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These steps may not apply to every procurement but once completed they will inform the procurement strategy which then leads to development of procurement document. Needs analysis ensures an accurate understanding of the goods / services being procured. Each organization has its own process.
A key aspect to keeping the cat away is a strong foundational procurement document that holds up to scrutiny. The following article outlines nine points to consider as part of the procurement planning process which will help to reduce procurement risk, increase confidence in the procurement document and avoid a potential bid dispute.
Step 3 Posting Once the procurement document is developed and approved it is posted online for bidders to respond. 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.
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. ContractManagement: The piece that connects the upstream and the downstream, where value starts being captured.
When thinking about these questions, consider three different types of vendor relationships: (a) vendors wanting to do business with government; (b) vendors participating in a solicitation process; and (c) contractors providing goods, services or construction to government. Addresses current supply chain and labour issues.
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