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  2. Chief procurement officer - Wikipedia

    en.wikipedia.org/wiki/Chief_procurement_officer

    A chief procurement officer (CPO) undertakes an executive role within an enterprise, focusing on sourcing, procurement, and supply management. Typically, a CPO is responsible for the management, administration, and supervision of the company's acquisition programs.

  3. Procurement - Wikipedia

    en.wikipedia.org/wiki/Procurement

    A Purchasing or Procurement Manager's responsibilities may include: approving orders; seeking reliable vendors or suppliers to provide quality goods at reasonable prices; negotiating prices and contracts; reviewing technical specifications for raw materials, components, equipment or buildings

  4. Responsibility assignment matrix - Wikipedia

    en.wikipedia.org/wiki/Responsibility_assignment...

    In business and project management, a responsibility assignment matrix [1] (RAM), also known as RACI matrix [2] (/ ˈ r eɪ s i /; responsible, accountable, consulted, and informed) [3] [4] or linear responsibility chart [5] (LRC), is a model that describes the participation by various roles in completing tasks or deliverables [4] for a project or business process.

  5. Government procurement in the United States - Wikipedia

    en.wikipedia.org/wiki/Government_procurement_in...

    In regard to states' procurement, an example of support for overseas suppliers' market access was a roundtable on government procurement and commercial opportunities held in North Carolina in November 2023, where North Carolina officials shared insights into how British companies could engage in North Carolina's procurement processes. [22]

  6. Purchasing - Wikipedia

    en.wikipedia.org/wiki/Purchasing

    Purchasing managers realized once contracts for the low dollar value consumables are in place, procurement can take a smaller role in the operation and use of the contracts. There is still oversight in the forms of audits and monthly statement reviews, but most of their time is now available to negotiate major purchases and setting up of other ...

  7. Engineering, procurement, and construction - Wikipedia

    en.wikipedia.org/wiki/Engineering,_procurement...

    These firms play a crucial role in delivering complex projects on time and within budget. Various abbreviations used for this type of contract are LSTK for lump sum turn key, EPIC for engineering, procurement, installation & commissioning and EPCC for engineering, procurement, construction and commissioning.

  8. Supplier relationship management - Wikipedia

    en.wikipedia.org/wiki/Supplier_relationship...

    Such individuals often sit within the business unit that interacts most frequently with that supplier, or may be filled by a category manager in the procurement function. This role can be a full-time, dedicated positions, although relationship management responsibilities may be part of broader roles depending on the complexity and importance of ...

  9. Indirect procurement - Wikipedia

    en.wikipedia.org/wiki/Indirect_procurement

    Indirect procurement is the sourcing of goods and services not related to manufacturing for a business to enable it to maintain and develop its operations. The goods and services classified under the umbrella of indirect procurement are commonly bought for consumption by internal stakeholders (business units or functions) rather than the external customer or client.

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