Purchase Order Systems: Benefits, Types and Pitfalls
Duration: 90 Minutes
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Purchase order fundamentals will be a web-based training experience covering the operations of a procurement office and how purchase order systems are used. The topics covered will give you an understanding of purchasing processes and how to avoid common mistakes. Today's fast paced demands are requiring rethinking of the standard paper processes and the use of electronic systems to facilitate decentralized desk top ordering, with just in time delivery while weighing the risks to internal controls.
11/08/2018 11:30 AMTraining Topic: Purchase Order Systems: Benefits, Types and PitfallsInstructor: Kenneth M. Jones
Objectives of the Presentation
Drafting a P.O.
Learning Payment Terms
Learning Tracking Methods
Being aware of other internal stakeholders' requirements
Using alternate ordering methods i.e. online, procurement cards
Why Should you Attend
This is a great training program for the new procurement professional and the seasoned one may pick up some new ideas as well. It also covers payments and delivery so those in accounts payable and the receiving dock may benefit as well. Learn best practices and how to avoid problems when creating a purchase order.
Initiating a P.O.
Who will Benefit
Accounts Payable Staff'
Shipping & Receiving Staff
Equipment Management Staff
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