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Used with permission. Sterling High School, Nebraska. Lesson/Unit Title Day(s) Grade Levels Curriculum Areas Website(s)Road Map to Buying Auto Insurance 5 days 1012 Economics and/or Personal Finance

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What is road map to buying?

Road map to buying is a document that outlines the steps and processes involved in purchasing a product or service.

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Anyone who is involved in the procurement process, from the purchasing department to senior management, may be required to file a road map to buying.

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To fill out a road map to buying, you need to provide information about the product or service you are purchasing, the vendors you are considering, the pricing and terms of the purchase, and any approval processes that need to be followed.

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The purpose of road map to buying is to ensure transparency, accountability, and compliance in the procurement process.

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Information that must be reported on road map to buying includes a description of the product or service being purchased, the expected costs, the vendors being considered, and the procurement process being followed.

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