etc. 3.Advising management on the effectiveness of purchasing policies ,and development of new policies. 4. Developing and maintaining an effective buying service.
  • 3. Purchasing policies 1.Hand-to-mouth Buying. 2.Market Purchasing. 3.Purchasing on Long-rouge Contract 4. Hedging 5.Speculative Buying 6.Upstream Buying
  • 4. Purchasing Practices • Steady-use Items • Big One-shot Items • Middle-sized Purchases • Small Items • Selection of Vendors • Purchase Price • Fair Dealings • Discounts • Value Analysis • Gifts
  • 5. Major Function & Sub Function Of Personnel Management
  • 6. Operating Training Executive Development Determining Organisational needs Planning & Designing Organisational Structure Designing Interpersonal Relationship Chief Personnel Executive Manpower Planning Recruitment Selection Placement Induction & Orientation Transfer Promotion Seperation Organisational Planning & Development Staffing Training Development Part I
  • 7. Chief Personnel Executive Wage & Salary Administration Motivation Employee Services Job Evaluation Wage & Salary Administration Incentive Compensation Performance appraisal Non-Financial Incentives Satisfaction of Social & psychological needs Safety Counseling Medical Recreation Leave, Pension Provident Fund & Gratuity Part II
  • 8. Chief Personnel Executive Employee Records Labour Relation Personnel Research Collection Of data Analysis of data Developing Information For decisions Grievance Handling Discipline Implementing Labour Laws Collective Bargaining Survey Data Collection Evolution of Personnel Programmers Identification Of Need & areas of change Development of More Appropriate Programmers &policies Part III
  • 9. Functions of Personnel management 1.Organizational Planning and Development : I. Determining Organizational Need. II. Designing Organizational Structure III. Designing Interpersonal Relationships.
  • 10. 2.Staffing: I. Manpower Planning II. Recruitment III. Selection IV. Placement V. Induction and Orientation. VI. Transfer VII. Promotion. VIII. Separation
  • 11. 3.Training and Executive Development : I. Operative Training II. Executive Development. 4.Wage and Salary Administration : I. Job Evolution II. Wage and Salary Programme. III. Incentive Compensation. IV. Performance Appraisal. .
  • 12. 5.Motivation : I. Non-Financial Incentives 6. Employee Services : I. Safety II. Employee Counseling III. Medical Services IV. Recreation Canteen and other Welfare Programmes V. Leave , Provident Fund ,Pension and Gratuity Programmes 7. Employee Record :
  • 13. 8.Labour Relations : I. Grievance Handling II. Discipline III.Compliance with Labour Laws IV.Collective Bargaining 9.Personnel Research :
  • 14. MARKETING – Definition - 1948 • The performance of Business activities that direct the flow of goods & services from Producer to the Consumer or User--- American Marketing Association • It ignores important aspect of marketing ie. To Plan & Produce the goods that Customer wants.
  • 15. MARKETING - Definition • Marketing is a Total System of business activities designed to plan,price,promote & distribute want – satisfying goods & services to Present & Potential Customers. • It has many important implications…
  • 16. EVOLUTION of MODREN MARKETING • Evolved over a period of century • Primitive Society – Based on agriculture & handicrafts – Exchange is very limited – Marketing non-existant
  • 17. EVOLUTION of MODREN MARKETING • Early stages of industrialization – Excess of demand over supply – Main function is to move goods from the point of production to p[oint of consumption – Marketing does not pose a serious problem • Production takes place on Mass Scale – Production exceeds demand – Mass production needs mass distribution – Marketing assumes important role – Main focus of marketing remains on selling & distribution
  • 18. MARKETING EVOLUTION • Affluent economy – Customer highly sophisticated – His wants take a specific shape – Customer wants not “a thing” but “ the thing” • Production Orientation changes to Sales Orientation changes to Marketing Orientation
  • 19. Organisational Structure Of Sales-Oriented Company General Manager Finance Personnel Administration Research Development Manufacturing Sales Production Purchasing Product Design Industrial Engineering Advertising Sales Supervisor Marketing Research Salesman Training
  • 20. Oraganisational Structure Of a Marketing –Oriented Company General manager Finance Personal Administration Marketing Manufacturing Research & Development Production Industrial Engineering Sales: Field Sales Customer Services, Sales Training WareHousing & Transportation Services Marketing research Product Planning and Development, Sales Budgeting, Sales Forecasting, Advertising Channel, Establishment, Sales Promotion
  • 21. MARKETING - IMPORTANCE • Major revenue earning of organization • Perceptual difference between a Producer & Customer wrt functional utility, features, service, price etc. • Communication gap between producer & customer is bridged by Marketing • Marketing creates place, time & ownership utility • Very large employment generation
  • 22. FUNCTIONS OF MARKETING • Setting Objectives – These objectives are to be driven from overall Corporate objectives. – Sales target vs Market share – Building a strong Brand Image – Carving a niche in the market – A set of objectives as against one & hence need for priority
  • 23. MARKETING MIX • It is marketing manager’s instrument for attaining his objectives. • Comprises of – The Product – Product Pricing – Distribution Channels – Promotional Activities
  • 24. PRODUCT PLANNING & DEVELOPMENT • Ford’s Model T automobile policy “You can have any colour you want so long as it is black” IS NO LONGER TRUE
  • 25. PRODUCT PRICING • Purpose – Achieve targeted market share – Prevent Competition – Stabilize market price of Product – Maximize profits – Obtain desired ROI BUT he has to consider many factors
  • 26. FACTORS FOR PRICING • Cost of production • Margins of wholesalers & Retailers • Cost of physical distribution • Other selling expenses • Price of competing brands & substitute products • Estimated demand & alternative prices • Targeted market share & sales volume • Single pricing policy or variable / Discounts
  • 27. DISTRIBUTION CHANNELS & PHYSICAL DISTRIBUTION • Institutional structure for making the product available to the customer at the right place & the right time • Consists of own company, wholesalers, retailers . Ware housing, transporters. Other Intermediaries • Selected distribution vs All outlets
  • 28. PROMOTION • The old saying “ If a man can write a better book, Preach a better sermon’ Or make a better mouse trap than his neighbour, though he builds a house in the woods…The world will make a beaten path to his door” IS NO LONGER TRUE