In summary, the main responsibilities of the procurement function include
- Relationship building
- Information gathering
- Information using
- Bidding
- Closing the deal
- Implementing the agreement
The procurement department’s role does not end when they choose which supplier(s) they are going to work with to provide the materials, parts, or products they need to produce the trainers. There must be a constant stream of communication kept open across the supply chain at all times. As demand for the completed product (the trainers) changes, so will the requirements of the business. This means the procurement department may need to re-negotiate, source additional suppliers, or address issues at any time.