Performance in Procurement and Supply Management

Marc Helmold
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Marc Helmold: IU University of Applied Sciences

Chapter 2 in Strategic Performance Management, 2022, pp 25-55 from Springer

Abstract: Abstract Procurement is the act of obtaining goods or services, typically for business purposes. Procurement is most commonly associated with businesses because companies need to solicit services or purchase goods, usually on a relatively large scale. Procurement, purchasing, or supply management generally refers to the final act of purchasing but it can also include the procurement process overall which can be critically important for companies leading up to their final purchasing decision. Companies can be on both sides of the procurement process as buyers or sellers though here we mainly focus on the side of the soliciting company. The major elements can be summarized as follows:

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-3-030-98725-1_2

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DOI: 10.1007/978-3-030-98725-1_2

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