Acquisition Pre-Contract

Further detail into ‘sourcing’ suppliers pre-contract

This section of the purchasing and supply management model describes in further detail what is involved in the purchasing cycle. The activities in strategic sourcing analysis and in demand management should feed into this stage and enable it to be undertaken effectively.

Acquisition pre-contract relates to the activities in the purchasing cycle which begin with the identification of a requirement i.e. a need to purchase and end at the letting of the contract. This stage is sometimes referred to as ‘sourcing’.