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Procurement Objectives

Procurement Objectives

Procurement Objectives   The general objective of purchasing is to obtain the ‘inputs’ required by an organisation for its operations. Different types of organisation will require different types of inputs: a manufacturing organisation may require raw materials or components to make into products; a retail organisation may require finished goods to sell on to consumers; while a service organisation may…

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The meaning of purchasing

The meaning of purchasing

The meaning of purchasing   Doesn’t everyone know the meaning of purchasing? We all do it every day: purchasing food, newspapers, clothes, petrol, life assurance, transport services and a thousand other things. What’s more, many readers of this Course Book will already be doing it in a professional capacity in the course of their jobs: purchasing materials, components, services and…

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