Elements and Performance Criteria
- Undertake market analysis
- Organisation's strategic procurement requirements and commercial and policy factors impacting procurement are identified.
- Extent to which a competitive market exists to meet the organisation's needs is researched.
- Number of suppliers, their market share and the degree and type of competition between suppliers are identified.
- Nature, quality and maturity of the supply chain are analysed.
- Environmental, sustainability and corporate social responsibility factors affecting the supply market are identified and analysed.
- Expert assistance is engaged as necessary to assist with market analysis.
- Influence and develop markets
- Supply markets and strategic industries are identified and analysed to identify emerging and predicted trends.
- Analysis of supply markets and strategic industries is undertaken, including capabilities, limitations, financial standing and past performance of existing and potential suppliers.
- Range of strategies, within probity boundaries, is used to influence markets.
- Market development strategies are used to develop and influence market capability within probity boundaries.
- Implications of procurement threats and opportunities imposed by supply markets are identified and communicated to stakeholders according to organisational guidelines and public sector standards.
- Implement strategic procurement activities
- Procurement methodologies are determined according to organisation's strategic procurement plan.
- Requirements are designed to deliver business outcomes and provide value for money, including whole-of-life considerations.
- Methodologies are guided by constraints, complexity and importance of procurement requirement and the marketplace.
- Procurement activities are determined and teams are formed and coordinated to manage strategic procurement activities.
- Performance measures are determined to suit the range of procurement activities.
- Performance is analysed against measures, and a cycle of continuous improvement is implemented to improve procurement performance.