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OVERVIEW OF BUSINESS PROCUREMENT PROCESSES IN SOUTH AFRICA
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Wessel Pienaar 
Abstract
The article focuses on the procurement of goods to support the business operations of organisations, with special reference to South African practice. The following aspects are detailed: (1) identifying and specifying procurement needs; (2) selecting suppliers; and (3) controlling suppliers’ performance. It is deduced that the procurement management process consists of five principal steps: (1) identifying and specifying a procurement need; (2) supplier survey; (3) investigation and assessment of suppliers; (4) choice of supplier(s); and (5) establishing and developing relationships with suppliers and controlling their performance. Steps 2, 3 and 4 collectively form the supplier selection phase.
Keywords: Control, Need Specification, Procurement Management, Supplier Assessment, Supplier Selection
How to cite this paper: Pienaar, W. J. (2012). Overview of business procurement processes in South Africa. Corporate Ownership & Control, 10(1-3), 311-316. https://doi.org/10.22495/cocv10i1c3art1
