Introduction╰┈➤✎
The order processing includes all businesses' steps to create, approve, verify, arrange and track Purchase Orders (POs) from the good that is out for sale until it is delivered and sold. Generally, businesses go through a formal process when purchasing something.
To ensure
timely purchase order processing, the purchase order process includes several
compliance checkpoints and approval or input tasks. The following are the
purchase order processing of Brilliant Shipping Agency Sdn Bhd.
The first step
is the client will create a purchase order (PO) and send it to the company. In
the Purchase Order (PO), the client will state;
·
Demand
quantity
·
Product
being purchased
·
Price
per unit
·
Delivery
date
·
Delivery
location
·
Billing
address
·
Payment
terms
Then, Brilliant Shipping Agency receives
the PO and confirms the company will be able to fill the order. If the order
cannot be completed, Brilliant as a seller will tell the client that they
cannot fulfil the demand and then the PO is cancelled. However, if the order
can be filled, the seller begins preparing the order by gathering inventory or
scheduling necessary personnel. The order or service is shipped with the PO number
so that it can be easily matched with the delivery information. The buyer pays
the invoice in accordance with the terms specified in the PO.
Brilliant then need to decide to approve
the request or not. Following that, they submit bids based on the POs. Bids are
approved based on price, quality, service, schedule and some other factors
specific with the contract. After the bid is accepted, Brilliant and their
client must agree to the contract. The contract typically includes terms and
conditions relevant to the purchase, such as what support comes with the item
being purchased or how to handle any objection.
Brilliant obtain the Palm Kernel Shell
(PKS) from RISDSA, FELDA and other private fields. The supplier will then produce
and deliver the items being purchased based on the outlined schedule and
shipping requirements. The client will verify quality and match the goods received
against the expected goods. By then, Brilliant will notify the supplier if the
goods don’t meet the client’s requirements. Typically, the supplier will send
the Brilliant an invoice that outlines the price and payment terms.
Brilliant will then match the purchase
order with the PO and invoice from the supplier once the goods have been
approved. The client then would double-check to ensure that all charges are
correct. The purchase order is closed out if the client approved.