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Procurement Status Report (PSR)

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It is a good practice to have a PSR that acts as a dashboard for procurement and fabrication activities updated on weekly basis.

 

The Procurement Status Report normally shows:

  • Name of package
  • Name of supplier
  • Name of relevant team members (package engineer, quality engineer, buyer, expeditor, lead inspector)
  • Dates the Purchase order signed off,
  • Dates for KOM, PIM, Fabrication Commencement Date, Fabrication and Testing Bench Mark Dates, latest expediting visit and report No.
  • Dates for First release, last release, Required on Site (ROS) Date and the like.

 

Note: ROS date is normally a couple of months after the release date in order to absorb any delay in manufacturing and release without affecting the project progress.

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