Purchasing and Supply

Purchasing and Supply

Purchasing and Supply can have several different definitions. According to the Institute for Supply Management (ISM) [http://www.ism.ws] , purchasing is defined as a major function of an organization that is responsible for acquisition of required materials, services, and equipment.


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  • Chartered Institute of Purchasing and Supply — The Chartered Institute of Purchasing and Supply (CIPS) is a UK based international organisation working for the purchasing and supply professions. It promotes good practice and provides services for the benefit of members and the wider business… …   Wikipedia

  • NHS Purchasing and Supply Agency — The NHS Purchasing and Supply Agency was an executive agency of the Department of Health (DH) in the United Kingdom. It was the purchasing arm of the National Health Service in England and had main offices in Chester and Reading. The Agency was… …   Wikipedia

  • purchasing and supply management — See supply chain management …   Big dictionary of business and management

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  • Supply management — The term supply management describes the methods and processes of modern corporate or institutional buying. This may be for the purchasing of supplies for internal use, purchasing raw materials for the consumption during the manufacturing process …   Wikipedia

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  • supply-chain management — The management of the links between an organization and its suppliers and customers to achieve strategic advantage. Many specialist companies now offer to manage the whole of the supply chain, on behalf of manufacturers. Supply chain management… …   Big dictionary of business and management

  • Purchasing — refers to a business or organization attempting to acquire goods or services to accomplish the goals of the enterprise. Though there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly… …   Wikipedia

  • Supply chain management — (SCM) is the process of planning, implementing and controlling the operations of the supply chain as efficiently as possible. Supply Chain Management spans all movement and storage of raw materials, work in process inventory, and finished goods… …   Wikipedia

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