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I wanted to prepare a presentation on the topic Business Process for Sales Department as per the following data template of Business Process for Procurement.

I wanted to prepare a presentation on the topic "Business Process for Sales Department" as per the following data template of Business Process for Procurement.

  • Business Process for procurements
  • Documentation and Information Flow
  • Dependencies: Inventory Management Systems
  • A fundamental decision is to decide if inventory shall be maintained for an item or it shall be purchased as and when required
  • Inventory management systems refers to decisions as to when, and how much shall be purchased
  • are broadly of three types
  • Actual demand based systems [JIT or closer to JIT systems]
  • Reorder point systems
  • Forecast demand based systems usually known as MRPs
  • Purchase Requisition
  • A request to the procurement department for purchase of goods
  • Internal document
  • Who originates
  • Information
  • Who receives
  • Accounting Entry

  • Sourcing
  • Prequalified vendors [source list]
  • Request for Quotations [RFQ]
  • Who originates
  • Information
  • Who receives
  • Accounting Entry

  • Quotations submitted by vendors
  • Who originates
  • Information
  • Who receives
  • Accounting Entry
  • Vendors selected or rejected
  • Purchase Orders
  • A formal request for ordering of goods
  • acceptance of quotation offer
  • Who originates
  • Information
  • Who receives
  • Accounting Entry

  • Delivery Challan
  • A document send by the vendor along with the shipment for acknowledgment of delivery purpose [original and copy]
  • Who originates
  • Information
  • Who receives
  • Accounting Entry

  • Goods Receipt [GR / GRN / GRR]
  • An internal document generated by warehouse people as an evidence of receipt of goods
  • Who originates
  • Information
  • Who receives
  • Accounting Entry
  • Stores Requisition / Goods Issue
  • A formal request by the user for issuing goods from stores
  • Who originates
  • Information
  • Who receives
  • Accounting Entry

  • Vendor Invoice Verification
  • Vendor invoice is received and verified and entered in the system
  • Three way verification
  • Who originates
  • Information
  • Who receives
  • Accounting Entry

  • Vendor Payment
  • Payment to vendor is done
  • Who originates
  • Information
  • Who receives
  • Accounting Entry

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