/ / A Refresher on “The Procurement Management Process”

A Refresher on “The Procurement Management Process”

The Procurement Management Process is an effective way to make your procurement function a competitive advantage.

Here’s a quick refresher of the steps in the Procurement Management Process:

  1. Statement of need or request for purchase

  2. Stratefic sourcing

  3. Purchasing

  4. Contract management

  5. Supplier relationship management

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