Demonstrate a thorough understanding of the “Complete Purchasing Process,” from a practical real-world
workplace perspective.
Scenario:
You are a Certified Purchasing Professional who is charged with ensuring that your (private or public sector)
the organization accomplishes the “Five Rights” of the procurement: The RIGHT QUALITY; The RIGHT QUANTITY;
From the RIGHT SOURCE; At the RIGHT TIME; At the RIGHT PRICE. You have been entrusted with the
organizational and personal responsibility of adhering to all purchasing policies, procedures, laws, and ethical
standards.
Your organization has a centralized purchasing structure with the sole authority for contracting. The
procurement team that you lead serves several different departments with a variety of sourcing needs. You
may decide what specific type of organization you have joined; its size; whether or not the organization is “real”
or imaginary; whether it is a private sector company or a public (government) agency.
Instructions & Expectations:
You must demonstrate how each aspect of the Purchasing Process will be handled by your organization based
on the type of product or service has chosen to be procured.
Introduce to the audience to the type of organization you work for and what it does.
What is your role and what are your responsibilities in the organization? What does it mean to be a “Certified
Purchasing Professional? Why is it an important designation?
Provide background on what you have been tasked with purchasing for your organization and why is it needed.
Succinctly identify and describe each element of the “purchasing process” and their connection with the “5-
Rights” of purchasing.
Describe in detail how each phase of the purchasing process was handled while procuring the specific product
and/or services that your organization required.
First, you must choose a specific, product, service, or construction project for your Capstone.
You must complete a rough draft to be submitted via email to the instructor; delivered as if you are providing a
presentation to an executive leadership team at the organization you have chosen.
The final project will be due the last week of class.
Sample Solution