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Supply Chain: Purchasing & Procurement

Focus on purchasing, materials management and logistics

About Procurement and Purchasing

Institute of Supply Management (ISM) explains the difference between procurement and purchasing: 

Procurement is an organizational function that includes specifications development, value analysis, supplier market research, negotiation, buying activities, contract administration, inventory control, traffic, receiving and stores.  Purchasing refers to the major function of an organization that is responsible for acquisition of required materials, services and equipment.

Source: Institute of Supply Management. Supply Management Defined. 2010

Supply Chain and Procurement Guidebooks

Bids & Contracts

Refer to the Purchasing Guidebooks for more information about the purchasing bid solicitation process and drafting contracts.

Examples of RFPs, RFQs, ITB or contracts for various products and services are frequently posted on local government websites. Use Google to search for document samples:

  • Oracle ERP RFP site:.gov

  • HVAC  "statement of work" site:.gov

Managing Procurement and Purchasing

Product Cost Driver Identification

Knowledge required for cost driver identification and optimal results in contract negotiations

Benchmarks & Indicators