What information should be included on a purchase requisition?
Answer(s): A
RESPONSEA purchase requisition should contain the following information1) Date of the requisition2) Description of what is required3) Supplier if known4) The quantity5) when the need is required6) why the need is required7) who identified the need8) who approved the need9) if it's a re-buy
A purchase requisition should contain the following information1) Date of the requisition2) Description of what is required3) Supplier if known4) The quantity5) when the need is required6) why the need is required7) who identified the need8) who approved the need9) if it's a re-buy
What do STEEPLE and SWOT stand for?
RESPONSEAfter a need in an organization has been identified/understood, defined, justified and authorized, the next stages are to understand how commodity prices are reacting, which suppliers are available and their strength. The make or buy decision can be reached with knowledge from this; the procurement professional can consider the organization external environment, strength, weakness opportunity and threat to develop strategy/plan of how to achieve the procurement. `STEEPLE' is an effective way to evaluate the external environment. It helps buyers to assess factors that could affect the need in hand and helps them to develop the plan accordingly. `STEEPLE' is an acronym which stands for,Social, Technology, Economic, Environment, Political, Legal, Ethical `SWOT' helps the organization to analyze its strength and within the organization and the oppor- tunity and threats outside the organization.`SWOT' is an acronym which stands for, strength, weakness, opportunity and threats.Refer to the question column
After a need in an organization has been identified/understood, defined, justified and authorized, the next stages are to understand how commodity prices are reacting, which suppliers are available and their strength. The make or buy decision can be reached with knowledge from this; the procurement professional can consider the organization external environment, strength, weakness opportunity and threat to develop strategy/plan of how to achieve the procurement. `STEEPLE' is an effective way to evaluate the external environment. It helps buyers to assess factors that could affect the need in hand and helps them to develop the plan accordingly. `STEEPLE' is an acronym which stands for,Social, Technology, Economic, Environment, Political, Legal, Ethical `SWOT' helps the organization to analyze its strength and within the organization and the oppor- tunity and threats outside the organization.`SWOT' is an acronym which stands for, strength, weakness, opportunity and threats.
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Napo Posholi commented on October 02, 2023 They are very helpful Anonymous upvote