Procurement Management

1. Overview of Procurement Management

a. Definition and contents of procurement

-Purchase the most suitable item for the purpose
-Purchase to meet the required delivery
-Purchase from an excellent vendor
-Select an effective transportation method  to avoid waste
-Purchase at a minimum cost

b. Procedure of procurement activities

-Planning procurement
-Purchasing
-Management after purchasing

c. Procurement information management

-Document control
-Utilization of the computer system

d. Risk management

-Cost related risks
-Technical risks
-Lead time risks
-Computer risks
-Other risks

2. Overseas Procurement Management

a. Motivation of overseas procurement

b. Problems and countermeasures in overseas procurement

-Problems in communication
-Higher in cost than domestic product
-Difficulty in finding a suitable vendor
-Low reliablity because of frequent delay in delivery
-No price discount available

c. Organization for overseas procurement

d. Routes of contracting with overseas vendors

3. Materials Management

a. Overview of materials management

-Objectives and overview of materials management for a project

b. Materials management in procurement

-Determination of ordering time and purchase quantity
-Delivery control

c. Materials management in construction

-Stock management
-Replenishment