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Purchasing is the formal process of buying goods and services. The purchasing process can vary from one organization to another, but there are some common key elements. The process usually starts with a demand or requirements – this could be for a physical part (inventory) or a service. A requisition is generated, which details the requirements (in some cases providing a requirements specification) which actions the procurement department. A request for proposal (RFP) or request for quotation (RFQ) is then raised. Suppliers send their quotations in response to the RFQ, and a review is undertaken where the best offer (typically based on price, availability and quality) is given the purchase order.

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We couldn't find any anagrams for the word purchasing process.

Maybe you were looking for one of these terms?

purchasability, purchasable, purchase, purchaser, purchasery, purdah, purdy, pure, pureblood, purebred

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"purchasing process." Anagrams.net. STANDS4 LLC, 2024. Web. 6 May 2024. <https://www.anagrams.net/purchasing%20process>.

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