This book is based on a critical study on the existing purchase procedures and practices of the company and suggest reforms to enhance service level of the purchase department and its customers. This book covers various topics in-depth such as various departmental structure, functions of various modules of Enterprise Resource Planning software i.e. ERP LN FP-2, MRP, BOM, make or buy decisions, purchase specifications, price evaluation system, proforma invoice, purchase order, quality inspection, goods receipt note, letter of credit, source management, price analysis, cost analysis and value engineering. It provides readers with in-depth knowledge, understanding and required skills to give their best performance in purchase domain. Extensive use of flow charts, dummy formats, and organization chart helps the readers in understanding the topic or subject in easiest way. The book coverage is aimed at benefiting both potential research users as well as those who wish to consider purchase management as a career.