Explain the key steps in a basic procurement process

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Reference no: EM133295524

Assignment:

1. Explain the key steps in a basic procurement process.

2. Briefly describe the key documents in the procurement process in terms of their role.

3. Suppose a company needs to purchase the following materials from its supplier, Black Widow Skateboards. Categorize all the documents used in the process of procuring these materials.

You can search the Internet for examples of the documents included in this chapter or create them using a word processor.

• 100 Entry-level skateboards

• 300 T-shirts

• 100 First aid kits

4. For the process in Question 3, explain the financial impact of the process steps of that company. Draw a diagram similar to the figure used in this chapter to explain the financial impact.

Reference no: EM133295524

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