PURCHASING
Purchasing is the function of acquiring desired products and services.
Standards for - quality
- quantity
- price
THE MARKET
Market :
-Marketing channel => that the food processing and distribution system, beginning with the grower of raw food products and ending at the final consumption
-Primary market=> basic source of food supply
-secondary market=> that product accepted from the primary market and distributed to buyer
-broker=> serves as a sales representative for single manufacturer
- Market regulation : U.S. Food and Inspection Program
=> Interstate commerce : financial transactions (buying and selling goods) carried on between states
=> Intrastate commerce : financial transactions (buying and selling goods) carried on within state boundaries
- U.S. Department of Agriculture (USDA)
- Food and Drug Administration (FDA)
=>Misbranded
=> Standards of identity
=> Standards of quality
=> Standards of fill
- National Marine and Fisheries Service
- U.S. Public Health Department
- Environmental Protection Agency
- Department of Treasury
- The art negotiation
- Ethics in purchasing
- type of purchasing
=>Centralized purchasing
=> Group or cooperative purchasing
METHODS OF PURCHASING
- Informal /open market buying
- formal competitive bid buying
- Advantage and disadvantage
- Competitive bidding variations
- Variations on methods of purchasing
=>cost push purchasing
=>prime vending
=>blanket purchasing Agreement
=>just in time purchasing