test2ch3outline

test2ch3outline - Chapter Three Magal if I were you I'd...

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Chapter Three, Magal: if I were you, I'd also read the chapter summary on page 73 3.1 KEY CONCEPTS AND ASSUMPTIONS procurement process – getting stuff; aka requisition-to-pay process businesses have legal obligations to buy crap directly from manufacturers; these are B2B (figure that out youself) a customer doesn't have to have an established relationship with a business, unlike B2B 3.2 A BASIC PROCUREMENT PROCESS start: a company discovers it needs something, as determined by the person managing inventory 3.2.1 Physical Flow Someone makes a request to buy stuff (I would just like you to know that this guy gave names to people in different departments, like David and Martha. Why? ..actually, I might use them..) ...David makes this request, to be precise Martha selects a vendor The (so far, unnamed) vendor sends the junk Tim receives it all Vendor sends the bill Shana gets the invoice and pays it 3.2.2 Document and Data Flow This starts off the same as the last section, just different wording. I'll give it to you anyway: 1. purchase requisition 2. purchase order 3. packing list 4. goods receipt document 5. vendor invoice 6. vendor payment Purchase requisition
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