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PLEASE HELP 5. Explain the outcomes of a goods receipt step of the procurement process. 6....

PLEASE HELP

5. Explain the outcomes of a goods receipt step of the procurement process.

6. Explain the outcomes of the invoice verification step of the procurement process.

7. What is a distribution chain? How is it relevant to the fulfillment process?

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Answer #1

Answering only the 1st Question as per Chegg policy.

5. Explain the outcomes of a goods receipt step of the procurement process.

Answer: The outcomes of a goods receipt step of the procurement process are as follows:

1. It acts as evidence to the procurement

2. It helps in the easy upkeep of the accounts

3. It helps to forecast for the next time period

4. It helps to detect any fraudulent activity

5. It helps to compare across various vendors.

6. It even helps in analyzing the economic order quantity for efficient procurement.

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