Introduction to Procurement Management

Institution	MASENO UNIVERSITY
Course	Procurement
Year	1st Year
Semester	Unknown
Posted By	Mwalimu Evans Okoyo.
File Type	pdf
Pages	32 Pages
File Size	799.56 KB
Views	7901
Downloads	0
Price:	Ksh. 70 Buy Now Buy via whatsapp

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Description

For the purpose of this course, the term 'procurement‘ will be used in place of the term purchasing and supply management, which implies the acquisition of goods and services in return for a monetary or equivalent payment. The term 'procurement‘, as it is used in the course, is the process of obtaining goods or services in any way, including borrowing, leasing and even force or pillage (Lyson and Farrington, 2006), in a wider context of supply management relevant to today‘s business practices.

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