The efficient expediting of materials and equipment orders is a key element of every project.
Cost control and schedule management very much depend on efficiency in procurement.
Project procurement management is the creation of relationships with outside vendors and suppliers for goods and services needed to complete a project. This process is comprised of five steps:
- initiating and planning
- contract writing
- closing and completing
We are skilled in managing this entire process and our access to a large number of suppliers and vendors provides us with the opportunity to extract cost savings and ensure value.
With every project a project strategy is developed and actively managed. The strategy details the approach to be adopted from order placement to order completion.
Whether entrusted with the entire process or limited only to receipt of goods and services we deal with procurement with the objective of delivering for the project a timely and efficient process.
- Vendor / Supplier identification
- Contract / order negotiations
- Placing of order
- Acceptance testing
- Receipt and verification