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Is it essential to have a procurement strategy?

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تم إضافة السؤال من قبل Adel daoud , Supply Chain Director , Neom green hydrogen company
تاريخ النشر: 2015/05/23
Muhammad Rizwan
من قبل Muhammad Rizwan , Executive Procurement (Technical) , FFCL

Without strategy there will be no framework to move on and one can imagine one's gradual failure.

Shahab Khan
من قبل Shahab Khan , Senior Leasing Administrator , Bukhatir Group

It is  difficult to talk about procurement planning without mentioning procurement strategy, because procurement strategy is developed in conjunction with and during the procurement planning phase and is a key factor in determining the most appropriate procurement method given the complexity and monetary value of the requirement, and market availability.

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