The Purchase Order Process Steps are the steps taken to ensure that a business acquires supplies and materials in the most cost-effective and efficient way possible. It begins with the identification of an item or service need, an evaluation of potential suppliers, and then a decision on which supplier to use. Following this, a purchase order is created which sets out the necessary details such as price, quantity, delivery date and more. This order is then sent to the chosen supplier. Once the product has been delivered, the supplier sends an invoice which is reviewed by the business before payment is made. Finally, the goods received are evaluated to ensure they meet quality standards. This Purchase Order Process ensures that businesses can acquire what they need in a timely and effective manner.