Global Standard for Procurement and Supply

Current segment

Level: Tactical

Theme: Sourcing

Segment 6.1 The Stages of a Sourcing Process

Segment 6.1 The Stages of a Sourcing Process

Knowledge: Will know and understand Capabilities: Will be able to

Reviewing and clarifying requirements from internal stakeholders

Liaise with internal stakeholders to review and clarify requirements to ensure that value for money outcomes are achieved through the sourcing of goods or services

The generation of requests for information or requests for quotations including:

  • Pricing
  • Delivery timescales
  • Required quality
  • Required quantities
  • Other site information

Ensure that all required details such are entered onto requests for information or requests for quotations or other documents used in the sourcing process

The analysis and comparison of quotations to achieve value for money outcomes when creating purchase orders

Compare and evaluate quotations received from potential suppliers and deal with any queries or concerns about completed documentation

Order placement and contract award

Make recommendations and obtain approvals within delegated levels of authority for the placement or award of contracts

Performance and delivery aspects of the sourcing process

Ensure that deliveries and commencement of work are in line with stated requirements 

Knowledge: Will know and understand

Reviewing and clarifying requirements from internal stakeholders

Capabilities: Will be able to

Liaise with internal stakeholders to review and clarify requirements to ensure that value for money outcomes are achieved through the sourcing of goods or services

Knowledge: Will know and understand

The generation of requests for information or requests for quotations including:

  • Pricing
  • Delivery timescales
  • Required quality
  • Required quantities
  • Other site information
Capabilities: Will be able to

Ensure that all required details such are entered onto requests for information or requests for quotations or other documents used in the sourcing process

Knowledge: Will know and understand

The analysis and comparison of quotations to achieve value for money outcomes when creating purchase orders

Capabilities: Will be able to

Compare and evaluate quotations received from potential suppliers and deal with any queries or concerns about completed documentation

Knowledge: Will know and understand

Order placement and contract award

Capabilities: Will be able to

Make recommendations and obtain approvals within delegated levels of authority for the placement or award of contracts

Knowledge: Will know and understand

Performance and delivery aspects of the sourcing process

Capabilities: Will be able to

Ensure that deliveries and commencement of work are in line with stated requirements 

This segment was last updated on: 20th October 2015

The Global Standard for Procurement and Supply structure

Released in 2014 the Standard is a competency framework of procurement and supply skills, knowledge and capabilities that can be used by individuals and organisations to identity training and professional development needs at varying levels of competency.

The Global Standard for Procurement and Supply structure
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