Strengthening Procurement Management Capacity in Pakistan
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Purchasing management, the process of acquiring goods and services from external sources, plays a key role in ensuring the success of any organization, whether private or governmental. Effective procurement management ensures that organizations get the right goods and services at the right price, quality, quantity and at the right time. In Pakistan, procurement management has been identified as an area that needs improvement to boost the country's economic growth. This article discusses the importance of strengthening Pakistan's procurement management capacity, the challenges that hinder the development of this capacity, and the solutions that can be implemented to meet these challenges.
What is Purchasing Management?
Purchasing management includes a range of activities, s...