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What good process on purchasing?

Purchasing Processes
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Question added by isameldin mohammed ahmed , purchasing officer&contract specialist , advanced petroleum company
Date Posted: 2014/03/31
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Jahabar Sadiq Ifthikar
by Jahabar Sadiq Ifthikar , Procurement Manager , Compass PMC

The purchasing process at The University of Texas at Austin consists of the following steps:

  1. Define the specifications or scope of work (SOW)
  2. Solicit price quotes
  3. Issue a purchase order
  4. Accept delivery and document receipt
  5. Issue payment

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