Purchasing Strategies for Accountability
$19.95 Buy and instantly download this paper now
This paper discusses the formulation of a unified purchasing strategy for a given organization. Particular emphasis is given to the integration of a statement of work (SOW) into the unified purchasing strategy in a way that ensures both optimum performance and contractor compliance. Additionally, the SOW should be organized around a performance orientation and the entire purchasing strategy needs to be integrated into the business strategy of the organization itself.
From the Paper:"Purchasing strategies should, ideally, be linked to overall corporate strategy and organizational objectives as they are outlined by the enterprise's executive leadership. The implication is that purchasing strategies are a component of overall strategy development and not simply tasks that are left to low-level management to simply figure out. The corporate mechanisms that should be utilized to develop purchasing strategies that match these formulaic criteria are use of a steering committee that would outline the project management oriented research, benchmarks and milestones involved in the process as well as formulate a definitive set of objectives (Lowson, 2002)."
Cite this Business Plan:
Purchasing Strategies for Accountability (2006, December 01) Retrieved April 02, 2020, from https://www.academon.com/business-plan/purchasing-strategies-for-accountability-89732/
"Purchasing Strategies for Accountability" 01 December 2006. Web. 02 April. 2020. <https://www.academon.com/business-plan/purchasing-strategies-for-accountability-89732/>