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The Procurement cycle is the cyclical process of key steps when procuring goods or services.
private enforcement
foodgrains procurement by the government serves the dual purpose of providing support prices to the farmers and of building up public stocks of food grains. procurement operations are carried out by the Food Corporation of India and the state agencies designated by State Government Procurement prices are bsed on support prices recommended by CACP (Commission for Agriculture Costs and Prices).
Private sector procurement is usually controlled by the head of the company or a department they have established. Usually, the person needing a supply just asks for permission to buy it. Public sector procurement is governed by lawmakers and often bids have to be taken.
One of the consequences of poor tourism planning is having no hotel in stay in. Another consequence could be not knowing what to do when you arrive at your destination.
Poverty can lead to decreased access to education, healthcare, and basic necessities, which can perpetuate cycles of inequality and limit opportunities for social mobility. It can also result in increased crime rates, strain social services, and have negative impacts on overall community well-being and economic development.
international procurement and national procurement
Risk of obesityweaknesstirednesstummy acheshead achesand lot more BAD consequences
the consequences of poor planning and poor controlling in the businesses 1. retrenchments of jobs 2. economic melt down 3. insolvency 4.bankraptancy 5. recession 6.the escalation of crime due to job loss
Challenges traditional procurement
procurement
Compare and contrast the two basic procurement strategies of corporate procurement and project procurement
bad ones
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