Presentation on Purchase and payable management

1. Presented By:-Audumbar Pachkawade
Grupo Antolin Chakan Private Limited,Chakan, Pune
Project Guide:-Prof.Ratikanta Ray
NitinKatke(Asst. ManagerPurchase)

2. • 1)To study the purchasing procedure in
details of the material purchase.
• 2)To study the existing as we as potential
vendors and the terms of payment.
• 3)To evaluate the financial implication of
payable period.
• 4)To suggest the ideal vendor for the company
to reduce the lead time and to avail maximum
credit period.

3. • Name:- Grupo Antolin Chakan Private Limited
• Compny Type:-Private
• Establishment:-1950,Burgos,Spain,(19 Sep
2008,Chakan)
• Sales Revenue:- 3506 Euros Million
• Profit After Tax:- 155.31 Euros
• Key Persons:-Jesus Pascual(CEO)
BiswaRanjan Mohanty (Plant Head)
• Product:- Automobile Component

4. • Research Methodology is a way to systematically solve the research
problem.
• In research methodology researcher always try to search the given
questions systematically in his own way and find out all the possible answer
till conclusion.
• Research methodology includes the following steps :-
1)Statement of the Problem:-
• “Purchase Procedure And Payable Management”
• 2)Type Of Research:-
• Descriptive Research
• 3)Methods Of sampling :-
• Non Probabability sampling:-Convenience Sampling

5. • 4)Sample Size:-
• 3 Months Purchase and Payable Report
• 5)Research Tools:-
• a)Data Collection tools:-
• Pie Chart
• Bar Diagram
• Percentage
• B)Data Analysis Tools:-
• Interview
• Observation

6. • 6)Data Analysis And Data Interpretation
Purchase Procedure of the company.
1) Requisition For Purchase
2) Supplier Selection
3) Requirement share to Supplier
4) Quotation Submit
5) Negotiation and Sample Approval Procedure
6) Vendor Creation
7) Purchase Order Release
8) Payment as per PO Payment Terms

7. Extension of payable Period how effect on
company's working capital.
Vendors Comparison statement for best
supplier to the company.

8. • 1)The Purchase order generation procedure and
Purchase order generating policy.
• 2)Vendor selection is made through competitive
bidding.
• The Payment scheduling and aging of the vendor are
made on the basis of no. of days given by the
respective vendors as well as volume of the material
supply by them.
• The Prompt Payment made to vendor is based on the
percentage of discount made by them.
• The optimization of working capital is ensure through
extension of payable period.