5 Rights Of Procurement











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This video explains the Five Rights of Procurement. These are the basic objective of the purchasing function. •    • 5 Rights Of Procurement   • Hope the Video is useful. Subscribe to the channel for more procurement and other management functions related videos. • Purchasing and Procurement: •    • Purchasing and Procurement   • Total Cost Of Ownership: •    • Total Cost Of Ownership   • Conformance and Performance Specification •    • Conformance and Performance Specifica...   • • Content : The Five Rights [Quality, Quantity, Price, Place Time] , their interdependence, purchasing actions that contribute to the five rights. These 5 rights are often called basic objectives of purchasing , purchasing factors or key purchasing variables

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