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Read the report on 'Follow the procurement leaders' and then determine the most significant changes that have occurred in procurement in the last few years and what this means for your organization or an organization of your choice.
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Procurement Management is an important part of the organisation. Of the various functions and processes in an organisation, procurement management is considered to be one of the most critical activities. The procurement division is concerned with the procurement of all necessities of the organisation like, raw material, stores and spares, packing material, fixed asset, other ancillary equipment, tools, and all other facilities, required in the day to day operation of the business. Since a large number of activities and business processes are dependent on the procurement process, this function becomes a critical activity in the