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3 Ways Procurement Can Help Grow Revenues (Part 2)

ivalua

Effectively category management, including assessing and monitoring suppliers and your risk exposure, is not possible without quality data. Extend that visibility in depth and map out the suppliers your suppliers depend on to provide you the goods/services purchased. Extend visibility into sub-tiers.

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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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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: .

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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. Fleet and Logistics Category Manager. Graham is a UBC Sauder School of Business graduate and holds the CSCMP designation.

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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. From procurement management courses to ongoing procurement webinars, resources are available to help you stay informed and up-to-date with the ever-evolving world of procurement.

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what is the difference between public and private sector procurement?

The Procurement School

demand aggregation As one strategy for meeting this obligation, both sectors look for opportunities for volume buying or ‘demand aggregation’ wherever possible and often approach strategic sourcing from a category management perspective.