What is the basic difference in Procurement and Post ordering

Question

Accepted Answer

Procurement is the process of acquiring goods or services, while post-ordering involves activities after the order has been placed.

Procurement involves identifying the need for goods or services, selecting suppliers, negotiating contracts, and placing orders.
Post-ordering involves activities such as tracking the order, receiving and inspecting the goods, processing invoices, and resolving any issues that may arise.
Procurement is a proactive process, while post-ordering is reactive.
Example: Procurement involves researching and selecting a vendor to provide office supplies, while post-ordering involves receiving and inspecting the supplies to ensure they meet the required specifications.
Example: Procurement involves negotiating a contract with a construction company to build a new office building, while post-ordering involves tracking the progress of the construction and resolving any issues that may arise.

Accepted Answer

Procurement- Ordering on the basis of sales &consumption.

Post Ordering- Ordering once the PO is received from the customer.

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