GRN stands for Goods Received Note, which is a two-way document that acknowledges the delivery of goods by a supplier and their receipt by the customer. It is an important tool in the procurement process and is used to confirm that both parties have kept to their part of the contract and stores that record for future reference, should it be required or if disagreements arise. The GRN is used to validate the quality and quantity of supplies, and it is assumed that all goods delivered are according to specifications demanded and will pass quality checks. The buyer has the right to and must conduct physical verification of the quantity and quality of the received goods before issuing a GRN. Once the GRN is accepted, it becomes the official document to denote the quantity and quality of the goods received in case of further disputes. The GRN is also used to track and measure the performance of the supply chain and helps in proper inventory management. The document requires information such as the name of the supplier, product details, product quantity, purchase order number, delivery date and delivery time, name and signature of supplier representative, and name of the receiver.