Remove Category Management Remove Goods & Services Remove Management
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

3 Ways Procurement Can Help Grow Revenues (Part 2)

ivalua

Digitize to enable effective collaboration across more suppliers and categories. Efficient communication, the ability to securely share information and project manage efforts are all key to scaling collaboration across more processes, suppliers & categories. Manage categories like a financial portfolio.

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. Fleet and Logistics Category Manager.

Bidder 52
article thumbnail

What’s the Difference Between Direct vs Indirect Procurement?

ivalua

An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis. What does Procurement mean?

article thumbnail

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. where do public sector procurement rules come from?