Knowledge (XXG)

Procurement

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2558:(CPOs) and other procurement executives. The report included the main procurement performance and operational benchmarks that procurement leaders use to gauge the success of their organizations. This report found that the average procurement department manages 60.6% of total enterprise spend. This measure, commonly called "spend under management" or "managed spend", refers to the percentage of total enterprise spend (which includes all direct and indirect spend) that a procurement organization manages or influences. Alternatively, the term may refer to the percentage of addressable spend which is influenced by procurement, "addressable spend" being the expenditure which could potentially be influenced. The average procurement department also achieved an annual saving of 6.7% in the last reporting cycle, sourced 52.6% of its addressable spend, and has a contract compliance rate of 62.6%. A more restrictive definition of "spend under management" includes only expenditure which makes use of preferred supplier contracts and negotiated payment rates and terms. 2519:(CIPS) promotes a model of "five rights", which it suggests are "a traditional formula expressing the basic objectives of procurement and the general criteria by which procurement performance is measured", namely that goods and services purchased should be of the 'right quality', in the 'right quantity', delivered to the 'right place' at the 'right time' and obtained at the 'right price'. CIPS has in the past also offered an alternative listing of the five rights as "buy goods or services of the right quality, in the right quantity, from the right source, at the right time and at the right price. 'Right source' is added as a sixth right in CIPS' 2018 publication, 2264:. The public sector picks the most capable nonprofit or for-profit organizations available to issue the desired good or service to the taxpayers. This produces competition within the private sector to gain these contracts that then reward the organizations that can supply more cost-effective and quality goods and services. Some contracts also have specific clauses to promote working with minority-led, women-owned businesses and/or 1603: 1446: 991: 2355:, but also with the intention to maximizing net benefits for themselves and the wider world. In doing so they must incorporate extrinsic cost considerations into decisions alongside the conventional procurement criteria of price and quality, although in practice the sustainable impacts of a potential supplier's approach are often assessed as a form of quality consideration. 1040: 1319:. The Romans developed a system of supply depots that were located throughout their empire. These depots were stocked with food, weapons, and other supplies that could be quickly distributed to troops in the field. This system helped to ensure that the Roman army was always well-supplied, even when it was fighting far from home. 2527:
of performance where they are "a reflection of the 's ... expectations of the purchasing and supply management function". CIPS distinguishes between "savings", which can reduce budgets, and "cost avoidance", which "attempts to thwart price increases and to keep within budget". Examples of savings as a beneficial outcome include:
1388:(CIPS) recommends involvement of procurement staff and skills from an early stage in the cycle, noting that such "early procurement involvement" can have a beneficial impact on the nature and timing of any approach to market, the specification and the sourcing strategy and supplier selection approach adopted. 2734:
research found that there were 526,200 purchasing manager, buyer and purchasing agent positions in the United States in 2019. Various writers have noted that businesses may reduce the numbers of purchasing staff during a recession along with staff in other business areas, despite a tendency to become
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or green procurement is a process whereby organizations meet their needs for goods, services, works and utilities in a way that achieves value for money on a life-cycle basis while addressing equity principles for sustainable development, therefore benefiting societies and the environment across time
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The preferred provider model also uses a transaction-based economic model, but a key difference between the preferred provider and the other transaction-based models is that the buyer has chosen to move to a supplier relationship where there is an opportunity for the supplier to add incremental value
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Procurement decisions fall along a continuum from simple buying transactions to more complex buyer-supplier collaborations, and the buying behaviour of staff involved in purchasing decision-making has been widely studied. Some purchasing decisions are especially complex. Some writers treat purchasing
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Many writers also refer to procurement as a cyclical process, which commences with a definition of business needs and develops a specification, identifies suppliers and adopted appropriate methods for consulting with them, inviting and evaluating proposals, secures on contract and takes delivery of a
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is a subset of procurement that specifically deals with the ordering and payment of goods and services. Organizational procurement is also referred to as "organizational buying" or "institutional buying", for example in studies of the buying behaviour of staff involved in purchasing decision-making.
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Delivery on savings goals is an important part of the procurement function, but this objective is generally seen as value generation rather than cost reduction. CIPS also notes that securing savings is "one measure of purchasing performance", but argues that savings should only be used as a measure
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process. The process is used to ensure the buyer receives goods, services or works for the best possible price, when aspects such as quality, quantity, time, and location are compared. Procurement is considered sustainable when organizations broadens this framework by meeting their needs for goods,
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Various commentators have made projections regarding the future of procurement. Charlotte Payne, general manager of CIPS in Australia and New Zealand, suggests that "procurement's role in sustainability is going to be massive", while a CIPS general overview anticipates that "there is little chance
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reported in 2019 that, based on a survey of over 300 CPOs in Europe, US, and Asia working across 14 industries, 38% of the staff in the procurement organizations surveyed were women: 60% of CPOs stated that there were more women in their organization than three years previously, while 6% said that
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procurement performers have ROSMA scores two to three times higher than those in the middle two quartiles". A.T. Kearney's report suggests a close match between the self-reported performance of CPOs in the best performing departments and the view of procurement held by the CFO and the organisation
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Procurement is one component of the broader concept of sourcing and acquisition. Typically procurement is viewed as more tactical in nature (the process of physically buying a product or service) and sourcing and acquisition are viewed as more strategic and encompassing. Multiple sourcing business
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Competition is a key component of public procurement which affects the outcomes of the whole process. There is a great amount of competition over public procurements because of the massive amount of money that flows through these systems; It is estimated that approximately eleven trillion
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Joint procurement takes place when two or more organisations share purchasing activities, and therefore has a more specifically buyer-side focus than many examples of collaborative buyer-seller relationships. Companies may decide to work together for the following reasons:
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A basic provider model is transaction-based; it usually has a set price for individual products and services for which there are a wide range of standard market options. Typically these products or services are readily available, with little differentiation in what is
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new asset or accepts performance of a service, manages the ownership of the asset or the delivery of the service and reaches an end-of-life point where the asset becomes due for replacement or the service contract terminates. At this point the cycle would recommence.
1351:(ISM) defines strategic sourcing as the process of identifying sources that could provide needed products or services for the acquiring organization. The term procurement is used to reflect the entire purchasing process or cycle, and not just the tactical components. 1548:
A vested sourcing business model is a hybrid relationship that combines an outcome-based economic model with a relational contracting model. Companies enter into highly collaborative arrangements designed to create and share value for buyers and suppliers above and
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Public procurement is based on the idea that governments should direct their society while giving the private sector the freedom to decide the best practices to produce the desired goods and services. One benefit of public procurement is its ability to cultivate
1541:(or managed services model) is generally a formal, longer-term supplier agreement that combines a relational contracting model with an output-based economic model. It seeks to drive supplier accountability for output-based service-level agreements (SLAs) and/or 2377:(EDI) was a forerunner to electronic procurement, this consisted of standardized transmission of data such as inventories and good required electronically. Schoenherr argues that EDI developed from standardized manifests for deliveries to Berlin during the 2815:
agreement between Nearfield Ltd., Lincoln Nominees Ltd., and other partners, in relation to the utilisation of a bank loan, gave rise to a dispute between the parties regarding the meaning of the word "procure", which was resolved in 2006 by the judge,
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represents a system of organising the roles of staff within a procurement team "in such a way as to focus ... on the supply markets of an organisation", rather than being organised according to the organisation's internal departmental structure.
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have developed a model for assessing the performance of a procurement organisation or the procurement function within a wider organisation, known as ROSMA (Return on Supply Management Assets). According to the 2016 ROSMA Performance Check Report,
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and make the assumption that decision-makers have access to the information they need for their decision. Feldman and Cordozo questioned this approach in a 1969 article, suggesting that industrial buyer decision-making had similarities with
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concerns non-production-related acquisition: a wide variety of goods and services, from standardized items like office supplies and safety equipment to complex and costly products and services like heavy equipment, consulting services, and
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A shared services model is typically an internal organization based on an arms-length outsourcing arrangement. Using this approach, processes are often centralized into an SSO that charges business units or users for the services they
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Ardent Partners published a report in 2011 which presented a comprehensive, industry-wide view into what was happening in the world of procurement at that time by drawing on the experience, performance, and perspective of nearly 250
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the procurement profession has a top-tier group of standout performers, a middle-tier that is delivering value, but performing well below the top tier, and a large group of bottom-quartile performers that add limited value to their
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Procurement activities are also often divided into two distinct categories, direct and indirect spend. Direct spend refers to the production-related procurement that encompasses all items that are part of finished products, such as
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obligation to procure refers to an absolute obligation to ensure that the action is done or the condition is met, for example a contract with a principal supplier may include a clause requiring the company to "procure" that its
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An equity partnership creates a legally binding entity; it can take different legal forms, from buying a supplier (an acquisition), to creating a subsidiary, to equity-sharing joint ventures or entering into cooperative (co-op)
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could "attract, develop and retain" staff in public purchasing roles, focus on performance and "make the most out of the available tools and techniques". Research undertaken in 2020 highlighted the importance of social or
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more dependent on bought-in goods and services as operations contract. For example, US business executive Steve Collins observed that in one major company the purchasing staffbase "was downsized some 30% during the
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Commission Recommendation (EU) 2017/1805 of 3 October 2017 on the professionalisation of public procurement — Building an architecture for the professionalisation of public procurement (Text with EEA relevance)
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the number of women had decreased. The effect of this growing involvement of women in procurement was recognised in the form of "more creativity and innovation", acknowledged by 76% of the CPO's surveyed.
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Betiol, Luciana Stocco; Uehara, Thiago Hector Kanashiro; Laloe, Florence Karine; Appugliese, Gabriela Alem; Adeodato, Sergio; Ramos, Ligia; Neto, Mario Prestes Monzoni (15 December 2015).
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sector, where procurement practice was not well developed and college organisations were relatively small, oversight of procurement by the Director of Finance was a typical arrangement.
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services, works, and utilities in a way that achieves value for money and promotes positive outcomes not only for the organization itself but for the economy, environment, and society.
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An approved provider model uses a transaction-based approach where goods and services are purchased from prequalified suppliers that meet certain performance or other selection criteria.
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all stages of the process of acquiring property or services, beginning with the process for determining a need for property or services and ending with contract completion and closeout.
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more widely, and also notes that weaker performers or "inconsequentials" share a distinct profile marked by lack of "identifiable leadership accountable for procurement's performance.
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Spend under management also contributes to an additional measure of procurement performance or procurement efficiency: procurement operating expense as a percentage of managed spend.
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process is intended to ensure that the buyer receives goods, services, or works at the best possible price when aspects such as quality, quantity, time, and location are compared.
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Personnel who undertake procurement on behalf of an organization may be referred to as procurement officers, professionals or specialists, buyers or supply managers. The US
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into account. On the other hand, the introduction of external regulations concerning accounting practices can affect ongoing buyer-supplier relations in unforeseen manners.
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announced "a programme of mutual support for the local manufacturing of vaccines and medicines" in July 2023 for which a "pooled procurement mechanism" would be required.
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Some writers have observed that there is limited opportunity for women to enter procurement because of stereotypes viewing some roles as not appropriate for women.
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What is the legal effect of a contractual obligation to 'procure' that something happens? How is this affected by adding the qualification 'reasonable endeavours'?
2461:. There are central purchasing bodies in many countries which coordinate joint purchasing activities for public sector organisations. A report commissioned by the 4619: 4231: 3594: 3197: 2516: 1385: 2252:
estimated that public procurement made up about 15% of global GDP. Therefore, government procurement accounts for a substantial part of the global economy.
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In many larger organizations the procurement and supply function is led by a board-level or other senior position such as a Director of Supply Chain or a
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using the ROSMA Performance Check, arguing that it enables a procurement department to "measure and explain procurement and supply's value in terms your
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Independent or third party personnel who undertake procurement or negotiate purchases on behalf of an organization may be called purchasing agents or
3319: 2704:(CFO) or Director of Finance, or the growing need for liaison between the CFO and the procurement function has been recognised. A 2006 report by the 1112:
and public bodies often define processes intended to promote fair and open competition for their business while minimizing risks such as exposure to
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Wilson found that there was some correlation between personality traits and decision-making styles among the Canadian buyers in his research study.
4460: 2977:, vol. 1, issue 1/2, 97-116, accessed 27 January 2021. Salam refers to CSR in a purchasing context as "purchasing social responsibility" (PSR). 2705: 1163:
A company's procurement function, specifically its spending on suppliers, typically accounts for more than half of the company's total budget.
2643:. Staff in managerial positions may be referred to as Purchasing Managers or Procurement Managers. The ISM refers to "the supply profession". 3973: 3930: 3570: 3376: 3049: 2954: 2216: 2028: 1666: 1014: 90: 4425: 3088:
Lewis, M.A. and Roehrich, J.K. (2009), Contracts, relationships and integration: Towards a model of the procurement of complex performance.
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Some aspects of a procurement process may need to be initiated ahead of the majority of the project, for example where there are extensive
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and travel buyers. Part of the work of a corporate travel buyer is the formulation and implementation of a corporate travel policy.
2068: 1869: 1661: 1493: 575: 3449: 2351:. Organizations practicing sustainable procurement meet their needs for goods, services, utilities and works not only on a private 4701: 2682: 2050: 1007: 624: 4058: 3609:"Productivity in Public Procurement - A Case Study of Finland: Measuring the Efficiency and Effectiveness of Public Procurement" 3608: 2970: 2720: 1799: 1348: 1144: 1128: 4219: 4012: 3256: 2636: 2386: 1471: 3883: 4370: 3761:"Impact of the time limits for the receipt of tenders on the number of bidders: evidence from public procurement in Greece" 3243: 1330:"The intelligence and fidelity exercised in the purchase, care and use of railway supplies influences directly the cost of 1091:
process. The term may also refer to a contractual obligation to "procure", i.e. to "ensure" that something is done. When a
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The first record of what would be recognized now as the purchasing department of an industrial operation relates to the
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in the United States was originally called the National Association of Purchasing Agents from its formation in 1915. A
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European Union: Beware The Promise "To Procure": The Risk Of Giving An Inadvertent Guarantee In English Law Contracts
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sourcing, or developing a supply of, a lower quality item at a reduced cost, where the item is still fit for purpose
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There are a number of models along the sourcing continuum: basic provider, approved provider, preferred provider,
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and other associated businesses undertake the same commitments as those contractually imposed on the principal.
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issued a recommendation in October 2017 directed towards the "professionalisation of public procurement" so that
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development, value analysis, supplier market research, negotiation, buying activities, contract administration,
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Public Law 111–350: An Act to enact certain laws relating to public contracts as title 41, United States Code,
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if the value of the procurement exceeds a certain threshold. Government procurement is also the subject of the
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Find the latest supply chain and procurement vacancies in buying, category management, planning and logistics
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Supply Chain News: Annual Research from AT Kearney as Usual Finds Outsized Benefits for Procurement Leaders
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is the purchasing of goods by businesses through the internet or other networked computer connection.
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approach, where the total transaction costs of the actors involved are lower when they work together
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Sustainable procurement: The power of public and private consumption for an inclusive green economy
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Supply Chain News: In times of Reduce Staff in Procurement, New Tool to Help Prioritize the Work
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for themselves or the taxpayers. In 2019, public procurement accounted for approximately 12% of
4441:", American Productivity & Quality Center, published 2 April 2020, accessed 6 January 2022. 2669:
determining and monitoring quantity and timing of deliveries (more commonly in small companies)
1312:. The scribes recorded how much material and how many workers were needed for different tasks. 3969: 3926: 3889: 3813: 3780: 3716: 3677: 3656:"Connecting demand and supply: The role of intermediation in public procurement of innovation" 3576: 3566: 3431: 3372: 3045: 3008: 2950: 2900: 2896: 2805: 2709: 2542: 2173: 1985: 1731: 1704: 1614: 1152: 1092: 1049: 918: 825: 781: 707: 580: 487: 457: 394: 188: 2988: 2439:' case, arguing that certain functions become separate, specialised units in order to obtain 4148: 3961: 3918: 3772: 3708: 3667: 3517: 3509: 3421: 3413: 3364: 3211: 3000: 2724: 2249: 2178: 2143: 1741: 1631: 1511: 1131:
perspective are also likely to require their purchasing activity to take wider societal and
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will understand, using a common financial standard". Findings in 2020 suggested that "top
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Improving Public Procurement Outcomes Review of Tools and the State of the Evidence Base
3402:"Policy instruments for public procurement of innovation: Choice, design and assessment" 2666:
reviewing technical specifications for raw materials, components, equipment or buildings
1155:, traffic, receiving and stores. Federal US legislation defines procurement as including 4670: 4592: 4015:, briefing requested by the IMCO committee, published April 2020, accessed 1 March 2023 3285:
Feldman, W. and Cardozo, R., "The Industrial Revolution and Models of Buyer Behavior",
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Sustainable procurement is a spending and investment process typically associated with
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The politics of bureaucracy: an introduction to comparative public administration
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Purchasing and Supply Chain Management: Analysis, Strategy, Planning and Practice
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should be considered in understanding buyers' decision processes. Three distinct
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and operating and affect the reputations of officers and the profits of owners."
1214: 1188: 1109: 963: 502: 143: 128: 123: 4235: 3332: 3309:, volume 8, number 4 (November 1971), pp. 433-436, accessed on 8 September 2024 2920: 1182:, directly affects the production process of manufacturing firms. In contrast, 1123:
Almost all purchasing decisions include factors such as delivery and handling,
3953: 3910: 3817: 3776: 3580: 2546: 2257: 1975: 1821: 1646: 1166: 1127:, and fluctuations in the prices of goods. Organisations which have adopted a 1077: 56: 3784: 3720: 3681: 3435: 3012: 2719:, although the term "purchasing agent" has a longer and broader history: the 4412: 4131:"Ardent Partners Research - CPO 2011: Innovative Ideas for the Decade Ahead" 3760: 2821: 2748: 2744: 2333: 2008: 1950: 1374: 1301: 1117: 437: 339: 332: 4593:
Disability:INclusive Workplaces – Accessible Technology Procurement Toolkit
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The first record of procurement activities dates back to 3,000 BC when the
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behaviour. Wilson suggested in a 1971 article that an individual buyer's
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that procurement and supply will enter a period of calm any time soon".
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The Evolution of Electronic Procurement: Transforming Business as Usual
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The Evolution of Electronic Procurement: Transforming Business as Usual
3522: 3302: 3004: 2506: â€“ Procurement method where concurrent orders are grouped together 2337: 1756: 1305: 1088: 108: 3807: 3426: 1147:(ISM) defines procurement as an organizational function that includes 3999: 3400:
Georghiou, Luke; Edler, Jakob; Uyarra, Elvira; Yeow, Jillian (2014).
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Rwanda looks to work with Caribbean countries for vaccine production
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A Purchasing or Procurement Manager's responsibilities may include:
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agreeing a reduction in price, obtaining the same item for less cost
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EWHC 2421 (Ch), delivered 9 October 2006, accessed 26 February 2023
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The Cambridge Ancient History, Volume XI: The Roman Empire, 284-337
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buys goods or services through this practice, it is referred to as
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Women in Procurement: Gender Parity is a Key to Better Performance
2607:"Buyer" and "Purchasing agent" redirect here. For other uses, see 2283: 2279: 1178:, components and parts. Direct procurement, which is the focus in 1113: 1080: 911: 73: 3697:"Public procurement and innovation—Resurrecting the demand side" 3184:
The Handling of Railway Supplies: Their Purchase and Disposition
3143:"Supply chain timeline: Procurement - ancient & modern tech" 3073:
A General Model for Understanding Organizational Buying Behavior
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Joint or collaborative procurement is a common practice within
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a trait reflecting a high degree of generalised self-confidence
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Commercial Agents Directive - Termination of Commercial Agency
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Improving procurement in further education colleges in England
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Procurement Operating Expense as a Percentage of Managed Spend
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Formalized acquisition of goods and services has its roots in
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Gu, Tiantian; Sanders, Nada R.; Venkateswaran, Anand (2017).
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software) manages purchasing processes electronically or via
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CIPS Knowledge Works: Category Management, July 2007, page 2
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Kamann D. J. F., van der Vaart T., and de Vries, J. (2004)
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Closing the Skills Gap in Procurement Part 2: The Solution
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or suppliers to provide quality goods at reasonable prices
1377:. Such cases may be referred to as "advance procurement". 4389:, published 21 September 2020, accessed 28 December 2020. 4078:, Chartered Institute of Procurement & Supply, p. 114 3031:, section 111, 4 January 2011, accessed 28 September 2023 2971:
Social responsibility in purchasing: the case of Thailand
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within the skill sets of professional procurement staff.
4567:, published on 26 October 2023, accessed on 22 June 2024 4360:, January/February 2015, page 19, accessed 14 June 2023. 3911:"The Advent of the Internet and Online Reverse Auctions" 2467:
Committee on the Internal Market and Consumer Protection
4498:", updated 10 November 2022, accessed 26 February 2023. 4453:"Lack of opportunities' for women to enter procurement" 4313:"Interview with Chris Holmes, Director of Supply Chain" 3857: 3101:
Caldwell, N.D., Roehrich, J.K. and Davies, A.C. (2009)
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may both purchase and sell on behalf of a third party.
2449:- the argument that actors work together because it is 1418:
have been described in the literature on this subject:
3117:"Walk through the history of the procurement industry" 2700:(CPO). In other cases, procurement is overseen by the 2433:, which they would be unable to exercise independently 2332:
and geographies. Procurement is often conducted via a
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What does the future hold for procurement and supply?
4387:: "Purchasing Managers, Buyers and Purchasing Agents" 4373:", Orpen Franks Solicitors, accessed 2 December 2020. 3952:
Schoenherr, Tobias (2019), Schoenherr, Tobias (ed.),
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Schoenherr, Tobias (2019), Schoenherr, Tobias (ed.),
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RFP released for Coast Guard's heavy polar icebreaker
2500: â€“ Procurement method that looks at many factors 2276:
is spent on public procurement worldwide every year.
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to the buyer's business to meet strategic objectives.
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is the process of locating and agreeing to terms and
4551:, published 11 June 2009, accessed 26 February 2023. 4402:", published 16 May 2010, accessed 29 December 2020. 2891:
A Theory of Incentives in Procurement and Regulation
4411:Australasian Procurement and Construction Council, 4209:, published 10 February 2020, accessed 10 July 2021 3233:, published 5 March 2018, accessed 24 November 2022 4485:", published February 2019, accessed 3 April 2023. 3695:Edler, Jakob; Georghiou, Luke (1 September 2007). 3044:. Harvard Business Review Press. 2022. p. 3. 2888: 2678:supervision of other procurement staff and agents. 4120:, published 24 May 2016, accessed 16 January 2018 3888:. Public Administration and Citizenship Program. 3255:Chartered Institute of Procurement & Supply, 2393:were both forerunners to electronic procurement. 3836:Chatham House – International Affairs Think Tank 3832:"Public Procurement for Sustainable Development" 2989:"CEO Incentives and Customer-Supplier Relations" 4532:Nearfield Ltd v Lincoln Nominees Ltd & Anor 4302:, published 19 July 2021, accessed 11 June 2024 4164:, summary published 2016, accessed 10 July 2021 4089:The Next Frontier in Procurement Transformation 3759:Pliatsidis, Andreas Christos (1 January 2022). 3090:International Journal of Procurement Management 2975:International Journal of Procurement Management 2572: 2517:Chartered Institute of Procurement & Supply 2306:international treaty under the auspices of the 1386:Chartered Institute of Procurement & Supply 1328: 1157: 4032:, published 6 July 2023, accessed 12 July 2023 1401:made in the context of a business aim such as 4613: 3858:"NIGP - The Institute for Public Procurement" 2614:"Buyers" redirects here. For other uses, see 2236:purchases goods, works, and services from an 2210: 1015: 8: 4041:CIPS in partnership with Profex Publishing, 3654:Edler, Jakob; Yeow, Jillian (1 March 2016). 3544:: CS1 maint: multiple names: authors list ( 3500:Mihály, Fazekas; Rene, Blum, Jurgen (2021). 2887:Laffont, Jean-Jacques; Tirole, Jean (1993). 1422:a trait displaying a high need for certainty 3406:Technological Forecasting and Social Change 2949:(5th ed.). Andover: Cengage Learning. 2347:, although it is equally applicable to the 1474:. Unsourced material may be challenged and 4620: 4606: 4598: 4188: 4186: 4002:Conference, 4–7 April 2004, Catania, Italy 3735:"The Office of Federal Procurement Policy" 3593:: CS1 maint: location missing publisher ( 3196:: CS1 maint: location missing publisher ( 3171:. Cambridge University Press. p. 222. 2217: 2203: 1579: 1022: 1008: 38: 4559: 4557: 4294: 4292: 3954:"The Evolution of Electronic Procurement" 3671: 3521: 3425: 3303:Industrial Buyers' Decision-Making Styles 3297: 3295: 1494:Learn how and when to remove this message 4172: 4170: 4149:How to Bring More Spend Under Management 1193: 4137:from the original on 24 September 2011. 3502:"Improving Public Procurement Outcomes" 2879: 2425:, where the group of actors is able to 1593: 41: 4118:How do you optimize addressable spend? 4099: 4097: 3636: 3625: 3586: 3537: 3189: 4268:from the original on 13 December 2016 4013:The EU's Public Procurement Framework 3996:Joint purchasing: theory and practice 2689:Specialist procurement roles include 1344:models and acquisition models exist. 7: 4300:The role of a corporate travel buyer 3063: 3061: 2993:Production and Operations Management 2541:for the same cost, e.g. negotiating 1472:adding citations to reliable sources 1304:managed materials and labor for the 4413:Promoting procurement in the census 3141:Ashcroft, Sean (8 September 2022). 2811:The use of the word "procure" in a 2300:Agreement on Government Procurement 3508:. Policy Research Working Papers. 3475:"How large is public procurement?" 2751:when completing their August 2021 1286:Safety Equipment, spare parts, IT 1211:Maintenance, repair, and operating 1207:Raw material and production goods 25: 4262:"ISM - Supply Management Defined" 4043:Procurement and Supply Operations 3357:Khan, Naushad (11 January 2018). 3182:Kirkman, Marshall Monroe (1887). 1870:International Chamber of Commerce 996:Business and economics portal 27:Acquisition of goods and services 4424:Publications Office of the EU, " 3115:Collins, Georgia (11 May 2022). 3079:, Volume 36, Issue 2, April 1972 2708:in the UK commented that in the 2320:This section is an excerpt from 2315:Sustainable or green procurement 2232:or public procurement is when a 1572:This section is an excerpt from 1522:model and equity partnerships. 1444: 1289:Warehouses, Vehicles, Oil Wells 1038: 989: 4581:Federal Procurement Data System 4319:. 26 April 2019. Archived from 3806:Mihály, Fazekas; Blum, Jurgen. 3360:Public Procurement Fundamentals 2721:Institute for Supply Management 2469:(IMCO) has recommended that EU 1349:Institute for Supply Management 1145:Institute for Supply Management 1129:corporate social responsibility 4563:CIPS Knowledge & Insight, 4543:Coulter, C. and Swinson, M., " 4105:Positions on Practice: Savings 3418:10.1016/j.techfore.2013.09.018 3363:. Emerald Publishing Limited. 3289:, 5 (November 1969), pp. 77-88 3244:What is the Procurement Cycle? 2637:Federal Acquisition Regulation 2387:Material requirements planning 1064:Proposed since September 2024. 1: 4451:Phillips, W. (9 March 2022). 4385:Occupational Outlook Handbook 4045:, 2012, revised 2016, pp. 1-2 3765:Journal of Public Procurement 3307:Journal of Marketing Research 3270:Early Procurement Involvement 2863:Performance Based Contracting 2853:Group purchasing organization 2747:to include the term in their 2579:CIPS promotes organisational 2385:in the 1960s and argues that 1508:performance-based contracting 651:management information system 302:Chief human resources officer 4528:England and Wales High Court 4518:, accessed 26 February 2023. 4382:Bureau of Labor Statistics, 3713:10.1016/j.respol.2007.03.003 3673:10.1016/j.respol.2015.10.010 3565:(7 ed.). New York, NY. 3257:Procurement and Supply Cycle 2945:Weele, Arjan J. van (2010). 2391:Enterprise resource planning 1946:Intellectual property rights 645:Enterprise resource planning 473:Financial statement analysis 32:Procurement (disambiguation) 4549:Morrison & Foerster LLP 3966:10.1007/978-3-319-93985-8_3 3923:10.1007/978-3-319-93985-8_4 3333:"Public procurement - OECD" 3217:, accessed 24 November 2022 2921:"Public procurement - OECD" 2476:On a trans-national scale, 2375:Electronic data interchange 1928:Economic and monetary union 1850:International Monetary Fund 1787:Voluntary export restraints 1219:Capital goods and services 1047:It has been suggested that 4718: 4428:", accessed 28 April 2021. 4251:, accessed 1 December 2020 4238:, accessed 1 December 2020 4222:, accessed 2 February 2021 4091:, accessed 7 December 2022 3259:, accessed 21 January 2021 3246:, accessed 21 January 2021 2732:Bureau of Labor Statistics 2620: 2613: 2606: 2556:chief procurement officers 2413:transaction cost economics 2400: 2363: 2319: 1923:Customs and monetary union 1865:World Customs Organization 1855:International Trade Centre 1571: 29: 4636: 4107:, accessed 21 August 2020 3777:10.1108/JOPP-05-2022-0025 3320:Established Buying Theory 3227:United States Coast Guard 2698:chief procurement officer 2459:public sector procurement 1888:Preferential trading area 1397:decisions as examples of 1201: 1196: 307:Chief information officer 139:Limited liability company 4587:Green public procurement 4357:Inside Supply Management 4341:National Audit Office, " 4065:, accessed 14 March 2017 4056:Procurement Glossary - F 2169:Balassa–Samuelson effect 2164:Ricardian trade theories 2051:Largest consumer markets 1860:World Trade Organization 1428:a need to achieve trait. 1339:Sourcing and acquisition 320:Chief technology officer 254:Mergers and acquisitions 224:Constitutional documents 49:Management of a business 4702:Supply chain management 4666:Request for association 4641:Request for information 4415:, accessed 29 July 2021 4196:, accessed 10 July 2021 4180:, accessed 10 July 2021 4178:ROSMA Performance Check 4076:Contract Administration 3559:Peters, B. Guy (2018). 2858:Procurement outsourcing 2702:chief financial officer 2616:Buyers (disambiguation) 2521:Contract Administration 2453:thing to do these days. 2437:neo-classical economics 2329:Sustainable procurement 2322:Sustainable procurement 2266:state-owned enterprises 2248:countries. In 2021 the 2184:Lerner symmetry theorem 1436:Sourcing business model 1180:supply chain management 1101:or public procurement. 380:Environmental economics 360:International economics 311:Chief marketing officer 297:Chief financial officer 292:Chief operating officer 288:Chief executive officer 249:International trade law 43:Business administration 4398:Supply Chain Digest, " 3635:Cite journal requires 3514:10.1596/1813-9450-9690 3147:supplychaindigital.com 3042:Profit from the Source 2782:Management consultant 2775:Participation of women 2609:Buyer (disambiguation) 2577: 2504:Syndicated procurement 2498:Best value procurement 2381:which were applied by 2371:Electronic procurement 2360:Electronic procurement 2230:Government procurement 2159:Gravity model of trade 2056:Leading trade partners 1961:Government procurement 1762:Exchange rate controls 1606: 1574:Government procurement 1567:Government procurement 1336: 1161: 1133:ethical considerations 1098:government procurement 949:International business 934:Business judgment rule 279:Chief business officer 179:Annual general meeting 159:State-owned enterprise 149:Privately held company 4646:Request for quotation 4589:(European Commission) 4530:(Chancery Division), 4510:Obligation to Procure 4205:Supply Chain Digest, 4061:14 April 2017 at the 4011:European Parliament, 3454:www.oecd-ilibrary.org 3369:10.1108/9781787546059 3287:Journal of Purchasing 3167:Bowman, Alan (2000). 2969:Salam, M. A. (2007), 2895:. MIT Press. p.  2706:National Audit Office 2511:Measuring performance 2353:cost–benefit analysis 2139:Heckscher–Ohlin model 2134:Competitive advantage 2129:Comparative advantage 2016:Trade and development 1777:Countervailing duties 1605: 1369:Acquisition processes 1326:of the 19th century: 1283:Steel, Resin, Rubber 1202:Indirect procurement 625:Customer relationship 561:Business intelligence 523:Financial institution 498:International finance 448:Cash conversion cycle 355:Development economics 316:Chief product officer 64:Management accounting 4661:Request for solution 4651:Request for proposal 4194:What Good Looks Like 4192:A T Kearney (2016), 4162:What good looks like 3274:Procurement Glossary 3077:Journal of Marketing 2663:prices and contracts 2641:Contracting Officers 2568:What Good Looks Like 2447:neo-institutionalism 2154:Intra-industry trade 1882:Economic integration 1832:Economic integration 1827:Economic nationalism 1468:improve this section 1355:Procurement software 1184:indirect procurement 1057:into this article. ( 566:Business development 410:Economic development 172:Corporate governance 69:Financial accounting 30:For other uses, see 3479:blogs.worldbank.org 3213:Advance procurement 3067:Webster, F. E. and 2760:European Commission 2691:construction buyers 2683:Category management 2603:Personnel and roles 2543:extended warranties 2463:European Parliament 2423:resource based view 2419:resource dependence 1782:Anti-dumping duties 1722:Non-tariff barriers 1667:Import substitution 1403:profit maximisation 1199:Direct procurement 976:Business statistics 959:International trade 944:Business operations 640:Electronic business 545:Types of management 433:Financial statement 415:Economic statistics 283:Chief brand officer 239:Corporate liability 154:Sole proprietorship 134:Joint-stock company 4656:Request for tender 4323:on 21 October 2021 4074:Mason, L. (2018), 3838:. 19 November 2020 3121:procurementmag.com 3005:10.1111/poms.12715 2868:Strategic sourcing 2843:Bidder conferences 2749:occupational title 2627:Construction buyer 2421:approach, and the 2149:Economic geography 1956:Competition policy 1752:Technical barriers 1732:Tariff-rate quotas 1677:Trade facilitation 1662:Export orientation 1607: 1416:personality traits 1399:rational behaviour 1357:(often labeled as 1317:military logistics 1241:Industry-specific 1104:Procurement as an 939:Consumer behaviour 741:Product life-cycle 528:Capital management 493:Managerial finance 184:Board of directors 4679: 4678: 4463:on 4 October 2022 4457:Supply Management 4030:Supply Management 3975:978-3-319-93985-8 3932:978-3-319-93985-8 3572:978-0-415-74339-6 3481:. 5 February 2020 3378:978-1-78754-608-0 3242:Delta eSourcing, 3051:978-1-64782-139-5 2956:978-1-4080-1896-5 2806:holding companies 2710:further education 2653:seeking reliable 2397:Joint procurement 2227: 2226: 2174:Linder hypothesis 1986:Emissions trading 1539:performance-based 1504: 1503: 1496: 1324:railway companies 1293: 1292: 1153:inventory control 1093:government agency 1071: 1070: 1066: 1050:Contract awarding 1032: 1031: 919:Business analysis 488:Corporate finance 458:Capital budgeting 395:Knowledge economy 189:Supervisory board 16:(Redirected from 4709: 4622: 4615: 4608: 4599: 4568: 4561: 4552: 4541: 4535: 4525: 4519: 4505: 4499: 4492: 4486: 4479: 4473: 4472: 4470: 4468: 4459:. Archived from 4448: 4442: 4435: 4429: 4422: 4416: 4409: 4403: 4396: 4390: 4380: 4374: 4369:O'Donovan, D., " 4367: 4361: 4352: 4346: 4339: 4333: 4332: 4330: 4328: 4317:NHS Supply Chain 4309: 4303: 4296: 4287: 4284: 4278: 4277: 4275: 4273: 4258: 4252: 4245: 4239: 4229: 4223: 4216: 4210: 4203: 4197: 4190: 4181: 4174: 4165: 4158: 4152: 4145: 4139: 4138: 4127: 4121: 4114: 4108: 4101: 4092: 4085: 4079: 4072: 4066: 4052: 4046: 4039: 4033: 4022: 4016: 4009: 4003: 3998:, International 3992: 3986: 3985: 3984: 3982: 3949: 3943: 3942: 3941: 3939: 3906: 3900: 3899: 3879: 3873: 3872: 3870: 3868: 3854: 3848: 3847: 3845: 3843: 3828: 3822: 3821: 3803: 3797: 3796: 3756: 3750: 3749: 3747: 3745: 3731: 3725: 3724: 3692: 3686: 3685: 3675: 3651: 3645: 3644: 3638: 3633: 3631: 3623: 3621: 3619: 3613: 3605: 3599: 3598: 3592: 3584: 3556: 3550: 3549: 3543: 3535: 3525: 3506:World Bank Group 3497: 3491: 3490: 3488: 3486: 3471: 3465: 3464: 3462: 3460: 3446: 3440: 3439: 3429: 3397: 3391: 3390: 3354: 3348: 3347: 3345: 3343: 3329: 3323: 3316: 3310: 3299: 3290: 3283: 3277: 3266: 3260: 3253: 3247: 3240: 3234: 3224: 3218: 3208: 3202: 3201: 3195: 3187: 3179: 3173: 3172: 3164: 3158: 3157: 3155: 3153: 3138: 3132: 3131: 3129: 3127: 3112: 3106: 3099: 3093: 3086: 3080: 3065: 3056: 3055: 3038: 3032: 3028:Public Contracts 3023: 3017: 3016: 2999:(9): 1705–1727. 2984: 2978: 2967: 2961: 2960: 2942: 2936: 2935: 2933: 2931: 2917: 2911: 2910: 2894: 2884: 2828:Future scenarios 2742: 2725:commercial agent 2650:approving orders 2250:World Bank Group 2219: 2212: 2205: 2179:Leontief paradox 2144:New trade theory 1747:Export subsidies 1632:Balance of trade 1580: 1518:business model, 1512:managed services 1499: 1492: 1488: 1485: 1479: 1448: 1440: 1275:Capital Project 1194: 1125:marginal benefit 1062: 1042: 1041: 1034: 1024: 1017: 1010: 994: 993: 971:Business process 513:Financial market 350:Labour economics 345:Public economics 104:Corporation sole 39: 21: 4717: 4716: 4712: 4711: 4710: 4708: 4707: 4706: 4682: 4681: 4680: 4675: 4632: 4626: 4583:(United States) 4577: 4572: 4571: 4562: 4555: 4542: 4538: 4526: 4522: 4506: 4502: 4493: 4489: 4481:Oliver Wyman, " 4480: 4476: 4466: 4464: 4450: 4449: 4445: 4436: 4432: 4423: 4419: 4410: 4406: 4397: 4393: 4381: 4377: 4368: 4364: 4353: 4349: 4340: 4336: 4326: 4324: 4311: 4310: 4306: 4297: 4290: 4285: 4281: 4271: 4269: 4260: 4259: 4255: 4249:1.603-1 General 4246: 4242: 4230: 4226: 4217: 4213: 4204: 4200: 4191: 4184: 4175: 4168: 4159: 4155: 4146: 4142: 4129: 4128: 4124: 4115: 4111: 4102: 4095: 4086: 4082: 4073: 4069: 4063:Wayback Machine 4053: 4049: 4040: 4036: 4023: 4019: 4010: 4006: 3993: 3989: 3980: 3978: 3976: 3951: 3950: 3946: 3937: 3935: 3933: 3908: 3907: 3903: 3896: 3881: 3880: 3876: 3866: 3864: 3856: 3855: 3851: 3841: 3839: 3830: 3829: 3825: 3805: 3804: 3800: 3758: 3757: 3753: 3743: 3741: 3739:The White House 3733: 3732: 3728: 3701:Research Policy 3694: 3693: 3689: 3660:Research Policy 3653: 3652: 3648: 3634: 3624: 3617: 3615: 3611: 3607: 3606: 3602: 3585: 3573: 3558: 3557: 3553: 3536: 3499: 3498: 3494: 3484: 3482: 3473: 3472: 3468: 3458: 3456: 3448: 3447: 3443: 3399: 3398: 3394: 3379: 3356: 3355: 3351: 3341: 3339: 3331: 3330: 3326: 3317: 3313: 3301:Wilson, D. T., 3300: 3293: 3284: 3280: 3267: 3263: 3254: 3250: 3241: 3237: 3225: 3221: 3209: 3205: 3188: 3181: 3180: 3176: 3166: 3165: 3161: 3151: 3149: 3140: 3139: 3135: 3125: 3123: 3114: 3113: 3109: 3100: 3096: 3092:, 2(2):125–142. 3087: 3083: 3066: 3059: 3052: 3040: 3039: 3035: 3024: 3020: 2986: 2985: 2981: 2968: 2964: 2957: 2944: 2943: 2939: 2929: 2927: 2919: 2918: 2914: 2907: 2886: 2885: 2881: 2876: 2848:Global sourcing 2839: 2830: 2793: 2777: 2740: 2675:upcoming demand 2633: 2619: 2612: 2605: 2581:self-assessment 2513: 2494: 2405: 2399: 2368: 2362: 2357: 2356: 2336:or competitive 2325: 2317: 2312: 2311: 2262:economic growth 2223: 2194: 2193: 2124: 2116: 2115: 2071: 2061: 2060: 2031: 2021: 2020: 1991:Trade sanctions 1941: 1933: 1932: 1893:Free-trade area 1883: 1875: 1874: 1845: 1837: 1836: 1802: 1792: 1791: 1737:Import licenses 1707: 1697: 1696: 1657:Trade diversion 1617: 1577: 1569: 1564: 1520:shared services 1500: 1489: 1483: 1480: 1465: 1449: 1438: 1408:consumer buying 1394: 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1558: 1554: 1550: 1546: 1543:cost reduction 1535: 1531: 1528: 1502: 1501: 1452: 1450: 1443: 1437: 1434: 1430: 1429: 1426: 1423: 1393: 1390: 1370: 1367: 1340: 1337: 1297: 1294: 1291: 1290: 1287: 1284: 1281: 1277: 1276: 1273: 1270: 1267: 1263: 1262: 1259: 1256: 1253: 1249: 1248: 1245: 1242: 1239: 1235: 1234: 1231: 1228: 1225: 1221: 1220: 1217: 1208: 1204: 1203: 1200: 1197: 1140: 1137: 1106:organizational 1069: 1068: 1046: 1044: 1037: 1030: 1029: 1027: 1026: 1019: 1012: 1004: 1001: 1000: 999: 998: 983: 982: 979: 978: 973: 968: 967: 966: 956: 954:Business model 951: 946: 941: 936: 931: 926: 921: 915: 910: 909: 906: 905: 902: 901: 896: 891: 886: 881: 876: 871: 866: 861: 856: 851: 845: 842: 841: 838: 837: 834: 833: 828: 823: 822: 821: 811: 806: 801: 796: 791: 786: 785: 784: 773: 768: 763: 758: 753: 748: 743: 738: 733: 728: 723: 722: 721: 710: 705: 704: 703: 693: 688: 683: 678: 673: 672: 671: 663:Human resource 660: 655: 654: 653: 642: 637: 632: 627: 622: 617: 612: 607: 605:Communications 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4623: 4618: 4616: 4611: 4609: 4604: 4603: 4600: 4594: 4591: 4588: 4585: 4582: 4579: 4578: 4574: 4566: 4560: 4558: 4554: 4550: 4546: 4540: 4537: 4533: 4529: 4524: 4521: 4517: 4513: 4511: 4504: 4501: 4497: 4494:LexisNexis, " 4491: 4488: 4484: 4478: 4475: 4462: 4458: 4454: 4447: 4444: 4440: 4437:Harper, M., " 4434: 4431: 4427: 4421: 4418: 4414: 4408: 4405: 4401: 4395: 4392: 4388: 4386: 4379: 4376: 4372: 4366: 4363: 4359: 4358: 4354:Arnseth, L., 4351: 4348: 4344: 4338: 4335: 4322: 4318: 4314: 4308: 4305: 4301: 4295: 4293: 4289: 4283: 4280: 4267: 4263: 4257: 4254: 4250: 4244: 4241: 4237: 4233: 4228: 4225: 4221: 4215: 4212: 4208: 4202: 4199: 4195: 4189: 4187: 4183: 4179: 4176:CIPS (2016), 4173: 4171: 4167: 4163: 4160:A T Kearney, 4157: 4154: 4150: 4144: 4141: 4136: 4132: 4126: 4123: 4119: 4113: 4110: 4106: 4100: 4098: 4094: 4090: 4084: 4081: 4077: 4071: 4068: 4064: 4060: 4057: 4051: 4048: 4044: 4038: 4035: 4031: 4027: 4021: 4018: 4014: 4008: 4005: 4001: 3997: 3991: 3988: 3977: 3971: 3967: 3963: 3959: 3955: 3948: 3945: 3934: 3928: 3924: 3920: 3916: 3912: 3905: 3902: 3897: 3895:9788587426314 3891: 3887: 3886: 3878: 3875: 3863: 3859: 3853: 3850: 3837: 3833: 3827: 3824: 3819: 3815: 3811: 3810: 3802: 3799: 3794: 3790: 3786: 3782: 3778: 3774: 3770: 3766: 3762: 3755: 3752: 3740: 3736: 3730: 3727: 3722: 3718: 3714: 3710: 3706: 3702: 3698: 3691: 3688: 3683: 3679: 3674: 3669: 3665: 3661: 3657: 3650: 3647: 3642: 3629: 3610: 3604: 3601: 3596: 3590: 3582: 3578: 3574: 3568: 3564: 3563: 3555: 3552: 3547: 3541: 3533: 3529: 3524: 3519: 3515: 3511: 3507: 3503: 3496: 3493: 3480: 3476: 3470: 3467: 3455: 3451: 3445: 3442: 3437: 3433: 3428: 3423: 3419: 3415: 3411: 3407: 3403: 3396: 3393: 3388: 3384: 3380: 3374: 3370: 3366: 3362: 3361: 3353: 3350: 3338: 3334: 3328: 3325: 3321: 3315: 3312: 3308: 3304: 3298: 3296: 3292: 3288: 3282: 3279: 3275: 3271: 3265: 3262: 3258: 3252: 3249: 3245: 3239: 3236: 3232: 3228: 3223: 3220: 3216: 3214: 3210:Law Insider, 3207: 3204: 3199: 3193: 3185: 3178: 3175: 3170: 3163: 3160: 3148: 3144: 3137: 3134: 3122: 3118: 3111: 3108: 3104: 3098: 3095: 3091: 3085: 3082: 3078: 3074: 3070: 3064: 3062: 3058: 3053: 3047: 3043: 3037: 3034: 3030: 3029: 3022: 3019: 3014: 3010: 3006: 3002: 2998: 2994: 2990: 2983: 2980: 2976: 2972: 2966: 2963: 2958: 2952: 2948: 2941: 2938: 2926: 2922: 2916: 2913: 2908: 2906:9780262121743 2902: 2898: 2893: 2892: 2883: 2880: 2873: 2869: 2866: 2864: 2861: 2859: 2856: 2854: 2851: 2849: 2846: 2844: 2841: 2840: 2836: 2834: 2827: 2825: 2823: 2819: 2814: 2813:joint venture 2809: 2807: 2803: 2798: 2791:Legal aspects 2790: 2788: 2785: 2780: 2774: 2772: 2770: 2769:"soft" skills 2765: 2764:Member States 2761: 2756: 2754: 2750: 2746: 2738: 2733: 2728: 2726: 2722: 2718: 2717:buying agents 2713: 2711: 2707: 2703: 2699: 2694: 2692: 2687: 2684: 2677: 2674: 2671: 2668: 2665: 2662: 2659: 2656: 2652: 2649: 2648: 2647: 2644: 2642: 2638: 2632: 2628: 2624: 2623:Fashion buyer 2617: 2610: 2602: 2600: 2597: 2594: 2590: 2586: 2582: 2576: 2571: 2569: 2564: 2559: 2557: 2548: 2545:, additional 2544: 2540: 2536: 2533: 2530: 2529: 2528: 2524: 2522: 2518: 2510: 2505: 2502: 2499: 2496: 2495: 2491: 2489: 2487: 2483: 2479: 2474: 2472: 2471:Member States 2468: 2464: 2460: 2452: 2448: 2445: 2442: 2438: 2435: 2432: 2428: 2424: 2420: 2417: 2414: 2411: 2410: 2409: 2404: 2403:Joint venture 2396: 2394: 2392: 2388: 2384: 2380: 2376: 2372: 2367: 2366:E-procurement 2359: 2354: 2350: 2346: 2345:public policy 2342: 2339: 2335: 2330: 2323: 2314: 2309: 2305: 2301: 2297: 2293: 2292:protectionism 2289: 2285: 2281: 2277: 2275: 2269: 2267: 2263: 2259: 2253: 2251: 2247: 2243: 2239: 2235: 2231: 2220: 2215: 2213: 2208: 2206: 2201: 2200: 2198: 2197: 2190: 2187: 2185: 2182: 2180: 2177: 2175: 2172: 2170: 2167: 2165: 2162: 2160: 2157: 2155: 2152: 2150: 2147: 2145: 2142: 2140: 2137: 2135: 2132: 2130: 2127: 2126: 2120: 2119: 2112: 2109: 2107: 2104: 2102: 2099: 2097: 2094: 2092: 2089: 2087: 2086:United States 2084: 2082: 2079: 2077: 2076:Trade mission 2074: 2073: 2070: 2065: 2064: 2057: 2054: 2052: 2049: 2047: 2044: 2042: 2039: 2037: 2034: 2033: 2030: 2025: 2024: 2017: 2014: 2010: 2007: 2005: 2002: 2000: 1997: 1996: 1994: 1992: 1989: 1987: 1984: 1982: 1981:Trade justice 1979: 1977: 1974: 1972: 1971:Globalization 1969: 1967: 1964: 1962: 1959: 1957: 1954: 1952: 1949: 1947: 1944: 1943: 1937: 1936: 1929: 1926: 1924: 1921: 1919: 1916: 1914: 1911: 1909: 1908:Single market 1906: 1904: 1903:Customs union 1901: 1899: 1896: 1894: 1891: 1889: 1886: 1885: 1879: 1878: 1871: 1868: 1866: 1863: 1861: 1858: 1856: 1853: 1851: 1848: 1847: 1844:Organizations 1841: 1840: 1833: 1830: 1828: 1825: 1823: 1820: 1818: 1817:Laissez-faire 1815: 1813: 1812:Protectionism 1810: 1808: 1805: 1804: 1801: 1796: 1795: 1788: 1785: 1783: 1780: 1778: 1775: 1773: 1770: 1768: 1765: 1763: 1760: 1758: 1755: 1753: 1750: 1748: 1745: 1743: 1740: 1738: 1735: 1733: 1730: 1728: 1727:Import quotas 1725: 1723: 1720: 1718: 1715: 1713: 1710: 1709: 1706: 1701: 1700: 1693: 1690: 1688: 1685: 1683: 1680: 1678: 1675: 1673: 1672:Trade finance 1670: 1668: 1665: 1663: 1660: 1658: 1655: 1653: 1650: 1648: 1645: 1643: 1640: 1638: 1635: 1633: 1630: 1628: 1625: 1623: 1620: 1619: 1616: 1611: 1610: 1604: 1600: 1599: 1596: 1592: 1589: 1587: 1582: 1581: 1575: 1566: 1561: 1557:arrangements. 1555: 1551: 1547: 1544: 1540: 1536: 1532: 1529: 1525: 1524: 1523: 1521: 1517: 1513: 1509: 1498: 1495: 1487: 1477: 1473: 1469: 1463: 1462: 1458: 1453:This section 1451: 1447: 1442: 1441: 1435: 1433: 1427: 1424: 1421: 1420: 1419: 1417: 1413: 1409: 1404: 1400: 1391: 1389: 1387: 1382: 1378: 1376: 1368: 1366: 1364: 1360: 1359:e-procurement 1356: 1352: 1350: 1345: 1338: 1335: 1333: 1327: 1325: 1320: 1318: 1313: 1311: 1307: 1303: 1295: 1288: 1285: 1282: 1279: 1278: 1274: 1271: 1268: 1265: 1264: 1260: 1257: 1254: 1251: 1250: 1246: 1243: 1240: 1237: 1236: 1232: 1229: 1226: 1223: 1222: 1218: 1216: 1212: 1209: 1206: 1205: 1198: 1195: 1192: 1190: 1185: 1181: 1177: 1176:raw materials 1171: 1168: 1164: 1160: 1156: 1154: 1150: 1149:specification 1146: 1138: 1136: 1134: 1130: 1126: 1121: 1119: 1115: 1111: 1107: 1102: 1100: 1099: 1094: 1090: 1086: 1082: 1079: 1075: 1065: 1060: 1056: 1052: 1051: 1045: 1036: 1035: 1025: 1020: 1018: 1013: 1011: 1006: 1005: 1003: 1002: 997: 992: 987: 986: 985: 984: 977: 974: 972: 969: 965: 962: 961: 960: 957: 955: 952: 950: 947: 945: 942: 940: 937: 935: 932: 930: 929:Business plan 927: 925: 922: 920: 917: 916: 913: 908: 907: 900: 897: 895: 892: 890: 887: 885: 882: 880: 877: 875: 872: 870: 867: 865: 862: 860: 859:Communication 857: 855: 852: 850: 847: 846: 840: 839: 832: 829: 827: 824: 820: 819:administrator 817: 816: 815: 812: 810: 807: 805: 802: 800: 797: 795: 792: 790: 787: 783: 780: 779: 777: 774: 772: 769: 767: 764: 762: 759: 757: 754: 752: 749: 747: 744: 742: 739: 737: 734: 732: 729: 727: 724: 720: 717: 716: 714: 711: 709: 706: 702: 701:administrator 699: 698: 697: 694: 692: 689: 687: 684: 682: 679: 677: 674: 670: 667: 666: 664: 661: 659: 656: 652: 649: 648: 646: 643: 641: 638: 636: 633: 631: 628: 626: 623: 621: 618: 616: 613: 611: 610:Configuration 608: 606: 603: 599: 596: 595: 594: 591: 587: 584: 583: 582: 579: 577: 574: 572: 569: 567: 564: 562: 559: 557: 554: 552: 549: 548: 542: 541: 534: 531: 529: 526: 524: 521: 519: 516: 514: 511: 509: 506: 504: 501: 499: 496: 494: 491: 489: 486: 484: 481: 479: 476: 474: 471: 469: 466: 464: 461: 459: 456: 454: 451: 449: 446: 444: 441: 439: 436: 434: 431: 430: 424: 423: 416: 413: 411: 408: 406: 403: 401: 398: 396: 393: 391: 388: 386: 383: 381: 378: 376: 373: 371: 368: 366: 365:Mixed economy 363: 361: 358: 356: 353: 351: 348: 346: 343: 341: 338: 337: 334: 329: 328: 321: 317: 314: 312: 308: 305: 303: 300: 298: 295: 293: 289: 286: 284: 280: 277: 275: 272: 271: 268: 263: 262: 255: 252: 250: 247: 245: 242: 240: 237: 235: 232: 230: 227: 225: 222: 220: 217: 216: 213: 212:Corporate law 208: 207: 200: 197: 195: 192: 190: 187: 185: 182: 180: 177: 176: 173: 168: 167: 160: 157: 155: 152: 150: 147: 145: 142: 140: 137: 135: 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Retrieved 3120: 3110: 3103:Title needed 3102: 3097: 3089: 3084: 3076: 3041: 3036: 3027: 3021: 2996: 2992: 2982: 2974: 2965: 2946: 2940: 2928:. Retrieved 2925:www.oecd.org 2924: 2915: 2890: 2882: 2831: 2810: 2802:subsidiaries 2794: 2784:Oliver Wyman 2781: 2778: 2757: 2729: 2714: 2695: 2688: 2681: 2645: 2634: 2598: 2578: 2573: 2567: 2563:A.T. Kearney 2561:Consultants 2560: 2552: 2525: 2520: 2514: 2475: 2456: 2450: 2431:market power 2429:a resource, 2426: 2406: 2369: 2327: 2304:plurilateral 2270: 2254: 2238:organization 2228: 1999:Currency war 1918:Fiscal union 1807:Mercantilism 1705:Restrictions 1583: 1505: 1490: 1481: 1466:Please help 1454: 1431: 1395: 1383: 1379: 1372: 1353: 1346: 1342: 1332:construction 1329: 1321: 1314: 1299: 1272:Unscheduled 1255:Operational 1172: 1165: 1162: 1158: 1142: 1122: 1110:Corporations 1103: 1096: 1073: 1072: 1063: 1048: 849:Architecture 843:Organization 809:Supply chain 635:Earned value 508:Stock market 385:Open economy 375:Econometrics 114:Conglomerate 36: 4692:Procurement 4629:Procurement 4516:Law Insider 4147:Britt, H., 4024:Allen, A., 3981:4 September 3938:4 September 3867:16 November 3523:10986/35727 2818:Peter Smith 2797:contractual 2673:forecasting 2661:negotiating 2547:spare parts 2539:added value 2492:Other types 2290:, or local 2278:To prevent 2004:Trade costs 1966:Outsourcing 1682:Trade route 1595:World trade 1412:personality 1215:outsourcing 1189:outsourcing 1074:Procurement 964:Trade route 879:Engineering 874:Development 726:Performance 669:development 630:Distributed 503:Liquidation 144:Partnership 129:Corporation 124:Cooperative 4686:Categories 4327:3 December 3818:1289178042 3581:1002302064 3427:2086/14702 3318:Bell, S., 3215:definition 3186:. Chicago. 2874:References 2639:refers to 2621:See also: 2537:obtaining 2401:See also: 2288:corruption 2258:innovation 2069:By country 1976:Fair trade 1822:Free trade 1772:Safeguards 1647:Trade bloc 1642:Trade pact 1484:April 2023 1375:lead times 1269:Scheduled 1261:Strategic 1213:supplies, 1191:services. 1167:Purchasing 1078:purchasing 831:Technology 713:Operations 593:Commercial 586:innovation 576:Capability 468:Derivative 57:Accounting 4467:4 October 4116:Jaggaer, 3793:253312170 3785:2150-6930 3721:0048-7333 3682:0048-7333 3618:7 October 3589:cite book 3532:236331814 3485:8 October 3436:0040-1625 3387:115362081 3192:cite book 3013:1937-5956 2822:guarantee 2745:Australia 2737:recession 2334:tendering 2302:(GPA), a 2091:Argentina 2009:Trade war 1951:Smuggling 1637:Trade law 1455:does not 1302:Egyptians 1280:Examples 1258:Tactical 1224:Quantity 1118:collusion 899:Structure 884:Hierarchy 804:Strategic 691:Materials 681:Knowledge 658:Financial 598:Marketing 443:Factoring 438:Insurance 340:Commodity 333:Economics 4631:requests 4266:Archived 4135:Archived 4059:Archived 3842:15 March 3744:13 April 3459:10 March 3412:: 1–12. 3342:22 April 3152:3 August 3126:3 August 3069:Wind, Y. 2930:22 April 2837:See also 2755:return. 2593:quartile 2482:Barbados 2096:Pakistan 1586:a series 1584:Part of 1545:targets. 1527:offered. 1306:pyramids 1266:Process 1139:Overview 1085:services 889:Patterns 869:Conflict 854:Behavior 794:Security 771:Resource 756:Property 719:services 676:Incident 615:Conflict 571:Capacity 274:Chairman 229:Contract 18:Procures 2655:vendors 2443:effects 2338:bidding 2296:tenders 2106:Vietnam 2101:Romania 2046:Tariffs 2041:Exports 2036:Imports 1800:History 1767:Embargo 1757:Bribery 1717:Tariffs 1549:beyond. 1514:model, 1476:removed 1461:sources 1310:scribes 1296:History 1252:Nature 1089:bidding 1059:Discuss 864:Culture 814:Systems 799:Service 778:  766:Records 761:Quality 751:Project 746:Product 736:Process 715:  696:Network 665:  647:  620:Content 427:Finance 109:Company 4272:6 July 4103:CIPS, 4054:CIPS, 4000:IPSERA 3972:  3929:  3892:  3816:  3791:  3783:  3719:  3680:  3579:  3569:  3530:  3450:"Home" 3434:  3385:  3375:  3048:  3011:  2953:  2903:  2753:census 2631:Broker 2629:, and 2486:Rwanda 2478:Guyana 2427:create 2383:DuPont 2123:Theory 1940:Issues 1627:Export 1622:Import 1615:Policy 1516:vested 1308:using 1238:Value 1227:Large 1055:merged 826:Talent 782:crisis 708:Office 581:Change 4247:FAR, 4087:GEP, 3789:S2CID 3612:(PDF) 3528:S2CID 3383:S2CID 2441:scale 2284:waste 2280:fraud 2111:India 2029:Lists 1247:High 1114:fraud 1081:goods 912:Trade 894:Space 789:Sales 731:Power 686:Legal 556:Brand 551:Asset 74:Audit 4469:2022 4329:2020 4274:2023 4232:CIPS 3983:2021 3970:ISBN 3940:2021 3927:ISBN 3890:ISBN 3869:2016 3844:2021 3814:OCLC 3781:ISSN 3746:2022 3717:ISSN 3678:ISSN 3641:help 3620:2022 3595:link 3577:OCLC 3567:ISBN 3546:link 3487:2020 3461:2022 3432:ISSN 3373:ISBN 3344:2022 3198:link 3154:2024 3128:2024 3046:ISBN 3009:ISSN 2951:ISBN 2932:2022 2901:ISBN 2758:The 2587:and 2549:etc. 2515:The 2484:and 2389:and 2260:and 2246:OECD 1995:War 1553:use. 1459:any 1457:cite 1384:The 1347:The 1244:Low 1233:Low 1230:Low 1143:The 1116:and 776:Risk 91:list 4547:", 4514:", 3962:doi 3919:doi 3773:doi 3709:doi 3668:doi 3518:hdl 3510:doi 3422:hdl 3414:doi 3365:doi 3001:doi 2730:US 2589:CEO 2585:CFO 2465:'s 2451:the 2308:WTO 2274:USD 2268:. 2244:in 2242:GDP 1692:Tax 1470:by 1053:be 518:Tax 4688:: 4556:^ 4455:. 4315:. 4291:^ 4264:. 4234:, 4185:^ 4169:^ 4133:. 4096:^ 4028:, 3968:, 3956:, 3925:, 3913:, 3860:. 3834:. 3812:. 3787:. 3779:. 3769:22 3767:. 3763:. 3737:. 3715:. 3705:36 3703:. 3699:. 3676:. 3664:45 3662:. 3658:. 3632:: 3630:}} 3626:{{ 3591:}} 3587:{{ 3575:. 3542:}} 3538:{{ 3526:. 3516:. 3504:. 3477:. 3452:. 3430:. 3420:. 3410:86 3408:. 3404:. 3381:. 3371:. 3335:. 3305:, 3294:^ 3272:, 3229:, 3194:}} 3190:{{ 3145:. 3119:. 3075:, 3071:, 3060:^ 3007:. 2997:26 2995:. 2991:. 2973:, 2923:. 2899:. 2804:, 2795:A 2625:, 2570:, 2523:. 2480:, 2286:, 2282:, 1588:on 1537:A 1510:, 1365:. 1120:. 1083:, 4621:e 4614:t 4607:v 4507:" 4471:. 4331:. 4276:. 3964:: 3921:: 3898:. 3871:. 3846:. 3820:. 3795:. 3775:: 3748:. 3723:. 3711:: 3684:. 3670:: 3643:) 3639:( 3622:. 3597:) 3583:. 3548:) 3534:. 3520:: 3512:: 3489:. 3463:. 3438:. 3424:: 3416:: 3389:. 3367:: 3346:. 3200:) 3156:. 3130:. 3105:. 3054:. 3015:. 3003:: 2959:. 2934:. 2909:. 2897:1 2741:' 2618:. 2611:. 2324:. 2310:. 2218:e 2211:t 2204:v 1576:. 1497:) 1491:( 1486:) 1482:( 1478:. 1464:. 1061:) 1023:e 1016:t 1009:v 318:/ 309:/ 290:/ 281:/ 93:) 89:( 34:. 20:)

Index

Procures
Procurement (disambiguation)
Business administration
Accounting
Management accounting
Financial accounting
Audit
Business entity
list
Corporate group
Corporation sole
Company
Conglomerate
Holding company
Cooperative
Corporation
Joint-stock company
Limited liability company
Partnership
Privately held company
Sole proprietorship
State-owned enterprise
Corporate governance
Annual general meeting
Board of directors
Supervisory board
Advisory board
Audit committee
Corporate law
Commercial law

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.

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