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A Study of Procurement Management System (MBA IT/System)

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MBA Project ID: 580
MBA Project Name: A Study of Procurement Management System (MBA IT/System)
MBA Category: MBA Systems/IT
Project Abstract:
Procurement Management is supposed to be a very important department to material management in organization. Purchase staff has to manage various vendors and external agencies and thus they represent their organization’s reputation to the large World. They are responsible for negotiating and then finalizing big deals. A one percent saving in materials coast is equivalent to a 10 percent increase in turnover. Efficient buying can achieve this. Drive supplier collaboration, strategic cost savings and margins, better manage spend and build partnerships with suppliers for competitive differentiation. The scope of the study is: the empirical study conducted is focused on inventory management specially on procurement; the survey is restricted to procure management system on manufacturing industries particular to ABCD Labs Pvt Ltd.
Project Report: 64 Pages
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