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No, strategic sourcing and post-procurement activities are not the same. Strategic sourcing is a proactive approach that involves analyzing and optimizing an organization’s purchasing processes and supplier relationships to reduce costs and improve quality before procurement occurs. In contrast, post-procurement activities focus on managing and evaluating supplier performance, contract compliance, and ongoing supplier relationships after the procurement process is complete. Both are essential components of the overall procurement strategy, but they occur at different stages.
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What are the post procurement activities?
Post Procurement activities commonly involve; • Supply contract administration, • Inventory control and stores, • Disposals and other related functions.
What are the advantages of e - procurement?
selection contract wil be competitive open tendering
What services are offered by My Post Business?
My Post Business is a business customer platform offered by the Swiss Post. This platform focuses on general daily activities needed by any company that ships on a regular basis. It allows companies to manage their shipping, pricing, invoicing and even ordering materials.
What are the requirements of a post tender meeting?
A post-tender meeting typically requires the participation of key stakeholders, including the procurement team, project managers, and representatives from the bidding companies. Essential documents, such as the tender submissions and evaluation criteria, should be reviewed prior to the meeting. The agenda usually includes discussing bid evaluations, clarifying any questions, and addressing any discrepancies or concerns raised during the tender process. Additionally, proper documentation of meeting minutes and decisions made is crucial for transparency and accountability.
How are post offices funded?
Post offices are funded by taxes. You pay taxes, the government takes that money and pays for post offices.
What are the post procurement activities?
Post Procurement activities commonly involve; • Supply contract administration, • Inventory control and stores, • Disposals and other related functions.
How does xbidcom work?
Xbidcom is an e-procurement platform that connects buyers and suppliers for online auctions and negotiated sourcing events. Buyers post their purchasing needs, and suppliers compete by submitting bids. The platform facilitates transparent and competitive bidding, resulting in cost savings and efficient procurement processes for organizations.
How is the Iran war impacting global procurement strategies, and what should procurement leaders do to manage risks?
The Iran war has crossed months and is having a significant impact on global procurement. Main reasons are disruptions in energy supply, logistics, and raw material availability. The Strait of Hormuz is the big concern due to this war for everyone because 20% of the oil passes through this way in many countries. As a result, procurement cost has increased because oil prices have surged, directly increasing transportation and procurement costs across industries. In the other way, the war has caused shipping delays, rerouting, and increased insurance costs that are directly affecting global supply chains. Pharmaceuticals, fertilizers, and packaging—such industries are already experiencing shortages and rising prices, which further complicates procurement planning. From a procurement perspective, this situation highlights a critical reality: global sourcing is highly vulnerable to geopolitical risks. What Procurement Leaders Should Do: Diversify Supplier Base Avoid dependency on a single region; adopt multi-country sourcing strategies. Adopt Nearshoring or Regional Sourcing Reduce reliance on high-risk zones like the Middle East. Use Data & AI for Risk Monitoring Implement predictive analytics to identify disruptions early. Strengthen Contracts & Risk Clauses Include force majeure and flexible pricing mechanisms. Build Strategic Inventory Buffers Maintain safety stock for critical materials. Focus on Energy Cost Management Hedge fuel costs and optimize logistics planning. Enhance Supplier Collaboration Maintain strong communication for real-time updates and contingency planning. Final Insight: What we have been experiencing due to the Iran war is that procurement is no longer just about cost savings; it’s about risk management, resilience, and strategic decision-making. Organizations that proactively adapt their procurement strategies will be better positioned to navigate uncertainty and maintain business continuity. Check the blog post for more details - Dragon Sourcing Blogs
What has the author Michael Assaf written?
Michael Assaf has written: 'Global sourcing & purchasing--post 9/11' -- subject(s): Business logistics, Foreign trade regulation, Industrial procurement, Purchasing
Which is not a recommended solution to typical post-production support problems?
Sole Source procurement of spares
What jobs were there at the trading post during the fur trade?
At the trading post during the fur trade, various jobs were essential for its operation. Traders managed the procurement and sale of furs, while clerks handled record-keeping and transactions. Additionally, skilled artisans such as blacksmiths and carpenters maintained tools and equipment, and laborers assisted with heavy lifting and general maintenance. Indigenous guides and trappers played crucial roles in sourcing furs and navigating the territory.
What were Lincolns post presidency activities?
Lincoln was assassinated during his presidency, so he never had any "post-presidency" activities.
What are pre and post sales activities?
activities; like displays and advertising for pre follow up emails and calls are post sales
What is the post-reading?
The Taylor and Hancock post-reading stage consists of activities to assure long-term retention of what they have read. These might include pre-reading strategies, vocabulary reinforcement activities, journal writing, or other writing activities.
How do you obtain a printing contract with the Post office?
First you have to have a financial stable printing business. Become regestired with you local state procurement offce. Then register with feeral procurement. Then state with the daily RFQ online listings (Request for Quotation) and pray. Go to every procurement conference and meeting in your area and keep going, it is no quick deal. I was in state and federal purchasing for 10 years it took me 6 years to become seriously established. Good Luck
How do you improve efficiency and effectiveness of procurement function?
Efficiency in procurement is realized when one works on: 1. quality identification; if possible by preparing own clear , precise and easy technical specification/ Terms of Reference or using standards 2. Life Cycle costing; ie,what will be the cost of the goods while using 3. Analyze and include the whole process of procurement in the plan 4. Post contract evaluation as there is no best and final solution for efficient process
What has the author Duncan Angwin written?
Duncan Angwin has written: 'Implementing Successful Post-Acquisition Management (Financial Times Management Briefings)' 'THE STRATEGY PATHFINDER' -- subject(s): Case studies, Strategic planning 'The dynamics of post acquisition management'
