Online Cash Generators (tm

Tinue to increase in its recognized importance. If there are many sellers again, and many products to choose from, it will be recognized that buying is not thereby made easier, but in reality more difficult, offering more opportunities for the exercise of the buyer's fullest powers. In the following outline of present-day business practice in the operation of a purchasing department, the position of the purchasing agent as therein set forth is far from that which the importance of his position demands and far from that which it is likely to be in the future when the purchasing agent will have become aware of his opportunities and will have taken advantage of them. If the purchasing agent would occupy, as he may, one of the very highest places in the business organization in other words, if he would capitalize his assets let him begin by classifying and organizing the data he secures in the course of his everyday duties, with a view to putting this knowledge into actual use in the organization. The purchasing department. The chart shown herewith indicates the duties the performance of which comes under the supervision of the purchasing agent. The purchasing department is a subdivision of the production department, and is co-ordinate with, not subsidiary to, the manufacturing department. It is true that in some respects the purchasing department is under control of the works manager. The purchasing agent buys upon requisitions and specifications made out by the manufacturing department, but he is accountable not to the works manager, but to the comptroller or to the vicepresident in charge of production....