diff --git a/scripts/RELEASE_PROCESS.md b/scripts/RELEASE_PROCESS.md
index ddc3e3c69a..2316aded30 100644
--- a/scripts/RELEASE_PROCESS.md
+++ b/scripts/RELEASE_PROCESS.md
@@ -3,27 +3,29 @@
 
 1. Make sure all tests pass, coverage is at 100% and the local branch is in a clean state (nothing to commit). Make sure you have a clean develop virtual environment. 
    
-2. Determine the next `open-autonomy` version. Create new release branch named `feature/release-{new-version}`, switch to this branch.
+2. Determine the next `open-autonomy` version. Create new release branch named `release/{new-version}`, switch to this branch.
 
-3. Update the version in following files and commit if satisfied.
+3. Make sure all the dependencies are pinned correctly across all of the file, special `open-aea` and the plugins.
+
+4. Run `autonomy packages sync --update-packages --source valory-xyz/open-aea@v{latest-aea-version}` and `tox -e lock-packages`. Commit if satisfied.
+
+5. Update the version in following files and commit if satisfied.
    - `autonomy/__version__.py`
    - `tests/test_base.py`
    - `deployments/Dockerfiles/autonomy-user/requirements.txt`
 
-4. Determine the next `open-aea-test-autonomy` version. Update the version in `plugins/aea-test-autonomy/setup.py` and relevant component configurations. Commit if satisfied.
-
-5. [CURRENTLY SKIPPED] Bump all the packages to their latest versions by running `python scripts/update_package_versions.py`.
+6. Determine the next `open-aea-test-autonomy` version. Update the version in `plugins/aea-test-autonomy/setup.py` and relevant component configurations. Commit if satisfied.
 
-6. Check the package upgrades are correct by running `tox -e check-packages`. Commit if satisfied.
+7. Check the package upgrades are correct by running `tox -e check-packages`. Commit if satisfied.
 
-7. Check the docs are up-to-date by running `tox -e generate-api-documentation`. Ensure all links are configured and run `tox -e docs`. Commit if satisfied.
+8. Check the docs are up-to-date by running `tox -e generate-api-documentation`. Ensure all links are configured and run `tox -e docs`. Commit if satisfied.
 
-8. Make sure hashes are up-to-date and run `tox -e fix-doc-hashes`.
+9.  Make sure hashes are up-to-date and run `tox -e fix-doc-hashes`.
 
-9.  Write release notes and place them in `HISTORY.md`. Add upgrading tips in `upgrading.md`. If necessary, adjust version references in `SECURITY.md`. Commit if satisfied.
+10. Write release notes and place them in `HISTORY.md`. Add upgrading tips in `upgrading.md`. If necessary, adjust version references in `SECURITY.md`. Commit if satisfied.
 
-10. Run spell checker `tomte check-spelling`. Run `pylint --disable all --enable spelling ...`. Commit if required.
+11. Run spell checker `tomte check-spelling`. Run `pylint --disable all --enable spelling ...`. Commit if required.
 
-11. Open PRs and merge into develop. Then open develop to main PR and merge it.
+12. Open PRs and merge into develop. Then open develop to main PR and merge it.
 
-12. Tag version on main.
+13. Tag a release from main.