5 Rights Of Procurement

This video explains the Five Rights of Procurement. These are the basic objective of the purchasing function.
   • 5 Rights Of Procurement  

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Purchasing and Procurement:
   • Purchasing and Procurement  

Total Cost Of Ownership:
   • Total Cost Of Ownership  

Conformance and Performance Specification
   • Conformance and Performance Specifica...  


Content : The Five Rights [Quality, Quantity, Price, Place Time] , their interdependence, purchasing actions that contribute to the five rights. These 5 rights are often called "basic objectives of purchasing", "purchasing factors" or "key purchasing variables"