In Azerbaijan, Procurement

Day by day, the purchasing policy plays an increasingly important role in companies. Small companies need to have their products at the minimum prices to remain competitive against large players. Procurement is defined as the acquisition of goods, services, and works from external sources, which is vital for the operations of an organization. The procurement process can be divided into two parts: the initial process, which involves the search for suppliers, and the subsequent process, which involves the purchasing operations.

The goal of the procurement function is to provide the following benefits to the organization:

- Reliability of supply
- Reduced costs
- Risk reduction
- Improved quality
- Increased added value
- Increased efficiency
- Innovation

The purchasing process aims to deliver the right goods or services, at the right price, at the right time, and at the right location.