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BMS Controls Glossary

And Servicing

The definition of A&S (Acquisition and Servicing) is a process that involves the purchase of goods and services, as well as the subsequent management and maintenance of those goods and services. It is a critical component of any organization’s supply chain management process, as it ensures that the organization has the necessary resources to meet its operational needs. A&S is typically managed by a dedicated team of professionals who are responsible for the procurement of goods and services, the negotiation of contracts, the tracking of performance metrics, and the maintenance of quality standards. This team also works to ensure that the organization is able to meet its financial goals, as well as its customer service objectives. By effectively managing the A&S process, organizations can ensure that they are able to maintain their competitive edge in the marketplace.