ENTREPRENEURIAL OPERATIONS
PRODUCTION PLANNING AND CONTROL
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
When the Procurement staff has found 1 supplier/vendor that can fulfill the demand for goods submitted by the company, the Procurement staff will issue/submit the following documents:
|
|
Purchase Requisition (PR)
|
|
|
Purchase Order (PO)
|
|
|
Invoice Order
|
|
|
Sales Order
|
Explanation:
Detailed explanation-1: -Procurement includes sourcing, obtaining and paying for goods and services. Supply chain management also covers the logistics involved in obtaining goods, such as shipping and warehouse management, as well as transforming the procured goods into products and distributing them to customers.
Detailed explanation-2: -Procurement is the term used when a company needs to obtain goods or services from a third party, such as vendors or suppliers. Procurement should be done in such a way that the goods and sources purchased are of high quality while also keeping costs in mind.
There is 1 question to complete.