More Related Content Similar to Procurement strategy for economic recovery (20) More from Dr Gordon Murray (20) Procurement strategy for economic recovery1. An English view on procurement during economic downturn: Is it enough? Dr Gordon Murray 16. Politicians steer, procurement managers row, but procurement managers should also set out the strategic options 17. Strategic procurement options appraisal Pay faster than suppliers pay 2 nd tier suppliers Pay slower than you receive payments Supplier Cash flow E-procurement for cost reduction Achieving community benefits orientation Cost reduction orientation Social clauses Functional specification focus Local purchasing Consortium purchasing Multi-sourcing Single-sourcing Short-term contracts Long-term contracts