Purchasing and Sourcing Processes

Start with sourcing

The Sourcing flashcards introduce stages of the sourcing process, supplier appraisal and supplier pre-qualification. They also list appraisal factors such as capability, capacity and cash resources. Start by reading through the cards, then use the factors as prompts to explain what you remember.

Next, try Ten Ways of Making Small-Dollar Buys. This deck covers approaches including blanket orders, electronic ordering and procurement cards. Compare the approaches listed on the cards with the purchasing methods shown in the Purchasing process mind map.

Follow the processes

The Purchasing process map shows different purchasing methods, including business credit cards and petty cash. The Purchasing Process offers another view, with objectives such as supporting operational requirements and managing the process efficiently. Use the maps to organize your notes around methods and objectives.

There are also two maps called Supply Processes and Technology. One introduces the supply management process, while the other lists reasons for developing a robust process, including the need for an audit trail. A flowchart on raw materials and trade products shows inputs, stock and replenishment list generation.

Use the quiz and maps

The page includes a leadership quiz. If leadership is relevant to your study, take it alongside a map and note any ideas you want to explore further. The quiz and maps do not necessarily cover the same material, so choose a map based on the process you want to study.

Connect your study

Purchasing and Sourcing Processes is a section of the Procurement, Purchasing and Sourcing unit in Logistics and supply chain. Use the resources here to work through sourcing and purchasing processes, then return to the unit when you are ready to continue. Choose a map and follow its ideas alongside the flashcards.