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World Class Procurement Definitions A forum for defining key terms / definitions as it applies to World Class Procurement and Supply Chain Management

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Old 09-10-2008, 03:42 PM
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Smile farmers "laws of procurement"

can anyone tell me what these are
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Old 09-10-2008, 10:19 PM
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Default Re: farmers "laws of procurement"

Hi, in what context would you be referring to this?

In various countries there are different "Laws of Procurement"... eg. Afghan law of Procurement " used by United Nations development agency.

Example: "Under the German law of procurement" the reliability of the tenderer is a tender criterion", Taiwan has a "The law of Procurement"..
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Old 09-11-2008, 08:49 AM
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Default Re: farmers "laws of procurement"

thanks for your reply, the context is for for the following mock exam question

Q8 Which of the following is one of Farmer’s ‘Laws of Purchasing’?

A. The role of purchasing increases in importance when a large number of suppliers
is used ..
B. Purchasing will play a significant role in the organisation’s success when it
employs a large proportion of the staff ..
C. Purchasing is important when the function is required to process many orders.
D. Purchasing is important when the organisation spends a large proportion of
its income on purchased goods and services.
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Old 09-11-2008, 11:24 AM
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Default Re: farmers "laws of procurement"

Ok, you must be referring then to Author David Farmer ... Purchasing, Principles and Management (9th Edition) and Gower handbook of purchasing management...

If you search here, you might be able to find the answer:
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