Well working as an Technical Purchaser I would say all requirements of Procurement are also what I do every day. Sending quotes to multiple Vendors, checking their offers and comparing. Making my quotes in SAP, based on the offers. Then after confirmation customer, Purchasing/ordering the items, making documentation of these purchases. Handling over to Logistics department and so on. So for my job I would say that I do both.
I am interested in being a technical purchaser. Could you possibly provide some insight on to how to get into this for information technology procurement, or any advice at all?
Insightful breakdown! Appreciate the clarity on the nuances between procurement and purchasing. Valuable distinctions for optimizing business processes. Thanks for sharing!
At present, Procurement is simply listing the materials and services needed to finish a project, then request it to the Purchases Department then they do the vendor selection, RFQs, Quotations, Quotation Summary, Negotiation, Choose the best value supplier, Places POs, Accept Deliveries(full or final), and Place Payments, Close POs. Deliver Cost Savings target, and Analyses trends for the Pareto principle or ABC.
Purchasing is a subset of Procurement: Procurement focuses on strategy (planning, build relationships before buying, negotiate contracts, best long-term deal) Purchasing focuses on transaction (order, pay, deliver)
Procurement is a newer, bloated term to describe Purchasing but breaking out the tasks so they can hire lower paid, task based workers or dump more tasks onto the purchasing agent but calling them the procurement specialist. Words are fun. Management is funner! 😂
Well working as an Technical Purchaser I would say all requirements of Procurement are also what I do every day. Sending quotes to multiple Vendors, checking their offers and comparing. Making my quotes in SAP, based on the offers. Then after confirmation customer, Purchasing/ordering the items, making documentation of these purchases. Handling over to Logistics department and so on. So for my job I would say that I do both.
which Excel features do you use mostly?
I am interested in being a technical purchaser. Could you possibly provide some insight on to how to get into this for information technology procurement, or any advice at all?
Same iam also working on both
No I actually doing procurement under the name of purshasing
Hey, @@HasnyJunaideencan you plz tell me how to get into this field.
It was quite surprising for me to find out there are differences between these two! thanks man
Insightful breakdown! Appreciate the clarity on the nuances between procurement and purchasing. Valuable distinctions for optimizing business processes. Thanks for sharing!
the differences is now clear..i work as a procurement staff..though i do most of those things
How is the work ?
At present, Procurement is simply listing the materials and services needed to finish a project, then request it to the Purchases Department then they do the vendor selection, RFQs, Quotations, Quotation Summary, Negotiation, Choose the best value supplier, Places POs, Accept Deliveries(full or final), and Place Payments, Close POs. Deliver Cost Savings target, and Analyses trends for the Pareto principle or ABC.
Thanks a lot, the difference is now very clear
You are welcome!
Purchasing is a subset of Procurement:
Procurement focuses on strategy (planning, build relationships before buying, negotiate contracts, best long-term deal)
Purchasing focuses on transaction (order, pay, deliver)
Clear and easy, we need more video like this
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thank you for the explanation regarding the procuremen and purchasing
Stay positive and let that smile light your way.
True! I’ve worked as both. Purchasing and procurement.
Which is better ?
What a great explanation! Thanks a lot!
May your journey be filled with laughter.
Simple and nicey PUT! Thanks
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great to have your tips
Thanks!
We are a supply chain management company in China. We help oversea company sourcing goods in China factories.
Hi, can you share your contact details?
Well explained ! Which application are you using to make video. It’s very nice
Good information. Thanks.
Ur welcome!!
Explained super
Thanks!
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Thank you, it is really helpful
Ur welcome!
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thank you very much!!!
Identifying,shortlisting,selecting and acquiring
very good contents
Thanks buddy!!
Solutions oriented
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Brilliant explanation
Thanks😊
it helped a lot! thanks!
Glad it helped!
This is very helpfull for me.
My Pleasure ❤
Educative
Which software you use for video making and sound
Nice and easy
Thanks!
Can I Get PDF ?
at 0:47, acquiring not aquiring. :)
😇
Logistics study any advantage in pg diploma and dipolma
Thanks
Thank you 🙏
You are welcome 🙏
Procurement is a newer, bloated term to describe Purchasing but breaking out the tasks so they can hire lower paid, task based workers or dump more tasks onto the purchasing agent but calling them the procurement specialist. Words are fun. Management is funner! 😂
4k kodlix?
Procurement profile is slightly bttr than purchase
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Great Job. I need the pdf would you please send it to me🙏
Download link has been provided into the description....check the link.
well-done!
how can I access the pdf
Thank you
Welcome
Where is pdf
At practice the difference is none
Mental or Physical Labor?
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I need bdf pless
Acquiring
RESTECHNOLOGY©
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where is you pdf
Sorry I forgot to provide the pdf link, please check the description now.
@@Educationleaves okay
@@Educationleavesend pdf please
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Thank you
You are welcome!