8 stage Organizational Buying Process Focus of Organizational buying • • • • • • • Value based buying Formal vendor analysis Focus on economic criteria Quality Total cost Reliability Value in use 8 stage model of organization buying • 1. Problem recognition • Determine product dimensions and quantity 8 stage model of organization buying • 3. Brief the description of product characteristics • 4. Search and qualification of potential sources 8 stage model of organization buying • Acquiring and analyzing proposals received • Evaluation of proposals and supplier selection 8 stage model of organization buying • 7. Selection of order schedule • 8. Performance feedback and evaluation Types of organizational buying • New-Task Buying • Modified re-buying • Straight re-buying