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Describe five components of a procurement strategy...

Tatiana Gavrisheva Discussion started by Tatiana Gavrisheva 5 years ago

We are reviewing the questions in preparation to the exam. There are just four components mentioned in the book and in the e-learning video (i.e. Make or Buy Decision, Contractual Relationship, Reimbursement Methods and Supplier Selection). What is the fifth one?
Thank you.

Replies
Paul Carter
Paul Carter Hi ,
How about Guidance on Ethics and Fairtrade?
The procurement process should be fair, and potentially you need to define whether there are any...
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5 years ago
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Paul Naybour
Paul Naybour Good question, I am impressed with you level of prep.

A procurement strategy is a document written by the client early in the process to define the...
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5 years ago
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Sinitta Basra
Sinitta Basra In the book they've also got contract admin so that would be ensuring, whoever the chosen supplier is, that both parties are compliant and... Show more 5 years ago
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