Question: Question 6 Business needs trigger the procurement process. These needs are however, not static, they constantly change. In this context, the procurement cycle requires reviewing.

Question 6 Business needs trigger the procurement

Question 6 Business needs trigger the procurement process. These needs are however, not static, they constantly change. In this context, the procurement cycle requires reviewing. Give a detailed account of the significance of the procurement cycle with specific emphasis on: (a) planning (10 Marks) (b) sourcing (10 Marks)

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