POWL (Personal Object Work List)

POWL, or Personal Object Work List, is a type of procurement that enables professional buyers to identify purchase requirements in the form of a list of objects. The list of items can range from products and services to documents and orders. This procurement process provides buyers with a standardized, efficient way to manage their workload and prioritize tasks while ensuring accuracy across all transactions. By utilizing the POWL system, organizations can reduce their cycle time and costs associated with procurement processes, while at the same time increasing visibility into the status of each transaction.