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Procurement Label Data Point Capture and Time Stamps Background: In the UK at present there are a few licensed Advanced Therapy Medicinal Products (Amps) being administered as standard of care across
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Supply chain professionals who need to track and manage procurement data for inventory and budgeting purposes.
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Finance and accounting teams who require accurate procurement data for financial reporting and analysis.
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Procurement non-label data point is information related to the acquisition of goods or services that is not specifically categorized or labeled.
Entities involved in procurement activities are required to file procurement non-label data point.
Procurement non-label data point can be filled out by providing the necessary information and details related to the procurement activity.
The purpose of procurement non-label data point is to track and monitor the procurement activities of entities.
Information such as the type of goods or services acquired, the cost, the vendor, and the date of procurement must be reported on procurement non-label data point.
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