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Improving Your Company’s Procurement Process

Purchasing used to be the preferred term to refer to the process or department that handles a company’s supply chain. Each organization has a team that ensures that every material, supply, equipment, and services-from paper clips to flat-screen TVs to commercial cleaning supplies that are needed to run the business are available on time for employees to use to ensure delivery of products and services to end customers. In the 1960s, you have titles on business cards that read “Purchasing Manager.” Today, companies have Chief Procurement Officers (CPOs), and they typically form part of the executive leadership team that drives the corporate engine.

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What does PES mean?

PES means Pre-Employment Screening

Pre-employment screening refers to the process of investigating the backgrounds of potential employees and is commonly used to verify the accuracy of an applicant’s claims as well as to discover any possible criminal history, workers compensation claims, or employer sanctions. For example, CBC News of Canada reported that fraud in the workplace cost Canadian Businesses over $3.2 Billion in 2011.