Collecting Cost Data──Material Cost Records──Labor Cost──Job Cost──Comparative Cost Records──By─Products──Production Records──Controlling Accounts MACHINE─SHOP MANAGEMENT _By Oscar E. Perrigo_ Page 193 Methods of Modern Manufacturing──Organization of Manufacturing Plant──Official Communications──Successful Management──Shop Methods and Records──The Employment Agency──Time Keeping──Time Cards──Paying Employes──Production Orders──Plant Orders──Storing and Issuing Stock and Materials COST─ANALYSIS ENGINEERING _By R. T. Dana and H. P. Gillette_ Page 251 The Science of Management──Subdivision of Duties──Cost Getting──Punch─Cards──Cost Distribution──Process Cost Subdivision──Output──Checking up Charts──Cost Reduction──Bonus System──Labor Saving Devices──Chronological Charts REVIEW QUESTIONS Page 319 INDEX Page 331 [Illustration: SHOP OFFICE, WESTERN ELECTRIC COMPANY, NEW YORK CITY] PURCHASING AND STORES DEPARTMENT PURCHASING DEPARTMENT =1.= If the old axiom, "Goods well bought are half sold," holds true, the purchasing department may well be considered one of the most important in any business. In referring to the purchasing department we have in mind that department, or division of the business, whose duty it is to attend to the buying. In a large industrial enterprise this may mean a department headed by a purchasing agent with several assistants; in a department store, the buyers for the several departments; in a small retail business, the member of the firm who buys the goods. No matter whether the department be an extensive one, or one requiring but a part of the time of one man, the principle is the same. Perhaps no other head of a department has greater need of complete information and systematic records of his department, than does the buyer. A man may have every qualification for a successful purchasing agent, but, unless he has the most detailed information to aid him in judging qualities and prices, his cannot be considered a successful department. On the other hand, many a man, with no other qualification than common sense, has built up a most successful purchasing department because his work was thoroughly systematized. We will consider the purchasing department from two standpoints: The _information required_, and the _routine work_ to be performed. Under the first head the requirements may be stated as: 1. List of dealers. 2. Full information about lines carried by each dealer or manufacturer. 3. Records of special quotations. 4. Information about qualities supplied by various dealers, to be obtained from records of past purchases. LIST OF DEALERS