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Procurement Made Simple
Local Buy Procurement Made Simple
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Current Standard Practice
Procurement policies, procedures and guidelines Respond to Queries on Tender Write reports Advise results Call Tenders Public Opening 1 quote 2 quotes 3 quotes etc Keep records Formal Panel Selection via Tender Send responses to all tenderers Guidelines & Policies Advertise 3 weeks Static List Staff Preferred Suppliers Personal contacts
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Where are the Opportunities?
Problem The problem Procurement Don’t know who is getting quotes from whom… Processes are not consistent, structured or transparent… Probity & compliance are onerous to demonstrate Limited supplier & panel performance data Lack of competitive tension Time consuming & frustrating ? Staff Preferred Suppliers Which Supplier? What process? Where are the Opportunities?
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It’s new… and it’s tried and tested
Vendor Panel It’s new… and it’s tried and tested 12 months – 4 major states. 160% increase in utilization (20M – 52M) compared to 0% for non-vendorpanel managed categories. Other recognitions – Finalist x 2, Speaker at 5 conferences. 46,000 government, quasi-government, government-like organisations that use preferred supplier panels + + + Now targeting non-government.
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Vendor Panel Solution Local Buy is using an innovative online gateway for accessing selected Local Buy Panel Arrangements. This new portal (powered by VendorPanel.com) offers an easier, faster and more targeted way of helping users to select the best available contractors for each and every project, with the confidence and security of drawing from the pool of Local Buy Pre-Selected Panel Contractors. Once registered, there are three simple steps… Post, Compare and Invite.
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Consistent, structured & transparent processes
Problem Procurement Full visibility Quick & Easy to use Consistent, structured & transparent processes Probity & compliance to keep the auditor happy Simplified way of finding your preferred supplier Staff Preferred Suppliers Find the best Supplier Fast easy process More opportunities
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Simplifying access to Preferred Supplier Panels Visibility. Governance
Simplifying access to Preferred Supplier Panels Visibility. Governance. Efficiency.
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Staff Personalised tools Save time getting quotes and proposals
Easy to use transparent process with 1-click governance reporting The buyers are council staff that have been granted access to source services and products. The dashboard presented to these users will reflect their level of permissions. With ease of use this helps to create the path of least resistance for buyers, therefore: Simplify access – one access point for all panel sourcing activities Ensure consistent and transparent process – using structured and easy to use wizards Get ‘best fit’ suppliers – make it easy to compare, evaluate and select the best based on key criteria
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Questions
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