comparative (compare similarities and/or differences) Procurement Processes.

Comparatively, describe and analyse the procure to pay process for the three micro organisations below . Follow all the items, except supplier identification/selection, listed in the "Exhibit 2.3 - captioned "Procure to Pay" at p. 52 of your recommended textbook.

procurement process:

Organisation 1: Contact the official merchandiser for the products that the business wishes to procure. Business will then make upfront payment via internet banking and the merchandiser will send out the goods to the business's location via 3rd party logistics.

Organisation 2 : The admin in charge of procurement will be informed of which goods are running low/required for the upcoming festivities. They will then contact the product Suppliers via WeChat and proceed to make payment via Bank Transfer. The supplier will then send them an official invoice via Email and provide shipping updates via WeChat

Organisation 3 : If there are shortages of raw materials, the procurement supervisor will be informed to buy extra stock in advance before prices rise. After selecting and purchasing high-quality, recently-harvested raw materials, the procurement supervisor will send a buyer to the wholesale market for food supplies. After making the purchase, the buyer will only complete the procurement and make payment by check or internet banking. Sometimes they will place frequent orders from a dependable vendor with the requested quantity without making a personal selection and only paying the deposit up front.Seller will coordinate with drivers to send raw goods to the store by van or truck.