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What are the drawbacks of procurement cycle?

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Question added by Mansoor ul Hassan Bangash , Finance Manager , National Logistics Cell
Date Posted: 2015/07/14
Nadeem Asghar
by Nadeem Asghar , Supply Chain Consultant/Trainer , Independent Practitioner

Procurement Cycle is neither good nor bad. It is a set of activities relating to procurement function. The benefits of drawbacks depends on the nature, timing, direction and sequence of these activities.

Md Gulshad
by Md Gulshad , Officer Operations , SPOTON LOGISTICS PVT LTD

Local procurement has been benefits and at the same time it has some drawbacks too. 

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