Why Do We Need Professional Procurement?

We need professional procurement because it delivers greater benefits than it costs and it helps business and government better manage business decisions. Its value can be demonstrated in a simple business equation, return outweighing investment.

Information about Why Do We Need Professional Procurement?

Professional buying is a new specialisation emerging in the same way that accountancy or the law has. The modern role of professional procurement is a complex one demanding a wide range of business skills and commercial expertise to succeed. The job is as broad and as deep as the practitioner makes it and their organisation requires. The simple purchase contract can all too often be expected to carry the burden of lazy or hasty business development work when neither the commercial deal, the specification, nor the business process has been properly thought through. When the contract is striving to clarify what has actually been agreed - or more precisely not agreed – within the “spirit” of an amicable agreement, a procurement professional is needed.

Return to People and Skills topic.

Related concepts

Why Work in Professional Procurement?

No one lies awake in bed thinking, ‘I wish I worked in procurement.’ ‘Why would I want to work there?’ they ask. No sex, glamour or money! One former CEO I worked with went further when...

Find out more

The Top Three Issues Facing the Procurement Profession

CIPS Australia’s first undertaking at its inception in late 2004 was to conduct specific research into Australia’s procurement profession to identify the major issues facing the...

Find out more

A Short History of Procurement

Procurement is an old profession, yet it has attracted little attention from historians. Certainly not nearly as much as another profession with the same name and with which it is...

Find out more