Material Management – Explain procedure of international purchasing


Q1. Explain procedure of international purchasing?

Q2. What are the approaches of price forecasting?

Q3. Write a short note on simplification?

Q4. Which assumptions are implicit in buying strategy?

Q5. Write a short note on bill of lading?

Q6. Describe process of codification?

Q7. Write a short note on negotiation?

Q8. Define: Obsolete, Surplus & Scrap management?