Effective procurement is a key driver of performance for many organisations. This supplier positioning model segments spending on procurement according to the level of expenditure and importance to the organisation. This guide provides a variety of supply strategies to match the particular profile of spending for individual procurement items.
When considering a major procurement decision, a number of factors need to be considered other than the most attractive price. The supplier profile tool is used to evaluate individual suppliers against an ideal requirement, and can be used in assisting with important procurement decisions.
When considering a major procurement decision, the business needs to fully understand its requirements, including on what is necessary to make an assessment of competing proposals or tenders. This template provides a checklist to identify opportunities and develop a go-forward procurement strategy based on business needs.
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