Time to place end of fiscal year purchase requests
The COVID-19 Pandemic has contributed to significant supply chain challenges that are affecting consumers on a global scale. These challenges are affecting the Lab as well in terms of limited availability of products and services, long-lead items delivery, worker shortages, low inventories, and delays concentrated in manufacturing, construction, and trade sectors. If you're considering end of fiscal year purchases, Procurement requests you submit your purchase requisitions as soon as possible, especially for items with long-lead times. This will help the Procurement staff plan for and place timely purchase awards in order to receive those purchases and account for payment before the end of the fiscal year.