Procurement is the acquisition of goods or services at the best possible total cost of ownership, in the right quantity and quality, at the right time, in the right place for the direct benefit or use of the governments, corporations, or individuals generally via, but not limited to a contract.
Simple procurement may involve nothing more than repeat purchasing. Complex procurement could involve finding long term partners - or even 'co-destiny' suppliers that might fundamentally commit one organisation to another.
Even simple purchasing can involve trade-offs. What IS the quality required? Are there advantages buying fewer or more items? The timing can be critical. Each supplier may have different attributes, capabilities and values. The total cost of acquisition should be considered alongside the total lifetime cost, not just the purchase price. The physical handling of any products should be considered, with links to methods of transport, logistics and warehousing.
More on [ Procurement ]

ESPO - Eastern Shires Purchasing Organisation - ESPO supplies schools, colleges, County Councils, City and District Councils in Cambridge, Norfolk, Warwick, Leicester and Peterborough along with other statutory bodies such as charitable organisations which elect to make use of its specialised knowledge and services.
European Tenders Direct - An information service providing details of european tenders, public contracts, public tenders, contracts and tenders issued by European organisations.
IPF Procurement and Commissioning Forum - News and updates on procurement activity across the public services.
404
Public Source Online - Online resource for UK public sector buyers
Society of Purchasing Officers - The Society of Purchasing Officers in Local Government (SOPO) engages in a range of activities aiming to promote its strategic purchasing, contracting and supplies functions.
| in 2003. This was as part (at least indirectly) related to my procurement of a certificate. Makes me wish I could afford ... | |
| Next Video | |