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BAPHALABORWA MUNICIPALITY MEMORANDUM BUDGET AND TREASURY TO : Prospective Service Provider FROM : SCM /STORES DATE :19/01/2023 Inquiries : STORES TELEPHONE : 015 780 6362/61 REF : T.UNIFORM Kindly
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Identify the products or services required
02
Determine the quantity needed
03
Check the budget allocation for the procurement
04
Research potential suppliers or vendors
05
Obtain quotes or bids from suppliers
06
Select a supplier based on the criteria such as quality, price, and delivery time
07
Negotiate terms and agreements with the chosen supplier
08
Create purchase orders for the selected items
09
Receive and inspect the delivered items
10
Update inventory records and payment processing

Who needs procurement and stores?

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Any entity or individual in need of products or services
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Procurement refers to the process of acquiring goods and services, while stores pertain to the storage and management of these materials within an organization.
Typically, organizations and entities that engage in purchasing goods and services are required to file procurement and stores documentation.
To fill out procurement and stores, you need to complete the designated forms with accurate information regarding purchased items, quantities, suppliers, and relevant dates.
The purpose of procurement and stores is to ensure that organizations maintain efficient inventory levels, adhere to budgeting constraints, and comply with regulatory requirements.
Information that must be reported includes details of purchased items, stock levels, supplier information, transaction amounts, and dates of procurement.
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