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Navigating the 5 Steps of the Procurement Journey Part 1

The Procurement School

Needs analysis ensures an accurate understanding of the goods / services being procured. Areas to consider include objectives, background, scope, constraints, deliverables, timing, approvals, policy and legislative requirements, evaluation criteria and methodology and contract management including KPIs.

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Let’s Get Digital: Introducing your Source-to-Pay Guide

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The last phase of the process, also known as Procure-to-Pay includes the ordering of goods/services, receiving of these, invoicing and payment to suppliers. Downstream activities include e-procurement , purchase orders, invoice automation and accounts payable and payment processes.

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Procurement & Contract Planning: Canadian Public Sector Guide

The Procurement School

This is an indication of the level of transparency and accountability required by public procurement professionals. Rated Criteria The technical evaluation criteria needs to align clearly with the scope / performance requirements of the good / service being procured. The bidder is consenting to the KPIs when it submits its bid.

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What’s the Difference Between Direct vs Indirect Procurement?

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Capturing Value occurs when a contract has been established that governs the responsibilities and obligations of both supplier and buyer, and well as when the organization has the right Procure-to-Pay processes in place to ensure compliance to those agreements, goods, services and prices. .

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Navigating the 5 Steps of the Procurement Journey Part 2

The Procurement School

To ensure bidders are qualified to provide the required good / service it is recommended they score at or above a minimum technical threshold to proceed to the next evaluation stage. Once the Procurement Journey is completed the procurement is passed to the contract manager for execution.

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