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Humanities Culinary Arts Topic started by: mysttrr on Feb 8, 2018



Title: Explain basic product ordering procedures.
Post by: mysttrr on Feb 8, 2018
Explain basic product ordering procedures.
 
  What will be an ideal response?


Title: Explain basic product ordering procedures.
Post by: FiercerChin on Feb 8, 2018
Vendors' prices are an important concern in product ordering decisions. The prices buyers pay are influenced by product cost, consumer demand, service and information provided, and quality. Some vendors offer discounts, which are deductions to established prices, and rebates, which are deductions that are taken after payment.

Small operations typically allow department heads to order products based on the operation's policies. Larger-volume establishments use a more centralized system. Purchase requisitions are sent from each department to a manager who sends a request for price quotation (RFP) to approved vendors. Those interested respond, and a PO is used to summarize the purchase agreement.


Title: Explain basic product ordering procedures.
Post by: mysttrr on Feb 8, 2018
I sincerely appreciate this help!