Framework

The purchasing process

The question it answers

When standardising purchasing, which steps should a purchasing manager set for an order, from requisition to payment, and how can redundant steps be cut?

Origin
Lysons and Farrington (2020) ch. 5
Diagram type
Process by phase
Level of analysis
Firm
Topics
Supply chain & operations
Delivery lorry pulling a chain of linked glass boxes, icon for supply chain

Diagram

The purchasing process

  1. Process
  2. Purchase requisition
  3. Request for quotation (RFQ)
  4. Supplier selection
  5. Issue purchase order (possibly a call-off)
  6. Receive and inspect goods
  7. Payment
  8. Tools that cut redundant steps
  9. EDI, e-procurement, purchasing cards, electronic payment, RFID, blockchain

Sources

References

Listed A–Z by author surname, Harvard style. A source with a DOI links to https://doi.org/…; one without links to its page or says plainly that it has no DOI.

  1. Lysons, K. and Farrington, B. (2020) Procurement and Supply Chain Management (10th edn). Harlow: Pearson.No DOISource page