Category Management

THE PROCUREMENT PROCESS

The life cycle of procurement is based on your company identifying the need for goods or services from an external source and acquiring the need. Once those needs are identified and defined, the process of procurement can begin. For a more detailed definition of procurement please read What does Procurement Mean. How does procurement work? Vendor […]

Procurement Management

  Procurement management, or the process of project procurement, is the systematic process of identifying and obtaining, through acquisition and purchasing, necessary services, goods, and works for your company. The primary question in your procurement management plan will be: What item (good, service) will my company purchase from an external vendor to meet the need […]