Category: Procurement

Imagine starting a new procurement role where you have a real chance of making changes and influencing the procurement direction. If this 100 day plan was broken down into 10 stages, what might you want to do? Stage 1: Assessment and Understanding Days 1-10 Stage 2: Set Vision and Objectives Days 11-20 Stage 3: Build…

Procurement Route to Market Template Introduction: Provide an overview of the project or requirement. Briefly outline the purpose of procurement. Objectives: Define the specific objectives of the procurement process. Clarify the desired outcomes and deliverables. Scope of Work: Detail the scope of work or services to be procured. Include any technical specifications or requirements. Procurement…

A procurement playbook is a comprehensive document or set of guidelines that outlines the processes, procedures, best practices, and standards for managing procurement activities within an organization. It serves as a reference guide for procurement professionals and other stakeholders involved in purchasing goods and services. Key components typically found in a procurement playbook include: Procurement…

I asked my assistant to help me mock up a strategic sourcing framework and she did a fairly good job but made a few mistakes. Can you spot the mistakes! She’s added in category analysis twice and then she added a RFQ before a PQQ which means the flow isn’t quite right. A RFQ is…