Tender Types and Procedures

Before a tender is prepared and released to prospective suppliers the purchasing company will need to decide on the type of tender procedure they wish to use. The tender procedure used will define the interaction with any prospective suppliers and how these suppliers will submit their tender contract application.  Each procedure has its advantages and disadvantagesContinue reading “Tender Types and Procedures”

Ethical Procurement

Ethical procurement is no longer just a matter of trust between the buyer and supplier in the supply chain. There are a number of factors that must be considered. Of course, purchasing ethics plays a part in both global and local procurement but it can be more of an issue internationally. A willing or previouslyContinue reading “Ethical Procurement”

The Six Rights in Procurement

At a time when international companies are focused on Supply Chain resilience and security the ‘six rights’ of procurement can play an important part.  Procurement is a large part of any business and supply chain disruption can very quickly impact on the procurement operation of any business. What are the six rights? The six rights areContinue reading “The Six Rights in Procurement”