Procurement
Contents
Definition
The procurement process includes the preparation and processing of a demand and the end receipt and approval of payment. Comprehensively, this can involve purchase planning, standards, specifications determination, supplier research, selection, financing and price negotiation.
Different types of procurement
===Less than RM 5,000===
1) Direct Purchase
===More than RM 5,000===
2) Waiver of Tender
3) Jawatankuasa Perolehan Terus (JPT)
4) Tender
5) Quotation