Flashcards
PURCHASING
Flashcards do conjunto (6)
- 1PURCHASINGThe process of how good and services are ordered.
- 2ProcurementProcess of selecting vendors,
negotiating,
establishing payment term
strategic vetting
negotiating contracts
strategic selection of goods and services. - 3PROCUREMENT PROCESSNeed recognition
specify need
source/examine suppliers
price & terms
Purchase order
Delivery
expediting
receipt & inspection
invoice approval and payment
record keeping - 4Purchasing processIdentify need
Identify user requirement
evaluating a need
identify suppliers
ensure payment occurs promptly
ascertaing that the need was met
driving continuos improvment - 5Purchase requisitionWhen internal customers identify their need for a product & service and communicate to the purchasing department when and what is need.
- 6PURCHASE ORDERformal contract to purchase good and services.
Informações
- Descrição
- Business/Economics FlashCards sobre PURCHASING, criado por stef ross em 18-02-2018.
- Criado por
- stef ross · fev 2018
- Atualizado
- 18 fev 2018
- Visualizações
- 1
- Avaliação