Current company Process of purchase

Question

Accepted Answer

Our current company follows a structured process for purchasing goods and services.

We start by identifying the need for a purchase through requisition forms.
Next, we obtain quotes from multiple vendors to compare prices and quality.
After selecting a vendor, we create a purchase order detailing the terms and conditions.
Goods are received and inspected upon delivery to ensure quality and quantity.
Invoices are matched with purchase orders and goods received notes for payment processing.

Accepted Answer

Starting from PR to inquiry, RFQ get - comparision should costing and zero base costing , comparison making - verify techno commercial terms , approval from HOD, Make Po, follow upd and get on time delivery, GRN clearance and payment to supplier

Current company Process of purchase

Popular interview questions of Deputy Manager Purchase