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Procurement Function in International Procurement

From EverybodyWiki Bios & Wiki


Procurement function refers to the department in which people use specialized resources, knowledge and skills to perform special tasks in acquiring goods, services, raw materials and components[1][2].

Below are the roles played by the purchasing function in international procurement.

  • Drawing of procurement plan[3]
  • Assisting on specifications
  • Information on the origin of materials and how they can be obtained
  • Advising on availability of materials
  • Liaising with suppliers and internal departments
  • Advising on international standards
  • Giving information on new developments in the international market
  • Setting quality standards
  • Advising on the mode of transport to use
  • Carrying out supplier site inspections etc.[4][5]

References

  1. "What is International procurement? Definition and meaning". Dictionary of International Trade. Retrieved 2023-07-09.
  2. "Global Sourcing and Procurement - Visichain". visichain.io. 2019-07-22. Retrieved 2023-07-09.
  3. "What is a procurement plan?". CIO. Retrieved 2023-07-09.
  4. "International Procurement Function". RCI. Retrieved 2023-07-09.
  5. Reid-Regier, Angela; Snage, Bryan (2022-02-28). "Global Procurement".



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