Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Is it essential to have a procurement strategy?

user-image
Question added by Adel daoud , Supply Chain Director , Neom green hydrogen company
Date Posted: 2015/05/23
Muhammad Rizwan
by 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
by 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.

More Questions Like This