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Austrian Journal of Humanities and Social Sciences, Issue 7-8/2016

Best practices in the management of procurement and suppliers, as an important factor in the management of the project

DOI: https://doi.org/10.29013/AJH-16-7.8-31-36

Pages: 31 - 36

Authors: Kopani X.

Abstract: Procurement Plan identifies the products to be procured from external suppliers, timelines and methods of procurement. The plan presents an overview of the external supply market, giving the confidence to the shareholders that the products are currently and actually on the market and appropriate suppliers are willing to provide it within the timeline and budget constraints. The procurement plan is important not only to identify the list of products, but also insurance markets, terms of delivery, tendering procedures and preferred suppliers. The project manager on the basis of procurement Plan and selection of products, services and suppliers drafts the supply agreements (contracts). Implementation of these processes is very important not only for the reduction of material costs but time costs also, providing quality goods and services and in the end make it easier to achieve success of the project

Keywords: procurement, product, services, supplier, contract, manager, plan, project

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