1. To establish a buying standard for a particular commodity for an establishment.
2. To inform the supplier in writing
3. To establish common denomination between the purchasing officer and the approved
supplier for setting the price of a commodity.
4. To inform the receiving clerk and the store man what to accept
5. To obtain a standard product for production and selling department.
6. To obtain a standard product so that the measurement of performance of department can
be more accurate.
NatalieR answered the question on May 12, 2022 at 13:43