Haco Tiger Brands interview question

General procurement questions such as difference between procurement and purchasing

Interview Answer

Anonymous

17 Sept 2019

PROCUREMENT is a process that involves purchasing, where the office identifies a need, identifies and evaluate a list of suppliers , negotiating of contract , raise and release a purchase order complete the payment process upon receiving an invoice receive and audit of goods or services received and keeping of proper records of invoices while purchase is only the buying of goods or services.