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PERIODICALS PROCUREMENT:
We have dealt with the selection of periodicals. Logically, the next step is procurement of the selected periodicals. Hence, this section is devoted to the planning and procedure involved in periodicals' procurement.
Planning
Procurement has to be planned with due regard to matters like different means of procurement, preparations and arrangement for ordering, like the choice of the method of ordering, and in case of the agency method, the turns and conditions of supply. These points are elaborated below:
Means of Procurement
As in the case of books, the means for procurement of periodicals are the following:
• Gifts/donations
• Exchange
• Institutional membership
• Deposits
• Purchase
Except for the fifth one, these means are common to books and periodicals. Hence, what has been discussed in the context of document procurement has equal application here. You may, therefore, read the relevant sub-sections along with these. Here, we will be discussing the planning and procedure relating to procurement of periodicals, especially by means of subscription.
Impact of demand forecasting on supply chain management
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