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What is the best procurement management?

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Question added by Shafqat Ismail , Assistant Procurement Specialist , Advanced Engineering Asscoiates International
Date Posted: 2016/01/14
Jahabar Sadiq Ifthikar
by Jahabar Sadiq Ifthikar , Procurement Manager , Compass PMC

I above given information is totally agreed with Sir. Nadeem Asghar answer.

Nadeem Asghar
by Nadeem Asghar , Supply Chain Consultant/Trainer , Independent Practitioner

A Procurement Management System which has its foundations built n following three pillars is expected to give the best results:

  1. Best Value for money
  2. Transparency and Fairness
  3. Economy and Efficiency

Syed Muzammil Syedon''t
by Syed Muzammil Syedon''t , Lead Finance Analyst , Ernst & Young

Getting a required goods or services at right cost at right time from right supplier.

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