In this 8-minutes video, Trent Morris will answer these following questions that are certainly very helpful for those confused between the difference of Procurement and Purchasing.
- What’s the difference between Procurement and Purchasing?
- Can we use the terms interchangeably?
- Are these always separate functions?
- Category Management – what’s that? What is supplier relationship management? Are they the same thing?
- Where should the Procurement report to within the business structure?
- Is Procurement a good career?
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Thank you Rob, I didn’t know the difference between procurement and purchasing. I got the clarification now.
Thanks for doing this video and highlighting the difference between Procurement & Purchasing.
Seems to cause a lot of confusion doesn’t it Wayne.
Thank you for the clarification between procurement and purchasing.
You’re Welcome!
Sure does Rob. Having gone from a Purchasing role for the past 14 years to a strictly Procurement only role has been a little more eye opening than I first thought it would.
hello
could you please guide me on a book which trains procurement?
There is nothing I would recommend specifically. Just look on Amazon and list by popularity .