Global Standard for Procurement and Supply

Current segment

Level: Operational

Theme: Delivering Outcomes

Segment 7.4 Achieving Added Value Outcomes in Procurement and Supply

Segment 7.4 Achieving Added Value Outcomes in Procurement and Supply

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

Defining 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 the achievement of outcomes that bring added value

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

Achieving competitive prices for purchased goods and services

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

Achieving quality requirements of purchased goods and services by the implementation of processes, procedures, standards or methodologies to improve quality

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

Achieving required timescales for purchased goods and services

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

Achieving required quantities of purchased goods and services

Ensure that quantities of purchased goods and services are delivered 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 that purchased goods and services comply with the standards set for achieving sustainable outcomes and take appropriate actions to address any issues

Knowledge: Will know and understand

Defining added value in procurement and supply including value by improving:

  • Prices or total costs
  • Timescales
  • Quality
  • Innovation
  • Sustainability or other source of added value
Capabilities: Will be able to

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

Knowledge: Will know and understand

The relationship between achieving compliance with processes and the achievement of outcomes that bring added value

Capabilities: Will be able to

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

Knowledge: Will know and understand

Achieving competitive prices for purchased goods and services

Capabilities: Will be able to

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

Knowledge: Will know and understand

Achieving quality requirements of purchased goods and services by the implementation of processes, procedures, standards or methodologies to improve quality

Capabilities: Will be able to

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

Knowledge: Will know and understand

Achieving required timescales for purchased goods and services

Capabilities: Will be able to

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

Knowledge: Will know and understand

Achieving required quantities of purchased goods and services

Capabilities: Will be able to

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

Knowledge: Will know and understand

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

Capabilities: Will be able to

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

This segment was last updated on: 4th April 2017

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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