Thursday, October 22, 2009

Purchasing vs. Procurement: There Is No Official Distinction...Get Over It Already!

We all have pet peeves, right?

Well, one of mine is the fact that our profession uses different terms to describe the same thing. And a bigger one is when people try to "educate" their peers about the differences between these terms when there really isn't a difference.

One of those examples is the use of "purchasing" and "procurement." Look, these two terms refer to the same thing. Don't kid yourself into thinking otherwise.

I got drawn into a debate on the topic on Ariba's "Strategic Sourcing & Procurement" LinkedIn Group. Whether or not you agree with me, I think that there are some really frank comments in the thread.

But don't spend too much time there...it's such a silly debate when there are so many other value-added things that procurement/purchasing professionals like you could be thinking about.

To Your Career,
Charles Dominick, SPSM
President & Chief Procurement Officer
Next Level Purchasing, Inc.
Struggling To Have A Rewarding Purchasing Career?
Earn Your SPSM® Certification Online At
http://www.NextLevelPurchasing.com

4 comments:

Akshay Hegde said...

I agree with you Charle!

Charles Dominick, SPSM said...

Thank you, Akshay!

Anonymous said...

If the two are the same, why do we have both a Purchasing Manager and Procurement Manager where I work?

Charles Dominick said...

Because your company has obviously invented its own distinction.

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