Procurement is the sum total of effort that goes into discovering and acquiring the supplies an organization requires to function effectively. This includes sourcing for supplies, sealing contracts, managing suppliers, and settling supplier invoices as and when due.

Unlike how similar it sounds, procurement goes far beyond just purchasing supplies needed to run your organization’s day-to-day operations. Rather, procurement is concerned with what happens end-to-end, from the moment an organization determines a supply is needed until the required infrastructure to deliver and keep delivering it is made available.

Procurement and Supply Chain programme explores key concepts forming the basis of procurement and supply chain management and moves through leading-edge issues that confront organizations today.