Purchasing Process

  1. Golden Rules & PDCA cycle: 7 Golden Rules in Purchasing – PDCA Cycle applied to Purchasing Process
  2. Schedule and define the needs: Internal & External Lead Time – Definition of the “Right” need: SQSCI Criteria – SOR/SOW – Technical/Functional Specifications

  3. Select a Supplier: Qualification of Vendor – Category Mgt – OEM – Bidder’s List

  4. Purchase: Consultation – Evaluation – Cost Structures – Clarification – Negotiation – Award – Purchasing Documents

  5. Follow-up and receive: Expediting & Reception of the Purchase Order

  6. Evaluate Vendor’s performance: Vendor’s Evaluation Process – Vendor’s Progress Plan.