Procurement planning sourcing contracting monitoring evaluation

Description:

This image displays a PowerPoint slide titled "Procurement Planning Sourcing Contracting..." which outlines a 5-step process for effectively managing procurement. The process is depicted as a series of interconnected steps, each with a number and title, suggesting a sequential flow.

1. Procurement Planning:

This is the first phase of the procurement process where strategies are developed to ensure the procurement activities align with organizational objectives.

2. Sourcing & Supplier Selection:

Following planning, the next step is to identify potential suppliers and select the most suitable one based on criteria like cost, quality, and reliability.

3. Contracting:

This involves negotiations with the chosen supplier and the formalizing of terms through a contract.

4. Monitoring & Evaluation:

Once a contract is in place, ongoing assessment is necessary to ensure compliance and performance standards are met.

5. Expediting & Follow Up:

The final stage involves ensuring timely delivery of goods or services and addressing any issues that arise promptly.

Use Cases:

Industries where these slides can be applied include:

1. Manufacturing:

Use: Streamlining supply chain operations

Presenter: Supply Chain Manager

Audience: Procurement team

2. Construction:

Use: Managing supplier relationships for construction projects

Presenter: Procurement Director

Audience: Project managers and contractors

3. Healthcare:

Use: Ensuring the continuous supply of medical equipment and medicines

Presenter: Healthcare Supply Chain Coordinator

Audience: Hospital administration staff

4. Retail:

Use: Vendor management for retail inventory

Presenter: Retail Purchasing Manager

Audience: Retail management and buyers

5. Information Technology:

Use: Procurement of software and hardware solutions

Presenter: IT Procurement Specialist

Audience: IT management team

6. Government:

Use: Governmental procurement policy training

Presenter: Government Procurement Officer

Audience: Public sector procurement staff

7. Education:

Use: Sourcing educational resources and services

Presenter: School District Purchasing Manager

Audience: School administrators and board members