BUILD · Operations / Module 5 of 6Locked
M16
Procurement
Buying happens informally, by whoever needs something, on whatever terms the supplier offers.
Why this module matters
Procurement discipline protects margin, because the business pays consistently fair prices. It protects cash, because it pays only for what was ordered and received. It reduces the risk of fraud. And it builds supplier relationships that are grounded in reliable terms, which matters when the business needs supplier support in a difficult period.
Inside this module
- A business case to work through, and the decision it forces
- The business problem and why it matters, in full
- The concept and a practical framework for the analysis
- Diagnostic questions for your own business
- A step-by-step worked example with real numbers
- An interactive template: Purchasing policy template
- How to interpret your results and record your decision
- An editable action plan and a management routine to keep the change alive
This preview shows what the module covers. The full module opens with access to the BUILD category (Build: put the right systems, people and processes in place.): USD 118.80 · KES 15,444.00.
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