Procurement Templates

Category: Procurement

  • Commercial Awareness And Why It’s Important

    In this article I am going to discuss Commercial Awareness and why it’s important. Companies want to recruit employees who have a certain level of understanding of how business world operates and more importantly what else is happening in the wider world. What Is Commercial Awareness? Employers complain about the lack of business or commercial…

  • Get Your Free Guide For Open Book Costing

    Have you read the Government Open Book Costing but find it a bit of a long read. I’ve simplified it in a simple table to make it easier to remember.

  • Procurement Standard Operating Procedure

    Procurement Standard Operating Procedure

    Implement these tips to achieve best practice procurement management/ Procurement Consulting All departments should have a Standard Operating Procedure, this is useful to achieve a consistent and professional standard of best practice. Your aim is to give the same level of professionalism regardless when ever someone makes contact with the procurement team.  This means as…

  • How to Calculate Contract Value

    Have you ever wondered how an organisation calculates the contract value? Below is a short explanation on how to calculate contract value. The rule of thumb is to calculate based on the total lifetime of the contract and excluding VAT. * If there is no fixed price and: the contract term is for 4 years or…