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Purchasing Process Flow

oboloo Glossary

Purchasing Process Flow

The Purchasing Process Flow is the set of activities and tasks required to purchase goods or services from an external supplier. It outlines all steps from the order initiation to payment, including internal approval processes and document management. Depending on the company’s needs, it can include additional functions such as forecasting, inventory management and vendor evaluation. The Purchasing Process Flow helps organizations streamline their purchasing practices, improve quality assurance and save overall costs. By documenting the workflow and standardizing the process, companies can create a smooth, efficient purchasing system that helps them get the best value for their investments.

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