Inviting Bids

Bids should be invited through the publication of an announcement of tendering proceedings. No pre-qualification should be conducted for disposing of stores, assets or equipment. Prequalification may only be resulted to with the prior approval of the PPOA. Contents of Read More …

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Annual Disposal Planning of Stores and Equipment

A Procuring Entity should undertake annual stocktaking of stores and valuation of assets and equipment and maintain an up to date inventory register. Procuring Entities should prepare a disposal plan for each fiscal year. Annual disposal planning should be integrated Read More …

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DISADVANTAGES OF VMI

Size of the Buying organization and consumption rates This may sound glib, but it is true. Take retail for example – if you have thousands of shops and significant buying power suppliers may be able to justify the management cost Read More …

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