Please select the correct order of operations from first to last in the procurement process: PAy for goods Reciee the invoice (3-way match) Create bill of material Recieve the goods Create the invoice Issue a quote Create the purchase order
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Please select the correct order of operations from first to last in the procurement process:
PAy for goods
Reciee the invoice (3-way match)
Create bill of material
Recieve the goods
Create the invoice
Issue a quote
Create the purchase order
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- From the viewpoint of the buyer, a business form prepared by the seller that lists the items shipped, their cost and shipping terms is a(n) invoice purchase order purchase requisition sales requisitionKnowing how to use the ABC analysis, make up a list of 10 items in a stores inventory, then decide which 10 items sold at the store would constitute 80% of the revenue and create a Word document using the ABC analysis.You are the managing Director of Mediconsult, a medical supplies company, located at Tema. Due to the COVID-19 pandemic, your regular import of supplies has been cut by half. As a result, you are unable to meet the demands of most of your clients. Write a letter to the Procurement Director of Abala Hospital, Spintex Road, to inform her of your inability to supply her company's request for face masks.
- Documents including a bill of lading, sales invoice, credit memos, remittance advice, and monthly statements to clients describe and clarify their role in the sales and collection process."Merchandise, raw materials and in-process or finished goods" is the Building and Personal Property Coverage Form's (BPP) definition for which one of the following? Stock Inventory Contents Business personal propertyFOB retailer means: -the vendor pays the transportation charges to the retailers store or warehouse -the retailer pays the shipping charges - the vendor pays the shipping into the country -the retailer pays the shipping only until it enters into the counrty
- Procurement costs do not include: A. Issuing purchase orders.B. Setup costs.C. Purchasing costs.D. Receiving goods and placing them into inventory.There are companies that import and export flowers worldwide. It is one of the very competitive businesses in the world. “Fresh Phool Co.” is an international flower company working in Pakistan. It has received a significant order inquiry for fresh Roses from Bangladesh. What incoterm will the Fresh Phool Co. be settling with the buyer? Give reasons for your incoterm selection. (Note: Select only one incoterm that you recommend is the most appropriate. Highlight the interest and concerns of various stakeholders while discussing that incotermHi, my name is Nicole and I need your help urgently! I saw a puppy on facebook which I saw advertised through a mutual friend. The seller asked me to pay £3000 upfront to hold the puppy, which I was ok with as I have done my research and the breeder said they had a KC Registered certificate. So I have sent the breeder £3000 via bank transfer last week. I was meant to pick up the puppy today and when I checked the breeders address on Facebook they no longer exist! (**crying**) I can’t pay for my bills or buy food for the kids because this was the last of my money this month. (**angry**) You and Monzo need to protect me against scams like this! I want to raise a complaint to get all my money back straight away! what would be the best response to this scenario? what solutions would you give to this person?
- Prior to accepting a customer’s order, a company should verify the amount of inventory on hand. Which of the following is not a reason to do this? Determine whether inventory records are accurate. Ensure accuracy of inventory records by reducing the amount by items order. Identify which products should be ordered from suppliers. Communicate to the customer when shipment will be sent.Which of the following activities are required in the pre-award phase of the procurement process? a. Expediting, reviewing progress and processes b. Reviewing quotations, gaining authorization and placing orders c. Identification and description of the needs d. Assessing supplier performance and checking invoice details if required.Define the term Independent Demand and explain how it relates to the salesand marketing activity of firms. Explain the benefits of accurate estimationof future Demand within the context generating a reliable production plan