SOURCING DECISION AND ITS EFFECTS ON MATERIAL AVAILABILITY

SOURCING DECISION AND ITS EFFECTS ON MATERIAL AVAILABILITY

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CHAPTER ONE

INTRODUCTION

1.1            Background of the Study

Supplier selection is a procurement planning activity which allows managers to search for and find credible sources of supply that can ensure the availability of materials, equipments, fools, components, protects, consumables, and services at the right price, quantity, at the right tine and place.

 In order to ensure contritely of supply purchasing officers must spend tine and effort in investigating and evaluating prospective sources or suppliers and continuously appraising the performance of current suppliers in order to aund the problem of overstocking, under stocking, or complete non availability of material in the organization.


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