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Administration Manual - B.E.S.T. Undertaking.

Administration Manual - B.E.S.T. Undertaking.

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Sr.<br />

No.<br />

Designation &<br />

Grade<br />

Asst. General<br />

Manager<br />

(Materials)<br />

A-1 (Sr.)<br />

No. of<br />

Posts<br />

1<br />

Duties & Responsibilities<br />

AGM(M) is the Head of Materials<br />

Management Department and is responsible<br />

for purchases, storage and issue of all types<br />

of materials required by the <strong>Undertaking</strong>.<br />

The following functions are highlighted:<br />

i) Forecasting of demands, determination of stock levels and<br />

recoupment levels applicable to all purchases from time<br />

to time after studying the past market position and<br />

planned policies of the Management.<br />

ii) Cost avoidance and cost reduction in purchases<br />

iii) Reduction in inventory and improving service level.<br />

iv) Initiating the policy on authorization of purchases and<br />

selection of suppliers.<br />

v) Controlling the system on reporting of quantity and quality<br />

of materials.<br />

vi) Ensuring proper maintenance of records, showing<br />

authorization of the purchases, placing of orders, follow<br />

up of delivery schedules, inspection, receipt and<br />

accounting of materials purchased, payment to suppliers,<br />

liquidating advance payments, etc.<br />

vii) Avoidance of cases of double payment or over payment<br />

by being vigilant at various stages of payment.<br />

viii) Ensuring payments, according to the agreed payment<br />

rates/terms<br />

ix) Review of cases of over-stocking and<br />

stoppage of work due to materials out of<br />

stock.<br />

x) Ensuring deliveries from suppliers, according to<br />

schedules, levying of penalty in case of delayed supplies<br />

and waiving of penalty in case of genuine suppliers.<br />

xi) Handling cases of risk purchases.<br />

xii) Acceptance and refund/forfeiture of Security<br />

Deposits/Earnest Money Deposits against various tenders.<br />

xiii) Registration of suppliers, renewal of registration after<br />

scrutiny of the Performance Report of the registered<br />

firm, cancellation of registration, refund/forfeiture of<br />

Permanent Security Deposit.<br />

xiv) Awarding contracts, according to powers delegated from<br />

time to time.<br />

xv) Sanctioning of leave, according to the powers delegated<br />

from time to time.<br />

xvi) Organization of work in the whole department and laying

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