Sourcing


Sourcing seeks to find, evaluate and engage suppliers to achieve cost savings and best value for goods and services which can be done through a tender process. Factors such as reliability, quality, flexibility and capacity are considered in the tendering process alongside price.

CIPS Procurement Topics

Related news

Brexit: Step up and lead the way, says CIPS chief David Noble

Date: Friday, July 01, 2016

First published in Suply management magazine.

CIPS is preparing a health check to guide users through taking the necessary precautions at this stage and help them identify supply chain risk that they can apply to different scenarios as more information comes...

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Procurement tool targets bid-rigging cheats

Date: Monday, June 20, 2016

Procurers will be better equipped to stop bid-rigging and save taxpayers’ and businesses’ money with the launch of an e-learning package.

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Australia’s supply chains face a looming crisis, warns CIPS

Date: Friday, August 07, 2015

Australia faces a looming supply chain crisis, according to the Chartered Institute of Procurement & Supply (CIPS), as it reveals that almost half (48%) of Australian supply chain managers say their employer has failed to equip them with the new skills they need to...

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Global Standard for procurement and supply is now available as an interactive tool

Date: Thursday, October 02, 2014

Global Standard, free and available to all

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Ace aviation

Date: Thursday, May 15, 2014

Skilful procurement plays a key role at iconic Australian carrier – and brand – Qantas, its CPO Jane Harley tells Anna Scott.

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Related training course

Essentials of tendering

Date:

Tuesday 28 March 2017

Venue:

De Vere Devonport House

Address:

London

Fee:

Members - £450.00 per person
Non-members - £500.00 per person

View Course

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Related concepts

Sourcing

Reactive and strategic sourcing approaches are not mutually exclusive, however, strategic approaches are preferable because of their inherent ability to maximise...

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How to Prepare and Evaluate Tenders

An offer, usually in writing, to execute work or supply goods or services at a stated price, and under stated conditions.

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