Operational Excellence > Purchasing

Effective purchasing means getting what is required as cost-effectively as early as possible. Today’s business pressures had build organizations requirement to the need of cut costs, achieving in shorter lead-times, reducing stocks and increase flexibility of operations. Factors like long-term relationships, sustainability, market position and your organization's capabilities came into account and so do planning and vendor rating tools. Purchased goods and services can effects 50 percent of total costs, so effective purchasing management can yield huge profits to the organization.

Effective purchasing means getting what you need as cost-effectively as possible. Many of today's business burdens are, the need to cut costs, achieve shorter lead-times, reduce stocks and increase flexibility - affect purchasing. Factors like long-term relationships, sustainability, market position and your organisation's capabilities come into account and so do planning- and vendor rating tools. Purchased goods and services can account for 50 percent of total costs, so effective purchasing management can yield huge benefits.

THE MAJOR OBJECTIVES OF PURCHASING ARE TO

  • Value and quality of company’s product is to be retained
  • Minimize cash tied-up in inventory
  • Maintaining input and output flows
  • Optimizing the area of the organization in the competitive environment

PURCHASING MAY ALSO INCLUDE

  • Development and analysis of the product specifications,
  • Receipt and alteration of requisitions,
  • Advertising for bids,
  • Assessment of bid,
  • Award of supply contracts,
  • Inspection of good received, and
  • Their appropriate storage and release.

There is no single, simple formula for excellent purchasing. The commercial purchasing role is different from the call-off role; the role of purchasing investment projects differs from its role in bulk industry companies. Buying services vary from buying materials. Buying on spot markets has different dynamics from buying futures. Purchased goods and services can account for 50 percent of total costs, so effective purchasing management can yield high benefits.

What Rajput Jain & Associates Offers

Rajput Jain & Associates have knowledge of the purchasing role and the different characteristics and factors affecting a purchasing department. Our expertise and large experience in many industries and business processes will help you to advance your purchasing processes and organization.

Happy Customers

200+

Projects Completed

550+

Serving Since

2009

Contracts Signed

700+

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Rajput Jain & Associates

India's Largest Business Services Platform

Rajput Jain and Associates is the largest online service platform in India which provides easy solutions in starting their new business at affordable cost. We aim at helping the entrepreneurs at every legal and regulatory step. We stay as your partner during entire business cycle and ensure that the business keeps prospering and remains complaint.

Rajput Jain and Associates is a network of experienced chartered accountants, lawyers, company secretaries, cost accountants, financial experts, expert bankers all over India to provide the needed services for small and medium size enterprises.

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  • Thank you very much for all your help in setting up my new company and clearing up all outstanding business in my sole trader accounts. For the first time in years I have peace of mind regards my business accounts. Your workforce are a credit to you, the girls at reception are so helpful and Chris has been brilliant. It is very much appreciated.

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  • Rajput Jain & Associates. are a tremendous value added to me as an executive and a busy parent. It just makes sense to delegate my tax file to them -- they are proactive, extremely service oriented, and most importantly, I am completely confident they are finding every dollar of tax savings available to me.

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  • We use Rajput Jain & Associates for all our accounting, Corporation tax, VAT and other compliance needs. The service is professional, courteous and prompt. I would recommend Rajput Jain & Associates to any company requiring a comprehensive accounting and tax service.

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Clients we are serving

​Just to name a few; we serve 300+ clients across the Globe

  • sahara

    transpole

    sahara shop

    honda

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    homestead

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    travel unravel

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    girivar

    client1

    twenty 47

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  • sea air

    india dreams

    hnk

    food mart

    ruhils

    support our heros

    af enterprize ltd

    brezzer

    cybersons

    wave agro

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  • varinda eco garden

    ginkgo

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    agribusiness

    indian potatos

    divine healing

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Rajput Jain & Associates

Add: P-60, Connaught Circus, Connaught Place, New Delhi-110001

Email: singh@carajput.com

Phone: 9555555480

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The information contained on this website merely provides details of our firm to persons who have shown interest in knowing more about us and is not intended to solicit work or advertise our capabilities in any manner. The information provided on this website is general in nature and should not be used as a basis of decision-making without further professional advice. The third party site links are only provided for ready reference of the users and CA Rajput Jain & Associates neither controls their content nor undertakes any responsibility regarding them.

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