The steps in a materials purchasing procedure
i. Preparing the purchase requisition by the stores manager when the quantity of materials in store reaches re-order level and sending it to the purchasing department
ii. Generation of the purchase requisition by the purchasing department specifying the quantities, prices, delivery dates and contract terms.
iii. Receipt of materials after inspection that they meet the specifications in the purchase order
iv. Recording of the quantities received in the stock ledger and bin cards.
v. Storage of the materials in the store, awaiting requisitions for usage by the relevant departments