Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Purchasing Model

  • Login to see the comments

  • Be the first to like this

Purchasing Model

  1. 1. PURCHASING MODEL Planning  ASSESS YOUR NEEDS What you buy, where, budget, how can you reduce cost  SCAN THE MARKET Who sells what, price, key trends in market, emerging suppliers  IDENTIFY POTENTIAL SUPPLIERS Build a short list linking needs assessment and market scan  DEFINE YOUR SOURCING BENCHMARKS Order size , frequency, reliability, quality, value for money, service, communication, relationship, risk, compliance, sustainability, ethics
  2. 2. PURCHASING MODEL 2 Action  ISSUE RFI, RFP, RFQ Request For Information, Proposal , Quotation to suppliers  NEGOTIATE CONTRACT WITH SUPPLIER Use Positional Bargaining 4 Step Method ©  REVIEW SUPPLIER PERFORMANCE Evaluate performance and compliance with contract

×