Day: February 12, 2022

Profiling will involve analyzing all your procurement packages and putting them into four groups taking into consideration the value of the procurement packages and the degree of difficulty in procuring the packages as shown in (a) above: Procurement Profile details Read More …

Grouping is to Separate and group together of goods, works, services and consultancies. As a general rule these should not be mixed in procurement except in special cases where they are inseparable. Consider also the cost and the difficulty in Read More …

Knowledge of the scheduling of procurement requirements and of the timeline of each key milestone in the evaluation and selection process (duration of the evaluation process, approval requirements, contract negotiations, etc.) is crucial to effectively package procurement requirements. What is Read More …

Process by which procurement requirements are divided into lots to segregate into smaller packages or packages that requires specific set of qualifications Considerations for Division into Lots The division of a procurement requirement into lots, which could otherwise be procured Read More …

Aggregation of supply means: when the aggregated demand is presented in a consolidated way to the market, a single supplier, or fewer suppliers than before, may respond and contract with us – leading to a supply base for our new Read More …

Procurement planning is the process of deciding what to buy, when and from what source. It is the primary function that sets the stage for subsequent procurement activities. Procurement must take a thoroughly professional view of its role in business Read More …