Skin ADV

Supply Chain Glossary

Glossary  >  P  >  Procurement Card  


 

Procurement Card


Source: Procurement Glossary
Author: Paul Rogers
Institute: CIPS - UK

Courtesy of


 

A procurement card [PCard] is a credit card used by some organisations as an alternative acquisition method to raising a requisition and/or purchase order.  PCards were initially used to acquire low-value and low-risk categories, such as travel and entertainment, though because of their low transaction costs, they are increasingly being used for a wide variety of acquisitions.

Most PCard systems incorporate a variety of controls to prevent abuse, and a key control is to limit the number of staff who have access to a PCard.  Other controls can include a single purchase dollar limit, a monthly expenditure limit and a control on which merchants can be used.  Once expenditure has been incurred, the card provider will issue a statement to the buying organisation, which will allow reconciliation of expenditure and attribution to the appropriate budget and expenditure accounts.

The use of PCards can reduce the transactional workload for purchasing teams and focus activity upon establishing agreements for the key category spends, rather than managing individual transactions.  See also Acquittal.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 




Job Opportunities
 
Warehouse & Logistics Trainer - Nottingham
     
     United Kingdom  -  Nottingham  -  PERM  -  Page Personnel

Category Manager (x4)
     
     United Kingdom  -  South East  -  PERM  -  Beaumont Select

Senior Supplier Relationship Manager
     
     United Kingdom  -  South East  -  PERM  -  Beaumont Select

Category Manager - Photovoltaics & E-mobility
     
     United Kingdom  -  Europe (non-UK)  -  PERM  -  Beaumont Select

Category Manager - Indirects
     
     United Kingdom  -  Europe (non-UK)  -  PERM  -  Beaumont Select

IT Supplier Relationship Manager
     
     United Kingdom  -  South East  -  PERM  -  Beaumont Select

Buyer - MRO - Kettering - 26,000 to 28,000
     
     United Kingdom  -  Kettering  -  PERM  -  Supply Chain People

Procurement Business Partner - Indirects
     
     United Kingdom  -  Manchester  -  PERM  -  Michael Page

Logistics Customer Co-ordinator - Logistics Distributor
     
     United Kingdom  -  Derby  -  PERM  -  Michael Page

Material Planner - FMCG
     
     United Kingdom  -  Spalding  -  PERM  -  Michael Page

Logistics Planner & Expeditor - FMCG Distributor
     
     United Kingdom  -  Mansfield  -  PERM  -  Michael Page

Logistics Planner & Expeditor - FMCG Distributor
     
     United Kingdom  -  Mansfield  -  PERM  -  Page Personnel

Senior Category Manager
     
     United Kingdom  -  South East  -  PERM  -  Beaumont Select

Procurement Analyst
     
     United Kingdom  -  London  -  PERM  -  Beaumont Select

Procurement Manager - M&A
     
     United Kingdom  -  London  -  PERM  -  Beaumont Select

 

Supply chain E-learning



Explore available supply chain e-learning modules by language and academy



News & Trends
 

Last update 11 Jan 2023
Global manufacturing downturn continues at end of 2022 as output and new orders fall further
   Source: J.P.Morgan Global Manufacturing PMI   -  IHS Markit



Retail

The retail sector is always on the move. Whether this involves shopping centres, shops in inner city locations or at airports – trends change very quickly and the goods change just as rapidly too. To keep up with these developments, highly complex and process driven supply chains are needed. With our...


Education
 

Resources
 
HOYER: Future-Proofs System for Managing Intermodal Rail, Road, and Sea Transport to Meet High Growth Potential

HOYER is an independent family enterprise that dates back to 1946, and which has become one of the world’s leading bulk-logistics providers, offering comprehensive transport services and complex logistics soluti...

'Digitalization and the supply chain: Where are we and what's next?'

The report reveals that new technologies and solutions are developing at a fast-pace and disrupting industries on multiple fronts, with supply chains struggling to keep up. The global survey of nearly 350 supply chain...


International Agenda