VEHICLE PROCUREMENT AND SOURCING PROCESS Created by ChecklistGuro (https://checklistguro.com) [ ] Fetch Approved Vendor List: Retrieve existing entries from the Vendor Data Model to identify qualified suppliers. [ ] Create Procurement Requisition: Generate a new entry in the Procurement Requisition data model to initiate the process. [ ] Get Vehicle Specifications: Retrieve technical requirements and budget constraints from the Requisition entry. [ ] Assign Sourcing Specialist: Create a task for a Sourcing Agent to begin contacting vendors and requesting quotes. [ ] Create Quotation Entry: Create a new data entry for each vendor quote received during the sourcing phase. [ ] Calculate Average Quote Price: Aggregate all quotation entries to calculate the average price across all bidders. [ ] Calculate Price Variance: Compare the average quote price against the initial budget defined in the requisition. [ ] Vendor Selection Review: Create a task for the Procurement Manager to review quotes and select the winning bid. [ ] Update Requisition Status: Update the original Requisition entry status to 'Vendor Selected'. [ ] Create Purchase Order: Create a new Purchase Order entry linked to the selected vendor and vehicle specs. [ ] Notify Vendor of Award: Send an email to the selected vendor with the Purchase Order details. [ ] Verify Vehicle Documentation: Create a task for the Logistics Team to check registration, insurance, and compliance papers. [ ] Update PO Status to 'Ordered': Update the Purchase Order entry to reflect that the order has been placed. [ ] Vehicle Inspection: Create a task for the Fleet Inspector to perform a physical inspection upon delivery. [ ] Update Asset Inventory: Update the Vehicle Asset data model to include the new vehicle in the active fleet. [ ] Generate Procurement Summary Report: Create a final report summarizing total spend, vendor performance, and time-to-procure. --- END OF TEMPLATE --- Transform this text into a digital, automated, and trackable mobile app! Visit: https://checklistguro.com/workflow-templates/automotive/vehicle-procurement-and-sourcing-process (Click "Install Template" to launch your digital inspection tool immediately)