The Procurement School

SEPTEMBER 15, 2023

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.

Procurement 52

Procurement Bidder Procurement Strategies Evaluation 52

ivalua

AUGUST 17, 2021

Capturing Value occurs when a contract has been established that governs the responsibilities and obligations of both supplier and buyer, and well as when the organization has the right Procure-to-Pay processes in place to ensure compliance to those agreements, goods, services and prices. . Direct vs Indirect Procurement.

Procurement 52

Procurement Supply Chain E-procurement Procurement Team 52

ivalua

MARCH 9, 2023

It starts with identifying the right suppliers for a need, sharing requirements and evaluating supplier offers, selecting the most appropriate supplier, negotiating terms and contracting with them to receive goods and/or services. Source-to-Pay is typically broken into two parts – upstream and downstream.

Supplier 52

Supplier E-procurement Supply Chain Purchasing 52