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Procurement Organization Structure

oboloo Glossary

Procurement Organization Structure

The official business definition of Procurement Organization Structure is a framework that outlines the roles and responsibilities of individuals and teams within an organization responsible for the acquisition of goods and services. It is designed to ensure that all procurement activities are conducted in an efficient and effective manner. The structure typically includes the roles of the procurement manager, buyers, and other staff involved in the procurement process. It also defines the reporting relationships between these individuals and teams, and outlines the processes and procedures that need to be followed in order to complete the procurement process. Additionally, the structure may also include the roles of external suppliers and vendors, and the processes and procedures that need to be followed when dealing with them. The structure should be designed to ensure that all procurement activities are conducted in a timely and cost-effective manner, while still providing the highest quality of goods and services.

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