Difference between revisions of "Procurement"

From Open Risk Manual
(Procurement Stages)
(Procurement Stages)
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* Planning
 
* Planning
** [[Pre-procurement]]
+
** [[Pre-procurement]] activities
 
** Deciding on the [[Procurement Procedure]]
 
** Deciding on the [[Procurement Procedure]]
 
** Defining the subject of the contract ([[Subject Matter]])
 
** Defining the subject of the contract ([[Subject Matter]])

Revision as of 20:13, 3 May 2022

Definition

Procurement refers to the initiation, design, development, acquisition, logistics of products and services for the organization.

Procurement generalizes further the management of the value network, also including strategic aspects, internal and external to the organization.

Organization

Procurement is a structured process. It may be centralized or decentralsed. Organisations typically have systems in place to ensure they are managing the process efficiently (e.g., obtain value for money).

Procurement Stages