A business requires various types of goods and services as its input. For a manufacturing unit, a lot of raw [...]

To facilitate proper coordination of purchase process, purchase department needs a Purchase Requisition for every purchase they are told to [...]

• For every occasional purchases of a significant value, a quotation is received from the supplier. • Generally, to have [...]

• Many a times, particularly in Export-Import business, before sending the goods, the seller sends an abridged or estimated version [...]

• To streamline the purchase process, a standardized Purchase Order (PO) should be issued by the buying company. • A [...]

• The company should process payments against purchases in a timely and systematic manner. • The internal processes of the [...]

To ensure regular supply of quality materials at the most competitive rates is the basic purpose of the purchase department. [...]