Oxford College of Procurement and Supply
AUGUST 23, 2023
It formalises the gathering, analysis and application of information to assist companies in aligning their purchasing strategy with their goals and securing the best possible value. In this post, we explain what strategic sourcing is, why it is important and how it can be implemented. Why is strategic sourcing important?
The Procurement School
APRIL 22, 2024
Market Analysis The level of market analysis is dependent on the outcome of the requirements gathering. If there is a good understanding of the number of potential bidders and their capacity this minimizes the requirement for market analysis. A more formal method is to issue a Request for Information (RFI).
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Select GCR
JULY 30, 2024
business data, which holds great significance for policy development and economic analysis. NAICS are structured hierarchically from broad sectors to specific industries and are pivotal for business identification, market analysis, and compliance with regulations and tax requirements. How can NAICS codes help my business?
Tracker Intelligence
MARCH 16, 2024
The Importance of Railway Cleaning Tenders Railway cleaning tenders are an important link between service providers and the demand for clean, well-maintained trains and depots. Numerous opportunities exist for businesses specialising in cleaning services to participate in railway tenders and cleaning contracts.
Select GCR
OCTOBER 1, 2024
This expansion reflects the growing importance of the service sector in the economy and ensures that emerging industries are adequately represented in the classification system, including twenty industry sectors. This detailed classification is crucial for policy development, market analysis, and strategic planning.
Tracker Intelligence
AUGUST 26, 2024
Market analytics: The platform provides market analysis to enable businesses to understand market trends. The platform’s features aim to optimise time, increase the chances of winning a bid, and provide important information about the market to support strategic actions.
Tracker Intelligence
MARCH 28, 2025
Some businesses lose out on important contracts because of out-of-date alerts or insufficient coverage. Suppliers may improve their proposals and make well-informed decisions with the aid of tools like bid tracking, market analysis, and CPV code analytics.
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