Procurement, the heart of a business

  • 6th November 2017

In the first part of our six-part series, our Chief Executive, Rod discusses the importance of good procurement principles and maps out the things tenderees should consider before publishing a tender.

The role of the procurement team within an organisation has, for as long as I can remember, been based on process management, negotiation and numerical analysis. Yet procurement is about so much more than buying products, materials or services at the lowest possible cost.

The debate around price versus quality has become a hot topic of conversation in recent years, but what if we focussed our attentions more on price and delivery? Yes, the price of something might be right, and the quality of a product might be of a good standard, but if the project doesn't go to plan or isn't delivered as originally agreed and extra work is required, then it's likely than original costs will creep anyway...

Click here to read more about what to consider when you're publishing a tender in this month's Northern Insight magazine and to keep up to date with our six part series, keep an eye out for the next edition of Northern Insight and our news page.