SCM Real Time Process

What is the primary purpose of a Vendor Request Form?

• To request goods from a supplier

• To onboard a new supplier into the company's system

• To evaluate supplier performance

• To approve a purchase order

Which department typically handles the Vendor Request Form?

• Finance

• Procurement

• Operations

• Human Resources

What information is NOT typically required in a Vendor Request Form?

• Vendor name and address

• Vendor bank details

• Vendor's performance history

• Vendor's GST number

Who reviews and approves the Vendor Request Form before a vendor can be added to the system?

• Finance team

• Operations team

• Master Data Management (MDM) team

• Quality Control team

After approval, what is assigned to a new vendor in the company's system?

• Purchase Order

• Vendor Code

• Goods Receipt Note

• Request for Quotation

What is the primary purpose of a Purchase Requisition (PR)?

• To request payment from the vendor

• To confirm the quality of received goods

• To request goods or services within the company

• To issue a purchase order to the vendor

Which information is NOT typically included in a Purchase Requisition?

• Item description

• Quantity required

• Vendor details

• Required delivery date

Who is usually responsible for approving a Purchase Requisition?

• Finance team

• Master Data Management team

• Department head or manager

• Quality Control team

What does a Request for Quotation (RFQ) typically include?

• A detailed purchase order

• Specifications and terms for the required goods or services

• A performance evaluation of the vendor

• An invoice for payment

Who is responsible for issuing an RFQ to vendors?

• Finance team

• Master Data Management team

• Procurement team

• Operations team