Where is Your Money Going

Purchasers then move to the contract phase and buy against the contract. "If the contract says I'm going to buy these parts from this supplier at this price, then somebody's got to release orders to that supplier in a timely way," says Carter. "Make sure when you get the order that the bills get paid, the pricing is according to what you negotiated, that you're meeting your requirements, and that the suppliers meet their requirements according to the contract."