The importance of added value in procurement and supply, including value by improving:

• Prices or total costs
• Timescales
• Quality
• Innovation
• Sustainability or other source of added value

Work with suppliers, internal customers or other stakeholders to achieve added value outcomes in procurement and supply

The relationship between achieving compliance with processes and achieving outcomes that generate value

Recognise the importance of compliance with organisational processes and simultaneously take actions to achieve added value solutions with suppliers or internal stakeholders

The role of achieving competitive prices when procuring goods and services

Follow good practice in sourcing activities and negotiate to achieve competitive prices for goods and services, including the use of open-book costing and adjustments

Achieving required delivery timescales when procuring goods and services

Work with suppliers and internal stakeholders to achieve quality requirements for procured goods and services

Achieving required delivery timescales for goods and services

Liaise with suppliers and other stakeholders and undertake proactive actions to ensure successful and timely delivery of goods and services

Achieving required quantities of purchased goods and services

Ensure that quantities of procured goods and services are delivered according to contractual agreements and take appropriate actions to address any shortfall or excess

Achieving sustainability of purchased goods and services and promoting sustainability through effective procurement and supply

Monitor goods and services to ensure they comply with the standards set for achieving sustainable outcomes and take appropriate actions to address any issues