Non-procurement
The term 'non-procurement' refers to actions, strategies, or policies that do not involve acquiring goods or services through formal purchasing processes. This can relate to decisions made in an organization to prioritize alternative methods for resource utilization, such as in-house production, partnerships, or donation-based approaches rather than traditional buying methods.
Non-procurement meaning with examples
- In our latest strategic meeting, the board emphasized the importance of non-procurement approaches to streamline expenses, encouraging departments to consider innovative collaboration with local businesses instead of making straightforward purchases.
- The nonprofit organization adopted a non-procurement strategy aimed at sourcing materials through donations, which not only reduced costs but also fostered a deeper connection with the community they serve.
- During the audit, it was noted that the government agency had shifted toward non-procurement methods, relying more on public-private partnerships and volunteer efforts to meet budgetary constraints without compromising project outcomes.
- In light of the recent budget cuts, the university explored non-procurement options, leaning toward shared resources and collaborative projects with other institutions to maximize limited funding while enhancing educational opportunities.
- The company's shift to a non-procurement model for certain operational needs allowed for greater flexibility, as they prioritized building relationships with collaboration partners rather than adhering strictly to supplier contracts.
