Procurement Status Report (PSR)

It is a good practice to have a PSR used as a dashboard for procurement and fabrication activities. PSR should be 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)
• Date the Purchase order signed off,
• Dates for Kick Off Meeting (K O M), Pre Inspection Meeting (P I M), Fabrication Commencement Date, Bench Mark Dates Fabrication and Testing, latest expediting visit and report Number.
• Dates for First release, last release, Required on Site (R O S) Date and the like.

Required on Site 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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