Procurement is a function of business which allows businesses to exchange money for goods or services in an organized, auditable, and systematic manner. In the contract security industry, there are a few items to consider. Number one is when buying goods or services, find out if the cost can be built back to the client servicing and this is the principle of billable versus non billable expenses. Number two, consult the contract. Does the contract with your client specify your obligation with purchasing the items or does it not? Number three, consider the cost of client retention.
Sometimes it is best to make an investment to keep the client happy, it may make a difference. contract renewal time into proprietary security industry. Consider one charging the cost of certain goods purchase to other departments. For example, when buying a two way radio for the housekeeping department or a number to utilize the equipment of other departments, I sharing safety vest with other department staff. It is all is in good order to work closely with vendors and see if they're willing to offer discounts on products and services from time to time in exchange for referrals and recommendations.