Areas of Proc Cycle that add value

Question 1

Defining needs / specification

Answer 1

Quality standards are met

Saves time - ensure need for requotes are not needed due to lack of info or misinterpretation

Question 2

Market analysis

Answer 2

Ensure all potential suppliers are included (don’t lose out on something great because a supplier was left out)

Suppliers briefed on T&Cs and ‘must haves’ - eliminates at an early stage if they cannot meet demand

Question 3

Supplier selection

Answer 3

Remove unethical suppliers

Remove unsuitable suppliers

Remove suppliers in financial difficulty

Question 4

Contract award

Answer 4

Ensure good sourcing against ongoing needs