5 Rights Of Procurement

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Published at : 02 Nov 2021
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This video explains the Five Rights of Procurement. These are the basic objective of the purchasing function.
https://youtu.be/wpKQWvVYnME

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Purchasing and Procurement:
https://youtu.be/ntHnQrQBG2Y

Total Cost Of Ownership:
https://youtu.be/YKdcEOTA7Pk

Conformance and Performance Specification
https://youtu.be/ow4oOhsxuPk


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"
Five Rights of Procurementkey purchasing variablespurchasing factors

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