The foundation
What does the evidence establish in each procurement area?
The Observatory examined 10 areas of buying separately, because their structures differ - who the parties are, what makes an outcome official, and how hard a wrong action is to undo. Each record holds that area's own evidence, what it could not settle, and the strongest argument against each reading.
- Requisition and guided buying deciding what employees are allowed to request and buy
- Purchase order and fulfilment managing an order after it is issued
- Goods receipt and acceptance confirming that what was ordered actually arrived
- Invoice to payment checking an invoice and releasing money
- Supplier onboarding approving a supplier to do business
- Supplier risk checking whether a supplier remains acceptable
- Contract lifecycle creating, changing and renewing agreements
- Contingent workforce engaging contractors and external specialists
- Direct materials sourcing components used to make a product
- SaaS acquisition choosing and purchasing business software