Task 12 : PROCUREMENT PROCESS BUY ( Under purchase order )

 Flow of procurement process

1.       RFG to supplier

2.       Calculate quanity to purchase

3.       Issues purchase requisition

4.       Generate Purchase Order

5.       Send to supplier

Purchase requisition

  

Once raw materials are not available, Purchase Requisition (PR) to approved suppliers/vendors is generated based on the quantity required and quotation given by supplier.

Purchase order

-Evaluation on who should supply raw material must also consider:-

ü  Company policy

ü  Supplier track record

-          Delivery

-          Quality

-The Material controller (MC) must control the amount of excess (extra) bought due to MOQ or standard packing.

-Purchase Order for other than Stock item must refer to the related budget.

ü  Consumables

ü  Office Equipment

ü  Maintenance

ü  Fixed Asset