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Implementing a World Class Purchasing Organization

By Martin Murray, About.com

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So many companies’ believe that basic clerical skills are the only pre-requisite for a position in the purchasing department. This view is incredibly naïve considering that these clerks are in charge of spending vast amounts of company resources. The purchasing professional is the key to implementing a world class purchasing organization. The skills required for world class purchasing organizations include knowledge of the business they are purchasing for, analytical skills, negotiation skills and interpersonal skills. By depriving your purchasing department of employees versed in these skills, your company can find itself tied into contracts will the wrong vendors, for the wrong material, and at the wrong price.
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