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The Top 12 Procurement Planning Pitfalls
Make sure you plan your next procurement properly by avoiding these common issues.
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To ensure a successful procurement event, planning is paramount. Failure to do so can result in redundant spending, failure to obtain a mission-critical product or service, or worse.
To help you out, we’ve created a list of the top twelve procurement planning pitfalls you should watch out for and how to avoid them. Consult this list to make sure you and your organisation are going about procurement planning the right way.
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- There can be a lot of important steps to remember in the planning process that can be hard for staff to remember.
- These steps can range from not knowing what policy to follow, not defining scope, failing to keep an audit trail, and more.
- All these problems can be solved by using a dedicated policy guide or procurement planning solution, as well as using a few key techniques.
Did you Know? Getting Audit Ready
Our modules allow audit ready reporting to be generated across the full sourcing lifecycle
Grant Management Overview
This functionality gives end-to-end visibility to manage projects and contracts for grants
Did you Know? Conflict of Interest Declaration
Users can identify real or potential COIs in planning and evaluation stages of an event.
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