Introduction to Procurement Management
| Institution | MASENO UNIVERSITY |
| Course | Procurement |
| Year | 1st Year |
| Semester | Unknown |
| Posted By | Mwalimu Evans Okoyo. |
| File Type | |
| Pages | 32 Pages |
| File Size | 799.56 KB |
| Views | 9094 |
| Downloads | 0 |
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Description
For the purpose of this course, the term 'procurement‘ will be used in place of the term purchasing and supply management, which implies the acquisition of goods and services in return for a monetary or equivalent payment. The term 'procurement‘, as it is used in the course, is the process of obtaining goods or services in any way, including borrowing, leasing and even force or pillage (Lyson and Farrington, 2006), in a wider context of supply management relevant to today‘s business practices.
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