Procurement Policy

AZERBAIJAN STATE OIL ACADEMY RESEARCH PAPER: PROCUREMENT policy INSTRUCTOR: ELMAR REHIMOV STUDENT: GULSHEN MEHTIYEVA CONTENTS * INTRODUCTION * PURPOSE * OBJECTIVES * PROCUREMENT METHODS * SUPPLIER PORTAL * PURCHASING PROCUREMENT * assure AND PROCUREMENT POLICY * CONCLUSION INTRODUCTION A procural policy is simply the rules and regulations that are set in place to govern the process of acquiring goods and work needed by an organization to function efficiently. The remove process will seek to minimize expenses associated with the purchase of those goods and services by using such strategies as volume get, the ecesis of a set roster of vendors, and establishing re evidence protocols that help to abide by inventories low without jeopardizing the function of the operation. Both small and wide companies as well as non-profit organizations routinely compel use of both(prenominal) sort of procurement policy. There is no one adjust way to establish a procurement policy.

Factors such as the size of the business, the availability of vendors to supply necessary goods and services, and the cash period and credit of the company will often influence the purchasing procurement approach. The size of the company is also likely to make a difference in the formation of procurement policy, in that a small company may not be able to command the volume purchase discounts that a large corporation push aside manage with relative ease. PURPOSE The purpose of the procurement policy is to create an enabling environment for Small, Micro, Medium, Enterprises to participate in the market. It is also important to ensure that through the programme implemented for local anaesthetic Economic Development there are projects to assist the SMMEs to relegate in a variety of areas. The purpose of the policy can be summed as follows:- * To provide a framework inside which the principle of... If you want to get a full essay, order it on our website: Ordercustompaper.com

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