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Volume : I, Issue : III, April - 2011 Effectiveness of Procurement Systems of the Colleges B. D. Karhad DOI : 10.9780/22307850, Published By : Laxmi Book Publication Abstract : Effectiveness is the extent to which an activity
fulfils its intended purpose or function. Whereas, the Cost
effectiveness is giving the most profit or advantage in
exchange for the amount of money that is spent.
Things are changing; increasing awareness that on
average, a manufacturing company spends 50 to 60 percent
of its revenues to buy materials and supplies has made
procurement function a promising area to hunt for facing
global competitiveness. This fact has been already realized
by some of the progressive companies in India and they have
started placing best people in their purchasing functions. Keywords : Article : Cite This Article : B. D. Karhad, (2011). Effectiveness of Procurement Systems of the Colleges. Indian Streams Research Journal, Vol. I, Issue. III, DOI : 10.9780/22307850, http://oldisrj.lbp.world/UploadedData/113.pdf References : - Babbage, C., On the Economy of Machinery and Manufactures, London, Charles Knight, Second edition, 1832, p. 202.
- Dinsmore, JC, 1922, 'Procuring: Principles and Practices,' Englewood Cliffs, New Jersey, Prentice-Hall, Inc., 295 pages.
- Gulati, S., The Chartered Accountant, New Delhi, January 2003.
- Harold, AW, 1905, 'The Fine Art of Buying,' The World's Work, Vol. X July, p. 6439.
- Jandhyala, B. G., Analysis of Costs of Education in India. Occasional Paper, National Institute of Educational Planning and Administration, New Delhi. 1985
- Jhamb, LC., 2005, 'Materials and Logistics Management', EPH, fifth edition 2003
- Krishnaswami, O.R., Ranganathan, M. Methodology of Research in Social Sciences, Himalaya Publishing House
- Mathew, E. T., Higher Education in North-East India, Unit Cost Analysis, New Delhi, Mittal Publications., 2006
- Mathew, E.T., Financing Higher Education- Sources and Uses of Funds of Private Colleges In Kerala.
- Mitchell, WN, 1927, 'Procuring' New York, Ronald Press Company, 385 pages.
- Murphy, DJ, 1996, 'Evaluating performance of the procuring department using data envelopment analysis', Council of Logistics Management.
- Murphy, HD, 1924, 'The Fundamental Principles of Procuring', New York, Procuring Agent Company, Inc., 83 pages.
- Newman, D, 2005, 'How is procurement strategically important to an organization?' Summit Group, Provided by ProQuest Information and Learning Company
- Shukla, C., Reforms in Higher Education, Sumit Enterprises
- Twyford, H.B., 1925, 'Procuring and Storing,' Factory Management Course, Vol. IV, New York: Industrial Extension Institute, 435 pages.
- http:/www.univpune.ernet.in.indexout.htm
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