Elements and Performance Criteria
- Determine purchasing objectives
- Research and analyse the suitability of industry benchmarks for purchasing for the organisation
- Analyse organisation’s purchasing data and information
- Undertake consultations with relevant stakeholders and personnel to inform development of purchasing objectives
- Draft purchasing objectives in line with organisation’s goals
- Gain approval from relevant personnel for purchasing objectives
- Develop purchasing strategies
- Develop purchasing strategies, taking into account legal requirements and purchasing objectives
- Include the ‘five rights of purchasing’ criteria
- Develop human resource, financial and other plans to support implementation of purchasing strategies
- Make changes resulting from feedback from relevant personnel about purchasing plans and strategies
- Gain approval for plans to implement purchasing plans and strategies
- Implement purchasing strategies
- Communicate purchasing strategies to relevant personnel and stakeholders
- Access resources needed to implement purchasing strategies
- Provide support to implement purchasing strategies
- Monitor implementation of purchasing strategies by the organisation
- Identify and address problems and issues arising during implementation of purchasing strategies
- Provide reports to relevant personnel and stakeholders on the implementation of purchasing strategies
- Evaluate purchasing strategies and implement improvements
- Review implementation of purchasing strategies
- Identify improvements to purchasing strategies from review process
- Gain approval to implement improvements to purchasing strategies
- Communicate improvements to relevant stakeholders and provide support to implement improvements
- Monitor and review implementation of improvements to determine their effectiveness