Question
Your superior at the Thekwini Municipality has stumbled into a statement from a certain newspaper, the statement read as follows: Currently, procurement is most often
Your superior at the Thekwini Municipality has stumbled into a statement from a certain newspaper, the statement read as follows:
“Currently, procurement is most often used in the sense of public procurement. The purchasing of government entities. In South Africa, ”public procurement" was replaced with “public supply chain management” to indicate a new era in public sector procurement. It is time now to explore the difference between Purchasing, Procurement, and Sourcing.
He felt rather confused by the aforementioned statement and asked you, as a fresh graduate from UNISA to provide clarity
Using practical examples:
Write a brief report to your superior:
The report should provide a clear explanation of an understanding of the differences between purchasing, procurement, and sourcing.
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