Procurement Support

Procurement Support

Procurement involves every activity involved in obtaining the goods and services a company needs to support its daily operations, including sourcing, negotiating terms, purchasing items, receiving and inspecting goods as necessary and keeping records of all the steps in the process.

Procurement engineers are often employed at manufacturing facilities. A procurement engineer ensures that a manufacturing facility has all the machines, equipment, spare parts, materials, components, and supplies that it needs to operate. These goods must meet the facility’s quality and performance standards.

Support Operational Requirements and Understand business requirements:-

Buy products and services

  • At the right price
  • From the right source
  • At the right specification that meets users needs
  • In the right quantity.
  • For delivery at the right time.

 

Manage the Procurement Process and the Supply Base Efficiently and Effectively and Identify opportunities where the procurement team adds true value:

  • Evaluation and selection of suppliers.
  • All purchases should go through the approved procurement processes Engineering and other functional inputs are part of this process.
  • Review of specifications or statement of work
  • Review the requirements for the material or service being provided

Effective purchasing strategies involve:

  • Monitoring supply markets and trends (e.g., material price increases, shortages, changes in suppliers) and interpreting the impact of these trends on company strategies
  • Identifying the critical materials and services required to support company strategies in key performance areas, particularly during new product development.
  • Developing supply options and contingency plans that support company plans
    Supporting the organization’s need for a diverse and globally competitive supply base.
We Helped many Businesses in getting more efficient & competitive.
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