The 7th RIGHT - The new urgency of buying in the RIGHT WAY
Procurement 101 starts with the basic 5 rights of purchasing. Nowadays, with the growing public pressure for organisations to not only deliver optimal outcomes, but be transparent about the way they have achieved their outcomes, requires procurement teams to ensure they are purchasing in THE RIGHT WAY.
In this new whitepaper, you’ll learn WHY buying in the RIGHT WAY is critical to procurement with examples that illustrate the key drivers;
Pressure from stakeholders to be not only be doing the right thing, but be seen doing the right thing
Demand for higher standards – do the ends justify the means?
Finding a balance between administrative rules versus professional judgement
Avoiding fraud, corruption and bad publicity
Technology enabling organisations to better define their ideal procurement process
Balancing process rigour with optimal outcomes