Purchasing or Procurement Department

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DMcCranie

For credit unions $1 billion or more, can you please provide information of the following?

  • Do you have a purchasing or procurement department? 
  • If so, where does it fall in the organizational chart?
  • How people staff are in the department?
  • What are it's responsibilities? 
  • If you don't have such a department, where does the responsibility for Vendor Management lie? and who has ultimate responsibility?

Thank you for your assistance!  :)