26 Unit Objectives

Unit Objectives

By the end of Unit 2, you should be able to:

1.  Explain the various procurement organisational designs, their advantages and disadvantages.

2.  Describe the main activities of a typical Procurement function and steps in the procurement cycle.

3.  Describe the intervention of technologies in the purchasing process and their advantages and challenges.

4.  Describe online sourcing in the e-marketplace and issues with online auctions.

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