Purchasing Today

A New Look at Purchasing Teams Members Only Content

Companies and institutions have been using teams to complete projects or achieve certain goals for some time. We all have experience with procurement or commodity teams that are composed of representatives from different functions. Procurement teams are set up for a single purchase. These teams decide what the price will be, who the supplier will be, and other performance criteria. After this purchase is completed, the team disbands. Commodity teams are similiar to procurement teams, except they stay together long term and continue to work on other issues pertaining to productivity and quality improvement.

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