Origin need ad authority to procurement refers to the concept that any procurement or purchasing activity in a company should have the necessary authorization and approval from the appropriate authorities to ensure compliance with company policies, regulations, and ethical standards. It helps in preventing fraud, ensuring transparency, and maintaining accountability in the procurement process.
international procurement and national procurement
Challenges traditional procurement
procurement
Compare and contrast the two basic procurement strategies of corporate procurement and project procurement
A procurement department is a kind of a department which handles all the activities related to procurement, like procurement services, procurement strategy, supply chain management etc.
1. A traditional procurement process is a collection of many processes by interacting with other departments of a company or with the supplier. Whereas e-procurement means electronic procurement or online procurement. 2. Traditional procurement can be done by face-to-face, or via telephone. E- Procurement can only be done through online. 3. Traditional procurement is costly E-Procurement is cost effective.
Roles of procurement
Manual Procurement is a process of providing the guidance om procurement steps and policies to all the people in the different stages of procurement actions.
Traditional procurement is a method where goods or services are acquired through a competitive bidding process. It typically involves selecting vendors based on criteria such as price, quality, and delivery time. This method is commonly used in government contracting and construction projects.
procurement cards (p-cards)
find the methods of procurement