Purchase

Management
Practice
Dr. Marwan
Purchase Management Course



Prepared by: Zubaidah Abdul Rehman, 20042080
Purchase Management Outline
Purchasing Process
Purchasing Management Process
Purchasing Planning
Purchasing Tracking
Purchasing Reporting
Purchase Process
1. Requisitioning
2. Approving
3. Studying Market
4. Making Purchase Decision
5. Placing Orders
6. Receipting Goods and Services Received
7. Accounting Goods and Services
8. Receiving Invoices and Making Payment
Purchase Management Process
1. Purchasing Planning
2. Purchasing Tracking
3. Purchasing Reporting
Purchase Planning
creating purchasing projects and tasks
providing related information (files, links,
notes etc.)
assigning purchasing tasks to employees
setting task priorities, start/finish dates etc.
assigning supervisors
setting reminders
Purchase Tracking
checking task's status and/or history of
changes
receiving status notifications
sorting, grouping or filtering tasks by
current status
highlighting overdue tasks
Purchase Reporting
comparing actual and estimated
values
calculating purchasing task and
project statistics
sorting, grouping or filtering tasks by
attributes
creating charts to visualize key
statistics and KPIs
Purchase Management Practice
Reference:
UTIPS education. University of Twente (02/13/2006).
Retrieved on December 13, 2007. Production
companies purchase nowadays approximately 70%
of their turnover, service companies purchase
approximately 40% of their turnover!
Thank you for listening!
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