ASR (Aquisition Strategy Report)

An Acquisition Strategy Report (ASR) is a document that provides an organization’s proposed plan of action for the procurement of goods or services. The ASR outlines all relevant information related to the sought-after item/service, including the analysis of the requirement, potential suppliers, resources available, associated costs, and potential risks. It also maps out a comprehensive plan covering the entire acquisition process from start to finish. By providing a structured and organized approach to acquisitions, an ASR helps ensure that the process is completed in an efficient and effective manner while minimizing risk along the way.