AEP (Achievement of Excellence in Procurement)
AEP is an acronym that stands for Achievement of Excellence in Procurement. It refers to the practice of managing purchasing and procurement activities with a focus on efficiency, quality, and effectiveness. AEP-driven procurement activities are designed to maximize value for stakeholders while ensuring compliance with applicable laws and regulations. Professionalism and integrity must be maintained at all times, aiming for excellence in customer service, procurement management system design, product selection/evaluation, price negotiation, supplier/contractor management, post-award administration, and financial performance.
