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PROCUREMENT-MANAGEMENT5 MIN READ

Five Rights Scorecard

Recall and apply the five rights when checking a procurement recommendation.

QQPTP What are the five rights? Right price vs lowest price Procurement should pursue right price, not price detached from requirement. Stakeholder says: "Procurement is blocking savings." Your line The quote saves money but misses the installation date. I can support it if the business accepts that timing tradeoff. Do not argue savings versus quality as if only one matters. It makes the violated right explicit and asks for conscious tradeoff approval. When is a right allowed to be weak? When the tradeoff is explicit, approved, and controlled. Unseen tradeoffs become procurement failures later.

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