Procurement Activities

Frame of work is below

1) Introduction

(Here you define procurement, give the history and evolution of procurement over time)

2) List of Procurement activities

– Purchasing
(Here you define the purchasing activity, specify the difference between Purchasing and Procurement, list and explain all the purchasing steps)

– Consumption management
(Define, develop and explain consumption management)

– Vendor Selection
(Define, explain and list all vendor selection process)

– Contract Negotiation
(Define, explain and list all the contract negotiation process)

– Contract management
(Define, explain and list all the contract management process)

3) Conclusion