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Procurement Strategy Guide

The document discusses various topics related to supplier development and procurement processes at a company. It introduces several individuals and the areas they cover, including purchasing policy, supplier evaluation, quality management, development and performance measurement. It then discusses conclusion and referencing, competitive bidding, negotiation, advantages of supplier development, administrative costs, risks, developing critical or key vendors, metrics, KPI monitoring, use of ERP systems, visiting suppliers, supplier goal plans, current agreements, barriers to effective development, solutions, areas to develop, category strategy, value/improvement opportunities, and costs of obtaining value. It asks several questions about creating procurement workflows, selection of procurement officers, establishing procurement panels, legislative frameworks, use of reverse auctions, and sour

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61 views3 pages

Procurement Strategy Guide

The document discusses various topics related to supplier development and procurement processes at a company. It introduces several individuals and the areas they cover, including purchasing policy, supplier evaluation, quality management, development and performance measurement. It then discusses conclusion and referencing, competitive bidding, negotiation, advantages of supplier development, administrative costs, risks, developing critical or key vendors, metrics, KPI monitoring, use of ERP systems, visiting suppliers, supplier goal plans, current agreements, barriers to effective development, solutions, areas to develop, category strategy, value/improvement opportunities, and costs of obtaining value. It asks several questions about creating procurement workflows, selection of procurement officers, establishing procurement panels, legislative frameworks, use of reverse auctions, and sour

Uploaded by

Lula
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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🐬SACHINI - Intro and Background + Processes/Productions

🐬GEETHIKA - Purchasing policy and procedure


🐬HANSIKA - Supplier evaluation and selection process
🐬NETHMEE - Supplier quality management
🐬DILITH - Supplier development and performance measurement

🐬UDANTHA - Conclusion and Referencing- Competitive bidding

- Negotiation

- Advantages of SD

- Admin cost

- Risks + Hostage

- Developing (Critical items? Vendors?)

- Key metrics

- KPI and Monitoring status

- Usage of ERP for SD

- Personally visiting suppliers? Agenda

- SGP Supplier goal plan

- Current SD agreements

- Barriers to effective SD (Buyer, Buyer-Sup, Supplier)

- Solutions

- The areas to be developed

- Category strategy

- Scale of value/improvement opportunity

- Cost, complexity and duration of value attainment

- Supplier co-operation

And It’s must to say, in terms of me, there will be a lot


of questions, so sir, I’m sorry in advance.
1. Where do you Create the procurement workflow (is there a
procurement department)
Who initiates a procurement process? Is it various departments on individual needs?
This means you have do decide if you want a centralized procurement department –
procures all goods and services required by your company, or a decentralized
procurement department – only coordinates strategic decisions, but defers
responsibility for transactional operations to other units.
It’s also important to remember that you will need a receiving department and
procedures associated with receiving goods against a purchase order.

2. to procurement processes, is there any set of purchasing


officers, procurement officers’ panel or is everything going
through the procurement department? I mean what is the
selection pool of procurement in hemas?

3. Procurement Panels (If have you established a procurement


panels, how do you do it, how do you select officers to the
panel)
Where agencies need to make regular purchases of property and services, procurement
panels are one approach used to achieve efficiencies in procurement practice. A
procurement panel is an arrangement whereby specific suppliers, usually selected
through a single procurement process, may supply property or services to an agency.
To establish a procurement panel, an agency enters into contracts or deed

4. Is there any legislative and policy framework for the


procurement process of the company

5. Are you also having reverse auction or everything going with


traditional auction?
A reverse auction is a type of auction in which sellers bid for the prices at which
they are willing to sell their goods and services.

6. How do you practice Sourcing Strategies


Are you having?...
• Single vs. multiple sourcing
• Short-term vs. long-term contracts
• Design support vs. operational support
• Full-service vs. non-full-service suppliers
• Domestic vs. foreign-based suppliers
• Collaboration vs. arm’s length relationship

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