Logistics, Section 2.2 , The Fundamentals of Purchasing

Grade 11 Applied girls
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businessSecondary Education

This lesson contains 30 slides, with interactive quizzes and text slides.

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Grade 11 Applied girls

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Section 2.3 
The Fundamentals of Purchasing

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Lesson Objectives
1. We will learn the concept of fundamentals of Purchasing
2. We will learn the responsibilities of companies for various groups

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Which are the types of Incoterms you learnt ?

Slide 4 - Open question

What is the fullform of CIF?
A
Carriage and insurance Food
B
Carriage and Insurance Freight
C
Both
D
None

Slide 5 - Quiz

What is the fullform of FCA?
A
Free costa
B
Free charger
C
Free Carrier
D
All

Slide 6 - Quiz

What is the fullform of EXW?

Slide 7 - Open question

Fundamentals of Purchasing
Another area you can consider in transport are the "fundamentals of purchasing". This can mean different things to different people or companies. However, in business studies, they refer to the responsibilities that companies have to various groups. For transport companies this could be:

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Continuee
• following rules on human rights (such as workers' rights to pay and rest)
• following health and safety rules for transport workers
• using green transport (see Chapter 1)
• following all national and international laws around transport

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Continue
They can also focus on the responsibilities to consumers, including:
• reliable delivery (no lost goods)
• delivery done within an agreed time

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What did you learn today?

Slide 11 - Open question

Workbook activity 2.2.1

Let us do now workbook activity
Download from teams Chat

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Section 2.4 The five stages of Supply chain
1. Plan
2. Source
3. Make
4. Deliver
5. Return

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Which are the five stages of supply chain

Slide 14 - Open question

1. Plan
• Plan: understanding how much material/product you have, and how much you will need to source or make.

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2. Source
• Source: finding companies to provide the materials/products we need.

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3. Make
• Make: manufacturing (making) our products - turning the materials we source into goods that we sell.

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4. Deliver
• Deliver: transporting the goods to retailers or customers.

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5. Return
• Return: preparing for some goods to come back - maybe because they are broken or poor quality.

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Manufacturing products means which stage of supply chain ?
A
Source
B
Plan
C
Make
D
Deliver

Slide 20 - Quiz

Preparing for some goods to come back means ?
A
Deliver
B
Return
C
Plan
D
Make

Slide 21 - Quiz

Understanding how much product you have
A
Plan
B
Make
C
Deliver
D
Source

Slide 22 - Quiz

Finding companies to provide material
A
Plan
B
Source
C
Make
D
Deliver

Slide 23 - Quiz

Activity time
Let us do now activity on Quizlet

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Section 2.5 Sources of Logistics Information
•1. Government bodies - certain parts of the government will give guidelines for logistics and transport

 
• 2. Professional bodies - professional institutions who provide guidelines to logistics companies

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industry bodies - groups of senior businesspeople who can provide general support for an industry

websites and journals of logistics information

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Sources of logistics
information

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You could also consider manufacturers as a source of logistics information. Manufacturers could give information on:
• packaging and labelling
• health and safety
• environmental rules
• insurance

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Manufactures can give information on :
A
Labelling
B
Packaging
C
Insurance
D
All

Slide 29 - Quiz

How many factories are operated in UAE ?
A
6100
B
5000
C
6300
D
6700

Slide 30 - Quiz