Syllabus
Sourcing and Procurement
→ Outsourcing benefit
→Importance of suppliers
→Evaluating a potential supplier
→Supply contracts
→Competitive bidding and Negotiation
→E-procurement
12/10/2020
2
, Sourcing and Procurement
Procurement: The process by which companies acquire raw
materials, components, products, services, or other resources
from suppliers to execute their operations 12/10/2020
3
, Sourcing and Procurement
Sourcing: The entire set of business processes
required to purchase goods and services.
12/10/2020
4
Sourcing and Procurement
→ Outsourcing benefit
→Importance of suppliers
→Evaluating a potential supplier
→Supply contracts
→Competitive bidding and Negotiation
→E-procurement
12/10/2020
2
, Sourcing and Procurement
Procurement: The process by which companies acquire raw
materials, components, products, services, or other resources
from suppliers to execute their operations 12/10/2020
3
, Sourcing and Procurement
Sourcing: The entire set of business processes
required to purchase goods and services.
12/10/2020
4
