Remove Category Management Remove Contract Management Remove Goods & Services
article thumbnail

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.

article thumbnail

What’s the Difference Between Direct vs Indirect Procurement?

ivalua

Identifying Value , is where procurement teams leverage spend data and spend analysis to understand trends in spend and identify opportunities and develop category management strategies. . There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: .

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Procurement & Contract Planning: Canadian Public Sector Guide

The Procurement School

Rated Criteria The technical evaluation criteria needs to align clearly with the scope / performance requirements of the good / service being procured. Once a procurement is awarded it moves to contract management whose primary functions are implementation, compliance and issue management.

article thumbnail

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.

Bidder 52