Financial Development

As discussed in the previous paper, purchasing procedures are an important to any

company doing business. After examining the current procedures in place at the Kansas City Housing authority, some inadequacies have been found. The team has decided on a recommended course of action to be followed to streamline the system for better performance of the organization.
















This paper will suggest certain processes be put in place to assist in the purchasing and procurement procedures. These processes will not only improve the manner by which items are obtained, but will ultimately save the organization both time and money. The intent is to re-organize the method in which these types of transactions are processed; as well as put safe guard measures in place to ensure inventory accuracy. Through several process changes, the entire process can be improved and made more effici...