Purchasing Model
2
PURCHASING MODEL Planning ASSESS YOUR NEEDS What you buy, where, budget, how can you reduce cost SCAN THE MARKET Who sells what, price, key trends in market, emerging suppliers IDENTIFY POTENTIAL SUPPLIERS Build a short list linking needs assessment and market scan DEFINE YOUR SOURCING BENCHMARKS Order size , frequency, reliability, quality, value for money, service, communication, relationship, risk, compliance, sustainability, ethics
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Transcript of Purchasing Model
PURCHASING MODEL Planning
ASSESS YOUR NEEDS What you buy, where, budget, how can you reduce cost
SCAN THE MARKET Who sells what, price, key trends in market, emerging suppliers
IDENTIFY POTENTIAL SUPPLIERS Build a short list linking needs assessment and market scan
DEFINE YOUR SOURCING BENCHMARKS Order size , frequency, reliability, quality, value for money, service, communication, relationship, risk, compliance, sustainability, ethics
PURCHASING MODEL 2 Action
ISSUE RFI, RFP, RFQ Request For Information, Proposal , Quotation to suppliers
NEGOTIATE CONTRACT WITH SUPPLIER Use Positional Bargaining 4 Step Method ©
REVIEW SUPPLIER PERFORMANCE Evaluate performance and compliance with contract
