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Why are KPIs Important in Procurement?

Oxford College of Procurement and Supply

Just because the purchase order is placed with the supplier , our work as procurement professionals is not done. At this stage of the procurement cycle (stage 10), our work should be focusing on the management of the contract to ensure that the supplier is delivering as per our expectations. KPIs also motivate suppliers.

Import 59
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The Suppliers Perspective

Oxford College of Procurement and Supply

As buyers we often expect a lot from our suppliers, but do we take the time to think about what they need from us in order to perform to the standard we often demand of them? It is important for us to remember the suppliers perspective and to effectively communicate with them, so we receive the end product that we want.

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The Importance Of Stakeholder Management

Oxford College of Procurement and Supply

A skilled buyer will conduct due diligence prior to making any business decision to ensure that it can add value and is the best option for the organisation. Part of the due diligence should be identifying, understanding the importance of stakeholder management related to the project or procurement. you suppliers.

Import 59
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Three ways World Bank procurement can drive collaboration for the SDGs

Open Contracting Partnership

Traditional procurement approaches prioritised lowest price, which led to unintended consequences like accepting bids of lower quality, a lesser performance record or that did not adequately allow buyers to consider equity, sustainability or socio-economic objectives like creating local jobs.

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Altering the When, How and Why of Supplier Information Management

ivalua

Supplier information is typically viewed by procurement organizations as one of two things. It is either a data input, such as what we gather and use in spend analysis, or it is a process by-product, such as the information we gather from prospective suppliers during strategic sourcing. It does not tell us much about the suppliers.

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5 Steps Towards Modernizing Supplier Management

ivalua

When it comes to the nature of buyer-supplier relationships, we’re entering a brave, new world. Organizations are increasingly dependent on suppliers to successfully bring innovative goods and services to market on time, improve ESG performance, and meet other objectives. Gain control of your supplier data.

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HHS Needs Small Business Government Contractors and Industry Partners

GovCon Chamber of Commerce

Register in the HHS Vendor Supplier Portal to rise above your competition. If federal buyers find enough qualified businesses in their own directory, they won't look anywhere else! Update your registration whenever your qualifications and other important information change. You need to get inside HHS!