buyermanaged
Buyermanaged is a procurement concept in which the purchasing organization holds primary control over the acquisition of goods and services. In this model, decision rights for supplier selection, contract negotiation, order placement, and performance monitoring are centralized within the buyer’s organization, with suppliers acting mainly to fulfill documented requirements. Buyermanaged is typically supported by formal processes, governance structures, and software tools that provide spend visibility, supplier risk management, contract management, and compliance tracking.
Key features of buyermanaged include centralized or hybrid procurement governance, standardized sourcing and approval workflows, category
Applications of buyermanaged are most common in large or regulated organizations, public sector entities, and industries
Benefits of the buyermanaged model include improved policy compliance, tighter cost controls, enhanced spend visibility, and