PURCHASE ORDER IN EXCEL

You can only understand from the vendor the reasons for a change in the price. If you get a convincing answer from the vendor, you can talk to your management. If the reason is not convincing, you shouldn't proceed with this vendor, given the lack of reliability...

Dear Soja,- Go through the quote thoroughly once again.- Check the validity period of the quote. If it falls before your P.O. date, it's fine. You can negotiate with the supplier.- At this juncture, it is better to involve your immediate superior.Sridhar

Dear Soja,As per your point, you have already received the rate and finalized it, so there is no need for a price change at night. You have a very strong argument. If you have a written document of the final purchase order for the same price, you can claim it.Th...

This is what is lawfully and logically correct:Every offer has a validity period. If you have acted within it, the vendor must accept it. If you have acted in time but your acceptance has not reached the vendor within the validity period, they are not bound by y...

If any clause in the quotation of the vendor, such as price, will change at any time before releasing the purchase order, you have no choice. Otherwise, you may need to negotiate with the vendor to supply the item at the agreed price.

It all depends on the terms and conditions of the offer. If your vendor had inserted specific conditions like the rate prevailing at the time of supply only will apply or subject to change by the manufacturer, then such price changes can legally take place. The ...

All business transactions are based on fair business practices and business ethics.• Prices of certain items are very volatile and they keep changing every hour. In that case, the vendor needs to mention the validity period in the quotation. Some vendors also in...

Hi Soja,Any purchase to be made should ideally be done by floating a 'Request for Quotation' form, which ideally should be on a letterhead clearly mentioning the terms and conditions, conditions for incremental price, etc. Ideally, the RFQ must be floated to all...

Dear All,Thank you for your inputs. I talked with the vendor, and they agreed to deliver the products for the settled price. Everything ended in harmony. They will be delivering the products on Monday. I gained some confidence since I could solve the problem by ...