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ARTICLE · 11 DECEMBER 2019

Procurement models: what is the best way to source the services you need?

Article highlights that the decision to buy should be preceded by the decision of how to buy.

AustraliaStrategy

Procurement is critical to the success of any enterprise, including councils. As the wonderful businessdictionary.com states:

"A business will not be able to survive if its price of procurement is more than the profit it makes on selling the actual product."

While profit may not be the determining factor for councils, the delivery of essential services using scarce resources is – and that makes the statement above very pertinent.

What does procurement involve?

Businessdictionary.com defines procurement as:

"The act of obtaining or buying goods and services. The process includes preparation and processing of a demand as well as the end receipt and approval of payment. It often involves:

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