What is Procurement (in Hindi)? Complete Procurement Process

Definition of Procurement. Difference between Supply chain and Procurement. Complete Procurement Process. ____________________________________ Videos on Strategic Management | MBA | CA | Business Management Videos for Startup and Entrepreneur Logistiics Management Supply Chain Procurement Process Purchase Requisition Timecodes 00:00 - Intro 00:47 - Definition of Procurement 02:04 - Example of Procurement 02:55 - Difference between Procurement and Supply chain 05:01 - Procurement Process 05:52 - Step 1 Identification 08:03 - Step 2 Submit Purchase Request 10:59 - Step 3 Assess & Select Vendor 12:53 - Step 4 Negotiations 14:22 - Step 5 Create Purchase Order 16:28 - Step 6 Recieve & Inspect 18:04 - Step 7 Three way matching 21:04 - Step 8 Approve the invoice 22:21 - Step 9 Recordkeeping Click Subscribe to get more free videos. Please LIKE & leave Comment if you like this tutorials