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How importance is considering Value for Money for Strategic Purchasing?

<p>Value for money is most important consideration for Strategic Purchasing. Is it mandatory to consider for all purchase ?</p>

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تم إضافة السؤال من قبل Zakir Hossain Hossain , Supply Chain Manager , The Bengal Glass Works Ltd
تاريخ النشر: 2014/09/29
Nasir Bashir
من قبل Nasir Bashir , Administrative Clerk , Najmat Al Shab Passenger Transport LLC

Exactly its very  important to consider value factor in terms of purchasing.

SYED ABDEEN ABDULLA
من قبل SYED ABDEEN ABDULLA , Purchasing Manager CAPEX / Indirect Material & Service , ALMARAI Co

Yes, Stategic purchasing also part of spending money but with the taste to the end user, where we assume give long term returns & value to the investment.  Periodical check to be done whether strategic purchased are reaching the expectation of the management on which the strategic decision has been taken

Elke Woofter
من قبل Elke Woofter , Project Assistant , American Technical Associates

It is very important, since you have to stay on the budget or rather keep department managers on their budget. Keeping our maintenance manager on track was not an easy task, however I found a way to keep him on budget and all machines running.

When I noticed this is falling under Capital Expenditure ... I send him a filled out document for him to turn in to finance ... kept two departments happy...  

amer jayyousi
من قبل amer jayyousi , Business Development Consultant , freelance

I agree with you it is very important and should be considered for any valuable purchases.Especially for capital and other items that will be resold after use like equipment,cars,buildings...etc.

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