A preliminary review of the purchasing function at a company…
A preliminary review of the purchasing function at a company indicates that: Department managers initiate purchase requests that must be approved by the warehouse manager, Purchase orders are typed by the purchasing department clerks using prenumbered and controlled forms, Purchasing clerks regularly update vendor master data as new sources of supply become known, Rush orders can be placed with a vendor by telephone but must be followed by a written purchase order before delivery can be accepted, and Vendor invoice payment requests must be accompanied by a purchase order and receiving report. One possible fault of this system is that:
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