Procurement thinking is a strategic approach to sourcing and procurement that focuses on the entire supply chain rather than just the purchasing process. With this approach businesses can transform their sourcing and procurement operations for greater value creation and innovation.
Aged and Home Care
Purchasing v Procurement
A better understanding of the differences between ‘Procurement’ and ‘Purchasing’ will make it clear that the two terms are not interchangeable. They are differences that any organization operating in today’s business climate needs to know.
Is Aged Care QFR Taxing?
The deadline for aged care organisations to submit their first Quarterly Financial Report is fast approaching, and, if your organisation has chosen to manually collect the required information from multiple departments and meet the stringent reporting and record keeping obligations, you potentially have as many as 4 weeks of work ahead of you. There is however, a silver lining. You will also be collecting a swathe of information that will help you build a business case for investing in business improvement measures, or an ERP system.