Every business or organization has or will need to procure something at some point…
Today’s post is by Margaret Stewart, Director of HR and Administration at SafeSourcing Inc.
Every business or organization has or will need to procure something at some point, whether it is a service, an item for resale, or things that help run your business. Because so many businesses need these things, there have been different ways to go about getting those goods or services. So, how do you procure?
For smaller organizations, purchasing is often done through just one person or a few people, whereas often with larger organizations, they have their own purchasing or procurement teams. However large or small the procurement team is, most procurement is done the same few ways.
First, there can be simple procurement. These can vary in size, but are fairly simple items or services that do not need customized or are standard items. These items are sourced fairly easily and do not require specific details. This can include things such as standard size T-Shirt bags or copy paper.
Second, some items or services may become more complex and can be more challenging to procure. These require more details on the product and it may narrow down the number of vendors that can supply the item. This may include items like beverage cups and their matching lids or IT Equipment.
Lastly, there are highly complex procurement efforts. These are often very detailed goods or services or require very particular qualities. These may be more challenging to find vendors and often require highly detailed specifications. Services such as design or engineering can fall into this category and often requires a great amount of detail on the project.
Despite the different levels of procurement, utilizing a procurement partner like SafeSourcing can help your organization. It doesn’t matter the size of your business or the complexity of your procurement project, a procurement partner has the tools and experience to help you get the good or service you need, often with greater savings than procuring alone.
For more information on how SafeSourcing can help with your procurement needs or on our
Risk Free trial program, please contact a SafeSourcing Customer Service Representative. We have an entire team ready to assist you today.