Small to Medium Enterprise Specialising in Procurement Services Recently Procurement Co were acknowledged by Queensland Government for our contribution to supporting Queensland Government procurement, and jobs creation in Queensland for 2020/2021.   Small to medium enterprise specialising in procurement services | Department of Energy and Public Works (epw.qld.gov.au)  We’re also happy to announce that since this article was …

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Electronic Signatures in Procurement “Information that is born digitally should be managed digitally” – QLD Government – myth-buster on signatures.If you have engaged in the procurement process, it is likely you have encountered some sort of formal approval requirement. Whether it is via email, software or a physical (wet) signature.Whilst the use of e-signatures has …

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5 Tips For Running A Successful Tender The process of putting together a successful tender involves a lot of moving parts. With each stage having a big impact on the next, there’s a lot to get right from the very beginning. Here are 5 tips for running a successful tender.1. Do your market researchThe first thing …

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How To Measure Your Procurement Team’s Performance To get the best from a business unit, you always need to be measuring its performance. Whether it’s sales, marketing or product development, using Key Performance Indicators (KPIs) to track how a business unit is performing gives you the information needed to make improvements where necessary. The same …

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The Benefits Of Doing Market Research Before Developing A Procurement Strategy Before you can develop an effective procurement strategy or tender, it’s important you understand the state of the market you’re about to enter. Without this knowledge, the chances of not achieving the desired outcome, and instead just wasting time and money are greatly increased. We …

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4 Reasons Why Probity Is Critical In Procurement Operating fairly and with integrity when running a tender is vital for businesses that want to succeed. Probity is not something that can be ignored, as it directly impacts the viability of each tender process, as well as the reputation of your business in the wider industry. Here …

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Should My Business Outsource Its Procurement? Backed by many years of procurement experience in the public and private sector, Procurement Co co-director Heath Jess has seen many businesses come around to the idea of outsourced procurement. According to Heath, however, there’s still a long way to go. “Procurement is still viewed as a service that businesses need …

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Why Selecting The Right Procurement Strategy Is Vital Diving into the procurement process without first understanding the market and its drivers is never a good idea. Instead, thinking through your procurement activities to develop a strategy is incredibly important for getting the best result. We spoke with Procurement Co co-directors Heath Jess and Ryan Jackson to …

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Why Your Evaluation Methodologies Must Be Fit For Purpose “Once the business and procurement are working together with a strong strategic relationship, that’s when you start to discover the next level of procurement.” Those are the words of Procurement Co Director Heath Jess. Working towards a strategic partnership was recently discussed by Procurement Co’s Co-Director, Ryan …

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Maximising Procurement Outcomes Through Stakeholder Engagement The nature of procurement means there are always other parties who have an interest in the business decisions you make. These stakeholders are affected by your procurement activities and decisions, with the selection of a particular supplier having a range of flow-on effects to both the external supply market …

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