Procurement Perspectives: Private and public sectors both need supplier assessment - constructconnect.com - Daily Commercial News

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Procurement Perspectives: Private and public sectors both need supplier assessment - constructconnect.com - Daily Commercial News
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In his latest Procurement Perspectives column, Stephen Bauld says private and public sectors both need supplier assessment.

Especially where outsourcing is employed, it serves as a critical reality check as to whether strategic targets are being achieved.Conceptually, there are a number of different types of assessments that may be carried out: comparative versus discrete to a particular transaction; continuous versus milestone assessment; pre-contact assessment, which incorporates the process of pre-qualification of suppliers; assessment during supply; and post-supply assessment.

As with all other aspects of municipal procurement, assessment must be carried out in a fair, open and transparent manner. A more rigorous approach measures supplier performance against a standardized set of criteria that are capable of objective measurement.

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