Federal government of the United States Essay

1. Based on your feature research on industrial/commercial and governing body purchasing, what be those elements that you consider to be unique to each?The difference is the two is the government has certain authority and rights that commercial disgraceprises do not have in my opinion. The government is not in the business in making a profit. There are certain price limits set by the government that can not be exceeded majority of the times when making purchases. In Federal Government contracting, specific regulatory authority is required for the Governments agent to enter into the contract, and that agents bargaining authority is strictly controlled by statutes and regulations reflecting National policy choices and prudential limitations on the right of Federal employees to obligate Federal funds. commercial-grade purchases on the other hand , is mainly guided by profit motivations. Each commercial/private vendor represents itself and can obligate their purchases in its own ma nner.2. What are the skill sets that a purchasing and supply management professional should possess or acquire to be successful in the exercise of the purchasing functions with commercial or Governmental organizations?The skill set that a purchasing, and supply management professional, should possess or acquire successful is, relationship/team edifice skills. The ability to deal with a client /vendor or manufacture and come to terms and or agreement, that will benefit both parties. I excessively think you should have some prior experience 2-4 years in purchasing or supply management . Lastly, holding a degree in business management, contract services or acquisition management should also be a necessary skill.