Traditional Culture Encyclopedia - Traditional festivals - Introduction to traditional procurement

Introduction to traditional procurement

Traditional procurement is a routine business activity process of an enterprise, that is, according to the production needs of the enterprise, first, each demanding unit prepares an application plan for purchasing funds at the end of the month, the end of the season or the end of the year; Then, the material purchasing and supply department summarizes it into the enterprise material planning and purchasing table, and organizes the specific implementation after being approved by the competent leader; Finally, the required materials will be checked and accepted after purchasing to meet the production needs of enterprises. Traditional procurement has some shortcomings, such as invalid market information, large inventory, large capital occupation and high inventory risk. It may often be in short supply, affecting the normal production and operation activities of enterprises, or it may be overstocked and costly, affecting the economic benefits of enterprises.