Procurement management is the design of seamless value-added processes across organization boundaries to meet the real needs of the end customer.

Question

Quizplus · Accepted Answer

Procurement management primarily focuses on the process of obtaining goods and services from external suppliers through direct purchase or bidding, ensuring the company gets the best possible price and quality to meet its needs, rather than designing processes across organization boundaries.

Procurement Management Is the Design of Seamless Value-Added Processes Across