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Purchasing practice and procedure

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Abstract

In formal organizations making large numbers of purchases it is necessary to adopt standard forms and to prescribe routine procedures for the purchasing process. The process itself can be thought of as comprising the following stages:

  1. 1.

    Initiating the purchase

  2. 2.

    Selecting the supplier

  3. 3.

    Placing the order

  4. 4.

    Progressing the order

  5. 5.

    Receiving the goods and paying for them.

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References

  1. P. J. H. BAILY and G. TAVERNIER (1970), Design of Purchasing Systems and Records,Gower Press

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  2. W. R. TRUX (1971), Data Processing for Purchasing and Stock Control, McGraw Hill, London

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  3. MAGEE and BOODMAN (1958, 1967), Production Planning and Inventory Control,McGraw Hill

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  4. J. L. BURBIDGE (1968), Principles of Production Control,Macdonald and Evans

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  5. H. BUCKNER, How British Industry Buys

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© 1987 P. J. H. Baily

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Baily, P.J.H. (1987). Purchasing practice and procedure. In: Purchasing and Supply Management. Springer, Boston, MA. https://doi.org/10.1007/978-1-4899-6902-6_6

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  • DOI: https://doi.org/10.1007/978-1-4899-6902-6_6

  • Publisher Name: Springer, Boston, MA

  • Print ISBN: 978-0-412-11570-7

  • Online ISBN: 978-1-4899-6902-6

  • eBook Packages: Springer Book Archive

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