Question
What are important steps in procurement life cycle?
Answers
Procurement Process starts with gathering requirements, then creating a purchase requisition and then we create a formal document that has to be sent to vendor i.e. purchase order. After this goods will be supplied by vendor and goods receipt is done along with invoice verification. Then vendor is paid for supplied goods and services.   Your Comment




  • Contributors: *,
More Management Questions..
What is software configuration management?
What is the difference between cost accounting, management accounting and financial accounting?
What is channel management?
Explain importance of Brand Management
What is Ediint ?
What are the different types of security services involved in infrastructure management?
Which oracle package is used to manage the oracle lock management services?
What do you mean by drill mode?
what is master data harmonization ?
what is the formula to get to 'labour efficiency variance'?
How would your co-workers describe you?
Explain "Obtain Message First, Then Process Data" ?
Name the tasks of universe designer.
How have you improved the capabilities of people in a team you have managed?
what is discount cash flow management?
Have you ever conducted staff training or done presentations?
Tell me about the password management in miis (microsoft identity integration server)?
What is the role of channel manager?
What do you mean by committee organization?
If the end user’s travel location is not in the system. What do we often recommend?


Search
Can you Answer!!
  • Q Which command in DOS can be used to recover accidentally deleted files?
  • Q What is the rank of U.S.A. in terms of area in the world?
  • Q What is the secure hash algorithm (sha and sha-1)?
  • Q What are immunoglobulins?
  • Q What are the total number of lines written in C/C++?
  • Q What is Trafigura interview process? or recruitment & selection process?
  • Q Erected in 1792, this grew on to become India's first modern observatory. Sailorsuveyor-astronomer Michael Topping came here with his instruments in 1785. Which city are we referring to?
  • Q Business magazine Forbes has released its list of the world's richest women. Who is the only businesswoman of India who could get a place in this list ?
  • Q Which Indian sportsperson has won silver at 2017 Eden World Women Snooker Championship?
  • Q Why don't you join the B-school in your college since your college has an MBA school too?
  • Q What is the use of event time out?