It is a powerful tool to enable credibility and demonstrate value. What does transparency mean in the landscape of procurement?
· Full visibility of your forward procurement pipeline – this is great news for your stakeholders and suppliers to enable comprehensive preparation to ensure successful tender outcomes
· Trackers and reporting – both of your sourcing activities progress and benefits planned, enabled and realised
· Clear policy and process – allows everyone to understand due process and how to engage the market successfully.
Having a procurement strategy and plan are key, providing transparency will position procurement as a trusted partner within the business.
- Posted by August Consulting