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Purchasing is the process a business or organization uses to acquire goods or services to accomplish its goals. Although there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly between organizations. Purchasing is part of the wider procurement process, which typically also includes expediting, supplier quality, transportation, and logistics. Details Purchasing managers/directors, and procurement managers/directors guide the organizations acquisition procedures and standards. Most organizations use a three-way check as the foundation of their purchasing programs. This involves three departments in the organization completing separate parts of the acquisition process. The three departments do not all report to the same senior manager, to prevent unethical practices and lend credibility to the process. These departments can be purchasing, receiving and accounts payable, or engineering, purchasing and accounts payable, or a plant manager, purchasing and accounts payable. Combinations can vary significantly, but a purchasing department and accounts payable are usually two of the three departments involved. When the receiving department is not involved, it is typically called a two-way check or two-way purchase order.

This GIF Bitmap Image Market Download HD is a part of Markets Category in Building Folder. Market Download HD has a Resolution of 367x300 Pixels. Market Download HD is of .gif (Graphics Interchange Format) Format. It's Size is 23.4KB. This GIF has been Downloaded 48 times till now. Market Download HD was Added on 13-10-2021. Download Market Download HD by clicking the button below:

Image Name: Market Download HD
Image Category: Building / Markets
Date Added: 13-10-2021
Resolution: 367x300

Format: GIF
Downloads: 48
Views: 129
Size: 23.4KB

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