EARN YOUR SPSM Certification NOW!

5 Rights of Purchasing

This would have to be the 'Procurement 101' of any professional purchasing certification...Drum roll Please...
The '5 Rights of Purchasing' are to have the:

Right Quality, the
Right Quantity, at the
Right Price, at the
Right Place, at the
Right Time.

Of course, things don't always happen the right way! For instance, to get an item at the Right Time, you may have to lower the Quality and/or increase the Price you pay for it.

Online Courses to Fast-Track Your Career:

  • Mastering Purchasing Fundamentals

  • ADVERTISE HERE! (Interested in advertising your procurement products/services/events on procurementcourse.com? Click for more details)