The contribution internal and external stakeholders make to procurement and supply activity

Research, assess and prioritise stakeholders' requirements to ensure value outcomes and risk-assured solutions

The potential conflicts of interest that may exist in the work of procurement and supply, and processes to manage potential conflicts of interest

Manage any conflict of interest that may arise with stakeholders to ensure the objectives of procurement and supply are prioritised

The use of documented policies and procedures for the work of procurement and supply, including:

• Responsibilities for procurement
• Regulations relating to competition
• Levels of delegated authority
• Responsibilities for the stages of the sourcing process
• Invoice clearance and payment

Advise stakeholders on the interpretation of procedures for procurement and supply

Procedures for the separation and segregation of duties

Advise internal stakeholders of the procedures that apply to the separation and segregation of duties in performing roles in procurement to prevent fraud and error

The use of codes of ethics in procurement and supply

Monitor the work of internal stakeholders to ensure that the codes of ethics in procurement and supply are upheld

Comparisons of centralised, devolved and hybrid organisation structures for carrying out procurement and supply activities

Explain to colleagues and other internal stakeholders the organisation structures that can be adopted for procurement and supply activities, while recognising the strengths and weaknesses of each structure

The use and purposes of financial budgets that impact on procurement and supply

Advise internal stakeholders on procurement and supply issues that impact on the creation and management of financial budgets

The impact of procurement and supply operations on the organisation's and suppliers' cash and working capital

Advise appropriate stakeholders on the implications of the organisation's and suppliers' cash and working capital through procurement and supply activities