10. Using the Key steps of the Basic Purchasing Process, cite an example of an industrial purchase for a raw or packaging component of your choice: -Describe Documents and process to use from when a need is identified after MRP explosion to the point in which a PO is issued -Explain what steps need to happen as the supplier commits to that PO until they get paid -Comment on steps that complete the process and what are some things to look for to understand the efficiency and accuracy of the process you just described

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
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10. Using the Key steps of the Basic
Purchasing Process, cite an example of
an industrial purchase for a raw or
packaging component of your choice:
-Describe Documents and process to use
from when a need is identified after MRP
explosion to the point in which a PO is issued
-Explain what steps need to happen as the
supplier commits to that PO until they get
paid
-Comment on steps that complete the
process and what are some things to look for
to understand the efficiency and accuracy of
the process you just described
Transcribed Image Text:10. Using the Key steps of the Basic Purchasing Process, cite an example of an industrial purchase for a raw or packaging component of your choice: -Describe Documents and process to use from when a need is identified after MRP explosion to the point in which a PO is issued -Explain what steps need to happen as the supplier commits to that PO until they get paid -Comment on steps that complete the process and what are some things to look for to understand the efficiency and accuracy of the process you just described
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