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Provide a brief introduction on all steps involved in Procurement process?
1. Purchase requisition or purchase Indent.2. Floating the purchase enquiry/tender.3. Receiving quotations.4. Opening the quotation, tabulating and analysing.5. Short listing promising vendors/suppliers.6. Technical evaluation.7. Commercial negotiation.8. Purchase order release.9. Pre-delivery inspection.10. Check deliveries, installation testing and commissioning.11. Certification of supplies.12. Payment for supplies.
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Explain the risks associated with levelling resources, compressing or crashing projects, and imposed durations, or catch-up, as the project is being implemented.
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