I received an email from someone in a parent company who has been asked to take over the purchasing department of one of that company’s newly acquired subsidiaries. She wanted some suggestions as to the documents she should request from the subsidiary’s existing purchasing team.

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I thought that I’d share those suggestions with you, too, here on this blog. Here were my suggestions:

  • Organizational chart
  • Job descriptions
  • Contracts
  • Policies
  • Procedures
  • Purchasing goals and objectives
  • Last several months worth of weekly reports
  • Personnel files
  • Performance reviews
  • Cost savings reporting documents

Can you think of any additional suggestions?

If so, add them to the comments!

Respectfully,
Charles Dominick, SPSM
President
Next Level Purchasing, Inc.
Struggling To Have A Rewarding Purchasing Career?
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Charles Dominick, SPSM, SPSM2, SPSM3

Charles Dominick, SPSM, SPSM2, SPSM3 is an internationally-recognized business expert, legendary procurement thought leader, award-winning entrepreneur, and provocative blogger. Charles founded the Next Level Purchasing Association in 2000, oversaw its incredible growth, and successfully led the organization to its acquisition by the Certitrek Group in 2016. He continues to blog and provide advisory services for the NLPA on a part-time basis as he incubates his upcoming business innovations. Charles is also the co-author of the wildly popular, groundbreaking book, "The Procurement Game Plan: Winning Strategies & Techniques For Supply Management Professionals."

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