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Provide a brief introduction on all steps involved in Procurement process?

1. Purchase requisition or purchase Indent.
2. Floating the purchase enquiry/tender.
3. Receiving quotations.
4. Opening the quotation, tabulating and analysing.
5. Short listing promising vendors/suppliers.
6. Technical evaluation.
7. Commercial negotiation.
8. Purchase order release.
9. Pre-delivery inspection.
10. Check deliveries, installation testing and commissioning.
11. Certification of supplies.
12. Payment for supplies.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M9586543

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