FF&E involves procuring furniture, fixtures and equipment while obtaining the best value and preserving design intent. It is an essential part of branding a project that includes negotiating with manufacturers and freight companies, confirming materials and coordinating schedules and timelines all to meet installation deadlines. Candis Solutions approaches projects with a long-term perspective anticipates issues to ensure your project finishes on time. As a start-to-finish FF&E firm, we help you minimize costs, avoid delays, and reduce administrative headaches.
Procurement deals with the sourcing activities, negotiation and strategic selection of goods and services that are usually of importance to an organization. Purchasing is the process of how goods and services are ordered.
Procurement involves much more than just handing over the company credit card and paying for a purchase. An effective procurement strategy includes everything from identifying which goods and services a company needs right through to maintaining the right documentation and records.
The procurement process: Identify which goods and services the company needs. Submit a purchase request. Assess and select vendors. Negotiate price and terms. Create a purchase order. Receive and inspect the delivered goods. Conduct three-way matching. Approve the invoice and arrange payment. Record-keeping.
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