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Summary of procurement

 Definition of procurement
 Definition of public procurement
 Objectives of public procurement
 Objective of procurement where its divided into 2 categories such as managerial and operation
 The objectives of procurement in operational
 Relationships between various aspect
1. Procurement and production
2. Procurement and finance
3. Procurement and Engineering
4. Procurement and marketing
5. Procurement and transportation
 Types of procurement
1. Purchasing for resale
2. Purchasing for consumption/ conversion
 Classes of buyer/purchase
 The procurement cycle in different daily activities
1. Pre order stage
2. Order stage
3. Post order stage

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