أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
Procurement Process is as below
1. Purchase Requisition (PR) or Material Requisition (MR) shall be prepared and approved by concerned authorities.
2. Approved PR or MR along with required shipping details shall be send to the approved bidders or vendors. This is called as Request For Quotation(RFQ). An RFQ close date shall be also mentioned while sending the RFQ to the bidders or vendors.
3. After getting the quote from approved bidders or vendors within the bid closure date then it can be declared that the bid was closed and this information shall be given to all the bidders or vendors to whomever the RFQ send earlier.
4. All the RFQ datas shall be compiled and send for Technical Bd Evaluation (TBE). Here all the technical parameters were evaluated and will choose the sucessful technical bidders.
5. Final best price shall be obtained from all the sucessful technical bidders. Here, shipping date is more important which should not affect the project plan. Which bidder falls under L1 (Lowest 1) category for that bidder notification shall be send along with detailed terms and conditions. If that bidder agrees , then formally an Purchase Order (PO) shall be issued and both parties shall sign in that document.
Purchase Requisition - Request for Quotation - Purchase Order
Option B.
First purchase requisition is made followed by RFQ then issuing PO from the selected RFQ.
we need to receivw PR first and based on the PR will make RFQ,once we receive the quotation then will release Purchase Order-PO
B.purchase request-receipt of quotation-purchase order
B.
You receive PR first , then you release RFQ to get the best quotation, then you proceed with PO issuance.
The answer is B. i.e PR - RFQ - PO
Its option B, first we receive Purchase Request, then we release Request for quotation to get the best quotation, then we proceed with Purchase Order.
B. PR (purchase requisitions) - RFQ (request for quotation) - PO (purchase order)
PR is created by the department having the requirement.
RFQ is processed based on the PR and sent to Vendor's for the quote.
Best Vendor quote is converted into PO
B. is correct answer that is PR-RFQ-PO
