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Purchasing and Supply Chain Management Notes

Institution: Kenya Institute of Supplies Management

Course: Purchasing and Supply Chain Management

Content Category: Lecture Notes

Posted By: 33434318

Document Type: PDF

Number of Pages: 50

Price: KES 200
 
    

Views: 2263     Downloads: 37

Summary

These notes have been designed to students pursuing certified procurement and supplies chain management a course offered by Kenya Institute of Supplies Management, this being the body regulating purchasing professionals in Kenya it therefore has the mandate to train its members on the current procurement law and trends.

PROCUREMENT OF GOODS, SERVICES AND WORKS
Definition
Goods- Goods are items that can be seen and touched tasted or felt. Goods are tangible objects that satisfy people's wants

Services- SERVICE is an action that a person does for someone else

Professional and non professional services
Professional services are occupations in the tertiary sector of the economy requiring special training in the arts or sciences. Some professional services require holding professional licenses such as architects, auditors, engineers, doctors and lawyers normally called consultancy services Non professional services include cleaning, security transport catering etc
Works - works is a mixture of service or labor and transfer of goods. Under a works contract the contractor agrees to do certain job in execution whereof, certain goods are transferred to the contractee. Thus, an agreement of building construction, manufacture, processing, fabrication, erection, installation, repair

Characteristics of goods and services
The major distinctions between goods and services are as follows:
• Goods are tangible, services are intangible: therefore, services cannot be measured, weighed or otherwise inspected: an SLA is usually needed.
• Services cannot be separated from their supplier: goods can be delivered and stored before they are required, whereas, services are produced and consumed simultaneously.
• Heterogeneity: goods are usually uniform in nature while services are unique at each delivery because the personnel and circumstances are always different, making them difficult to =standardize‘. .................................


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