Understanding Purchases and Supplies

The video tutorial, presented by Mattyou from Olivet enterprise, explains the differences between purchasing and procurement processes. It covers the steps involved in purchasing, such as need expression, supplier identification, and performance measurement. The procurement process is also detailed, including order placement, stock verification, and delivery management. The video concludes with an invitation to join the community and contact experts for more information.

Who is the presenter of the video?

• Mattyou

• Olivier

• John

• Alice

What is the first step in the purchasing process?

• Contract negotiation

• Supplier identification

• Tendering

• Need expression

Which of the following is NOT part of the purchasing process?

• Supplier identification

• Tendering

• Need expression

• Order taking

What is used to evaluate suppliers during the selection process?

• Evaluation matrix

• Cost structure

• Performance indicators

• Stock verification

Which of the following is a part of the negotiation process?

• Stock verification

• Order taking

• Contract terms

• Need expression

What is the final step in the purchasing process?

• Supplier identification

• Need expression

• Tendering

• Performance measurement

What is the first step in the supply process?

• Stock verification

• Order placement

• Order follow-up

• Order taking

Which of the following is checked during stock verification?

• Supplier performance

• Order quantity

• Contract terms

• Need expression

What is the focus during the reception of the order?

• Supplier identification

• Order quantity

• Need expression

• Tendering

What should you do if you find the video content useful?

• Delete it

• Report it

• Ignore it

• Share it with your network