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Procurement management by piyush garg
The document discusses procurement management and outlines the procurement cycle which begins with identifying a need and developing a business case, then defining an approach, evaluating suppliers, awarding a contract, and managing the contract. It notes critical success factors include not taking a mechanistic approach, using good judgement and transparency, recognizing procurement as a profession, and considering risk profiles. It provides advice to future operations managers to involve experts in strategic procurement and aggregate routine procurements. Finally, it discusses the importance of ethical procurement behavior especially with public money.
Procurement management by piyush garg
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- 2. WHAT IS PMS? Asolution to conduct centralized purchase based on the demands and approvals. PIYUSH GARG MAIT 2
- 3. Procurement Cycle A processthat begins with establishing a justifiable need, through development of business case, competition, awarding and managing the contract and preparing for what will happen when the contract expires. PIYUSH GARG MAIT 3
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- 5. Critical success factors Do not apply it in a mechanistic manner Good judgement, ethics and transparency is important. Should be recognised as a profession Risk profile should be considered. PIYUSH GARG MAIT 5
- 6. Risk Value Matrix PIYUSHGARG MAIT 6
- 7. Understanding value bands PIYUSHGARG MAIT 7
- 8. Advice to futureoperations managers • No decision about me without me • No strategic procurement without expert advice • Routine procurements should be aggregated • Ethical procurer will attract ethical suppliers PIYUSH GARG MAIT 8
- 9. Ethical procurement behaviour Ethicsare rules of conduct which ensures that organisations are trusted and respected by those with whom they deal. Its of particular importance when public money is involved. PIYUSH GARG MAIT 9
- 10. Issues of ethicalprocurement • • • • • Disclosure of interest Gifts and hospitality Confidentiality Fair competition Professionalism PIYUSH GARG MAIT 10
- 11. RESPONSIBILITIES OF MANAGERS Setexamples by acting in a fair and ethical manner Present an open and approachable image Ensuring that guidelines are understood No conflicting roles among officers Periodic rotation of staff posts PIYUSH GARG MAIT 11
- 12. Do you haveany doubts PIYUSH GARG MAIT 12
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