What is a recommended best practice for requisitioning in procurement?

Utilizing online item catalogs for self-service requisition is recognized as a best practice in procurement for several reasons. First, online catalogs provide users with easy access to a wide range of products, allowing them to efficiently search for and identify needed items. This promotes a more streamlined and user-friendly requisitioning process, enabling employees to take ownership of their purchasing needs.

Additionally, self-service requisitioning through online catalogs reduces the workload on procurement teams, as it minimizes the need for manual intervention in the purchasing process. This results in increased efficiency, faster order fulfillment, and improved compliance with company policies. By providing a user-friendly interface along with accurate and updated product information, online item catalogs encourage adherence to approved purchasing practices and enable better spend visibility.

Moreover, these platforms often include features such as approval workflows and compliance checks, ensuring that requisitions align with budgetary constraints and organizational policies. Overall, online catalogs facilitate a more effective and efficient procurement process, making them a widely adopted best practice.