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Explanation & Answer

Attached.
Running head: IT402
1
IT402: Assignment 1
Name
Institutional Affiliation
IT402
2
An Example that explains how the procurement process is essential for organizations to
create and deliver products or services to their customers?
The procurement process is an essential part of an organization’s activities because it
comprises of all the tasks involved in the acquiring of all required materials externally. These
materials are required by the organization to create as well as deliver goods or even services to
its consumers. An example showing that the procurement process is crucial for businesses to
achieve this is a customer order, which could trigger a need by the organization to purchase
something e.g., component parts or raw materials required to create t...

