Public Procurement Best Practices Library
Procurement Strategy & Metrics
Clear definition on the role of procurement and how to measure success is a hallmark of any world-class function.
Organization and Culture
Organization and culture is about building a world-class procurement function by aligning organizational capabilities, roles, skills with customers and markets
Sourcing and Category Management
Sourcing and category management drive an organization-wide approach to managing spending, assessing needs, and managing suppliers.
Planning and Market Analysis
Planning and market analysis is focused on engagement with customers and markets, clear articulation of goals and objectives, and strategies that will lead to desired outcomes.
Supplier and Contract Management
A strategic approach to managing supplier relationships while seeking to achieve the desired outcome of the contract.
Cost, Risk, and Innovation
Cost, risk and innovation goals are identified and weighted appropriately, depending on specific goals for a given customer requirement.
Social and Regulatory Policy
Social and regulatory policies guide the overall procurement process to ensure maximum competition and best value for money.
Solicitation and Award
Solicitation and award is focused on communicating requirements and soliciting proposals in a way that ensures maximum competition, lowest total cost and leverage of supplier expertise.