This policy outlines procedures governing the purchasing process.
The purpose of this document is to ensure that quality materials, supplies and services are procured by authorized individuals from authorized suppliers with consideration given to the adequacy of quantities, competitive pricing and timely delivery. These business activities should be conducted in the best interest of the company at all times. This policy applies to the purchase of goods and services, the approval of such purchases, and the receipt and acceptance of materials, supplies and services. It also covers all purchase commitments (with or without the use of purchase orders).