CONSEQUENSES OF LACK OF PROCUREMENT PLANNING

Lack of planning leads to: Delay in project implementation Inadequate supplier response Procurement process shortcuts Higher prices of goods, services and works Insufficient lead time Claims of unethical or unfair dealings Delay requisitions to create false emergencies

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FACTORS AFFECTING PROCUREMENT PLANNING

1. Staff Competence and Procurement Planning Competency is defined as a capability, ability or an underlying characteristic of an individual which is casually related to effective or superior performance. Competence is a cluster of related abilities, commitments, knowledge, and skills Read More …

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The Benefits of Effective Procurement Planning

Effective Procurement Planning is essential for all procuring entities in the implementation of the purchasing objectives for the following reasons: 1. An effective plan saves time and money 2. An effective plan serves as a conduit to achieving entity‘s objectives Read More …

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Importance of procurement planning

The ultimate goal of procurement planning is coordinated and integrated action to fulfil a need for goods, services or works in a timely manner and at a reasonable cost. Early and accurate planning is essential to avoid last minute, emergency Read More …

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ROLE OF PROCUREMENT PLANNING

Good procurement planning is essential to optimize the contribution of the procurement function towards achieving the overall goals of the organization. It supports: Transparency. Development of Key Performance Indicators (KPIs) according to milestones and accountabilities set in the procurement plan, Read More …

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OVERVIEW OF PROCUREMENT PLANNING

Procurement planning is the process of deciding what to buy, when and from what source. Procurement planning is the primary function that sets the stage for subsequent procurement activities. A mistake in procurement planning has wide implications for local governance, Read More …

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Major features of sign on audit

1. Selective quality auditing- it lets us choose who to audit, what type of user information to track and you can selectively determine what audit information you need to match your organisation needs. 2. Sign on audit reports- it gives Read More …

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Types of audit trails

User activity Audit user activity- track what your users are doing and when they are doing it Choose who to audit and what type of information to audit. View quickly online what users are doing. Sign-on audit With this type Read More …

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SECURITY AND APPLICATION SUPPORT IN PIMS

1. User account and password Employees must take appropriate steps to manage the passwords in a secure manner and to prevent their disclosure to unauthorized persons. The use of another person’s account without permission in PIMS systems or in any Read More …

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