What are the Standard Operation Procedure for Purchasing (SOP)?

Value, then buy low sell high.

Yea right, for every compay

Each company often has their own rules as to approved vendors, rules on who can order, order limits and more.

Value, then buy low sell high.
Terrific!

But the Detail is the key to success. As a buyer, you are facing so many kinds of products, and variety of factories...

So Value means much for you. Everyone want to buy the best products with the best prices. But not everyone can do it.

You just need to know more about the market and analyze it and find your orientation.

At last, you can look for the proper supplier in your direction.

The Standard Operation Procedure (SOP) for purchasing depends on the rules and procedures set by each company. Based on my several years of experience in this field, I would like to share with you the following steps that I usually practiced.

1) Get the complete description of the materials that you are going to purchase.
2) Canvass them from at least 6 credible suppliers.
3) Ask samples of the materials for quality assurance and low cost of course.
4) Negotiate for the lowest price without sacrificing the quality.
5) Make sure that the delivery of your orders will be made promptly.
6) When receiving the deliveries, make sure that the description, quality and quantity of all items indicated in your order slip are properly complied,

Thank you very much mr felgar , really you help me thanks a lot

Is there something wrong with a simple answer...if the OP had come back there would have been more ....just asking?

We have set SOPs for purchasing in our company,but requisitioners are not abiding by these rules and they are directly contacting suppliers,getting offers,negotiating prices.What shal I do to stop such practices and what are the negative impacts of these violations?

I will simply say your SOP is not set properly, your SOP should also include a message like, payments to suppliers will be put on hold unless the process goes through the set proceudres. Your procedure should be like, suppiers should be aware that only request placed through you should be considered, any voilated request received by vendors should be redirected to you or your department authorised signatory