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Procurement (Social responsibility and suatainability (Equlaity,…
Procurement
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5 rights
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Other requirements: Goods or services, recycle, support and after-sales
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Good procurement
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Public sector
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Deliver accountability, value for money
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Global
Good: Cost, capacity, availability, innovation
Bad: Lead times, environmental cost, long supply chain
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Working together
Internal: Design, sales and marketing, customer needs, finance, legal, commercial
External: Adversarial or partnership? (Supply continuity, managing costs and innovation
Kraljic matrix: Analyse purchasing porfrolio and identify contracts that pose a high risk in terms of supply
Leverage, strategic, routine, bottleneck
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Definition: The acquisition, whether under
formal contract or otherwise, of
goods, services and works from
third parties