Procurement vs Purchasing | Difference between Procurement and purchasing

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  • Опубліковано 23 сер 2024

КОМЕНТАРІ • 79

  • @sebsee3730
    @sebsee3730 Рік тому +32

    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.

    • @8446510709
      @8446510709 Рік тому

      which Excel features do you use mostly?

    • @Desperado583
      @Desperado583 Рік тому

      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?

    • @NareshKumar-th9hy
      @NareshKumar-th9hy 11 місяців тому

      Same iam also working on both

    • @HasnyJunaideen
      @HasnyJunaideen 5 місяців тому +1

      No I actually doing procurement under the name of purshasing

    • @sandhyagupta2591
      @sandhyagupta2591 3 місяці тому

      Hey, ​@@HasnyJunaideencan you plz tell me how to get into this field.

  • @user-ii1yj2xh9v
    @user-ii1yj2xh9v 11 місяців тому +8

    It was quite surprising for me to find out there are differences between these two! thanks man

  • @MyPurchasing-qc3nr
    @MyPurchasing-qc3nr 6 місяців тому +6

    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.

  • @adorablepeace1288
    @adorablepeace1288 8 місяців тому +4

    the differences is now clear..i work as a procurement staff..though i do most of those things

    • @mrman9279
      @mrman9279 3 місяці тому

      How is the work ?

  • @ambikeya_tech
    @ambikeya_tech 3 місяці тому +1

    Insightful breakdown! Appreciate the clarity on the nuances between procurement and purchasing. Valuable distinctions for optimizing business processes. Thanks for sharing!

  • @borokmarko8838
    @borokmarko8838 2 роки тому +11

    Thanks a lot, the difference is now very clear

  • @Helen-y3Helen___8
    @Helen-y3Helen___8 Місяць тому

    Stay positive and let that smile light your way.

  • @KiranKhan-ex1cb
    @KiranKhan-ex1cb 2 роки тому +4

    Well explained ! Which application are you using to make video. It’s very nice

  • @linda22_
    @linda22_ 3 місяці тому

    True! I’ve worked as both. Purchasing and procurement.

    • @mrman9279
      @mrman9279 3 місяці тому

      Which is better ?

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    @Laura__4p Місяць тому

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  • @fengjane4440
    @fengjane4440 Рік тому +2

    We are a supply chain management company in China. We help oversea company sourcing goods in China factories.

  • @WorDouglas8
    @WorDouglas8 3 місяці тому

    Simple and nicey PUT! Thanks

  • @Linda_9o1c
    @Linda_9o1c Місяць тому

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  • @NadaAAbbas
    @NadaAAbbas 6 місяців тому

    What a great explanation! Thanks a lot!

  • @Dorothy_71w
    @Dorothy_71w Місяць тому

    May your journey be filled with laughter.

  • @sawaji1618
    @sawaji1618 10 місяців тому

    thank you for the explanation regarding the procuremen and purchasing

  • @George___d5q
    @George___d5q Місяць тому

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  • @paulinavictor7159
    @paulinavictor7159 2 роки тому +2

    great to have your tips

  • @fredrickdavis876
    @fredrickdavis876 2 роки тому +1

    Solutions oriented

  • @rizalukman7982
    @rizalukman7982 6 місяців тому

    Identifying,shortlisting,selecting and acquiring

  • @vipinviswanathan2947
    @vipinviswanathan2947 3 роки тому +1

    Good information. Thanks.

  • @asterixalan4267
    @asterixalan4267 6 місяців тому

    thank you very much!!!

  • @aoleminh5245
    @aoleminh5245 3 роки тому +1

    Thank you, it is really helpful

  • @sannitigokul6484
    @sannitigokul6484 2 роки тому +1

    Explained super

  • @niranjanpanchal4656
    @niranjanpanchal4656 3 місяці тому

    Thanks

  • @khawarsatti1403
    @khawarsatti1403 Рік тому

    Which software you use for video making and sound

  • @OmoLola84
    @OmoLola84 3 роки тому

    Brilliant explanation

  • @yunshuchoi1145
    @yunshuchoi1145 Рік тому

    it helped a lot! thanks!

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    @Kevin__6ddg Місяць тому

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  • @wanderchimugoti2571
    @wanderchimugoti2571 Рік тому

    Educative

  • @balvir1344
    @balvir1344 3 роки тому

    very good contents

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    @Donna_5irm Місяць тому

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    @Maria__424d Місяць тому

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  • @pgi6918
    @pgi6918 3 роки тому +1

    This is very helpfull for me.

  • @senamilemsomi3326
    @senamilemsomi3326 2 роки тому

    Nice and easy

  • @mohamedjaghakonneh
    @mohamedjaghakonneh Рік тому

    well-done!
    how can I access the pdf

  • @bkt1818
    @bkt1818 Рік тому

    Logistics study any advantage in pg diploma and dipolma

  • @mustakes
    @mustakes 2 роки тому

    Thank you 🙏

  • @sureupdates-withdeuce1663
    @sureupdates-withdeuce1663 2 роки тому

    Thank you

  • @williuskenstein4623
    @williuskenstein4623 2 роки тому +1

    at 0:47, acquiring not aquiring. :)

  • @nyinyilwin9318
    @nyinyilwin9318 6 місяців тому

    Can I Get PDF ?

  • @mariocolindres6876
    @mariocolindres6876 3 місяці тому

    RESTECHNOLOGY©

  • @muhammedthoyyibmp9926
    @muhammedthoyyibmp9926 21 день тому

    Acquiring

  • @yasarmushtaq1
    @yasarmushtaq1 Рік тому

    Great Job. I need the pdf would you please send it to me🙏

    • @Educationleaves
      @Educationleaves  Рік тому

      Download link has been provided into the description....check the link.

  • @mariocolindres6876
    @mariocolindres6876 3 місяці тому

    4k kodlix?

  • @mariocolindres6876
    @mariocolindres6876 3 місяці тому

    Mental or Physical Labor?

  • @MohamedMohamed-qi1rb
    @MohamedMohamed-qi1rb Рік тому

    Where is pdf

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    @Charles___63 Місяць тому

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  • @husseinmohamedabdi479
    @husseinmohamedabdi479 Рік тому

    I need bdf pless

  • @Robert__y8z
    @Robert__y8z Місяць тому

    Hold onto your hats, here's important refund info

  • @ramubommishetti6620
    @ramubommishetti6620 2 роки тому

    where is you pdf

  • @mohamedfornie4059
    @mohamedfornie4059 2 роки тому

    Thank you