Purchase Planner

Cash poor countries and organizations engage in counter trading by exchanging commodities of equal value. Counter trading offers cash poor countries and organizations greater access to the world markets by offering them an alternate method of acquiring goods. Reciprocal trading provides participating nations with equivalent competitive trading opportunities based on mutual agreements negotiated to adjust tariffs, duties, and customs restrictions in order to increase foreign trade and improve border-to-border relationships among participating countries.

A prime source for finding new suppliers is the XYZ Register. The XYZ Register lists manufacturers by product categories and geographic location. XYZ Register supplier information can be obtained online from their website (its free), a set of their cds which can be networked within a company, and their set of catalogs. Another good source for finding suppliers is through Trade Associations, most can be accessed online. Internet search engines such as google.com which can be used to search for specific products, commodities or companies.

CPM (Cost Per Impressions) is the cost per thousand a web site charges for an advertisement on a web site page. Internet advertising is typically sold on a CPM basis. An impression occurs when a visitor to a web site views a page where an ad is displayed. A $25 cpm rate represents $25 per 1,000 displays of a web site page where an ad is displayed.

The supplier's terms and conditions govern because the buyer did not send out the purchase order with his terms and conditions.

The statute of limitations under the UCCC is generally four years. In certain cases, the UCC allows the statute of limitations to be reduced to a one-year minimum.

Under the UCC good faith means honesty in fact in the conduct or transactions concerned.

You cannot reject a shipment by just returning it without stating why the shipment is rejected. The UCC states that you must particularize your objections to the goods.

When checking supplier references, you need to collect as much information as possible to help you make a wise decision. You should interview at least three references and engage them in conversation. Verify all the information you already have about the supplier. Find out the scope of the project and how long the contract was for.

Purchasing agents have broad implied or apparent authority. The company would be liable for the $50,000 purchase order.

1. Were you pleased with the work performed?

2. Would you do business with this supplier again?

3. How long have you been doing business with this supplier?

4. What do you like best about the work performed?

5. What do you like the least about this supplier?

6. Is there anything about the work performed that you were not happy with?

7. Was the contract completed on time?

8. Was the supplier helpful and timely when responding to your questions?

9. Were there any unexpected expenses or additional costs unrelated to change orders?

10. Were there any unexpected delays unrelated to change orders?

An unsigned purchase order is valid. The company logo on the purchase order is considered as the signature.