PROCUREMENT OR PURCHASING?

An officer receives an order from a department to buy 100 laptops and immediately places a purchase order with the supplier without further evaluation.

• Procurement

• Purchasing

A company needs to buy new office furniture and decides to compare multiple suppliers to get the best price and quality. They also consider the reputation of the suppliers before making a decision.

• Procurement

• Purchasing

A company reviews its contracts with suppliers annually to ensure they are receiving the best value and discusses potential improvements for future purchases.

• Procurement

• Purchasing

The organization develops a long-term strategy for sourcing raw materials and builds partnerships with suppliers to enhance collaboration and efficiency.

• Procurement

• Purchasing

An officer finds a great deal on printer cartridges at a local store and decides to purchase directly for office use.

• Procurement

• Purchasing

An employee submits an urgent requisition and small amount required, hence the related _____ department immediately processes the order.

• Procurement

• Purchasing

The _________ department evaluates multiple vendor proposals for a new logistics software system, focusing on both cost and compatibility with existing systems.

• Procurement

• Purchasing

A team reviews past supplier performance and strategizes on how to build stronger relationships to enhance future collaborations and negotiations.

• Procurement

• Purchasing

Process order for office snacks for an upcoming meeting, focusing on the price and quantity needed.

• Procurement

• Purchasing

Order for office supplies based on a previously established budget and a list of standard items without further consultation.

• Procurement

• Purchasing