This course will discuss the various ways to procure goods and services, and when each method is most appropriate. When does it make sense to buy equipment based on lowest bid? When should one use best value procurement and consider factors other than cost? The importance of good product specifications and work scopes will be covered, along with strategies for evaluating one product against another. Many organizations employ leading technology to aid them in procurement, such as e-procurement and shopping basket technology that saves both time and money.
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