Question

Order the following purchasing process tasks in order from the start (1) to the end (7). Determination by Purchasing to fulfill internal customer needs with a supplier the firm already has an existing contractual relationship with, or approach a new supplier that is not currently qualified to provide products and services to the firm. The physical transmital of the purchase requirements involving the shipping and receiving processes requiring several important documents. Review of the spending pattern of the organization and prepare a forecast of what will need to be purchased. Making a record of critical events associated with the purchase is entered into a supplier performance database. Cumulating records over an extended period of time helps Purchasing to identify trends or patterns in supplier performance. Issuance of authorization from Purchasing for the product or service. to be purchased. Payment made through the firm's organization's accounts payable department. Communication to Purchasing from internal customers identifying what products or services they need and when they will need them.

Answer 1

1 2 3 Order of Purchase Process Review The spending pattern of the organisation and prepare the forecast of what will need to be purchased Communicating to purchasing from internal customer identifying what product or services they need and when they need Determination by purchasing to fulfill internal customer needs with the supplier the firm already has an existing contractual relationship with or approach the new supplier that is not currently qualified to provide product and services to the firm Issurance of authorization from purchasing for the product and services to be purchased The physical transmital of the purchse requirementinvoling the shipping and receving processes requiring important documentation Payment made through the firms organization accounts payable department Making a record of critical events associated with the purchase is entered into the supplier performance database. Cumulating records over an extended period of time help purchasing to identify trends and patterns in suplliers performance. 4 5 6 7