purchasing Flashcards
PURCHASE ORDER
It is the document by which the buyer requests goods from the seller. In this way, what we do is document our product needs.
PURCHASE PROCESS
- NEED SOMETHING
- SELECTION OF SUPPLIER
- REGISTER OF THAT SUPPLIER
- MAKE AN ORDER (PURCHASE ORDER)
- APPROVE THE PURCHASE
PURCHASE DEPARTMENT
Occupies a unique position due to its importance within an organization, because purchasing is one of the keys to the success of a modern production company or business that bases its work on a continuous flow of suitable materials that will be
delivered efficiently
function and organization of the purchasing department
liaison body that operates between the factory and its external suppliers.
Purchase planning
This implies a choice, for example, between the purchase of a semi-finished product or its production within the company.
The management of the reception of the material and its storage
The administrative management of what is received, for example, the control of the documentation that accompanies the goods, etc.
The ability to standardize and simplify purchasing management
Includes the analysis of the value of what is purchased.
Material handling
A constant control to see if what we have acquired meets the real needs of the company and if not, the possibility of initiating corrective actions
Minimizing the cost of materials
Material supplies of the desired quality will be purchased when necessary and at the lowest possible cost.
The identification of new sources of supply
You should always have a range of possibilities for large purchases whenever the need to resort to new suppliers arises.