Sourcing


Sourcing seeks to find, evaluate and engage suppliers to achieve cost savings and best value for goods and services which can be done through a tender process. Factors such as reliability, quality, flexibility and capacity are considered in the tendering process alongside price.

CIPS Procurement Topics

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Modern slavery in the UK's supply chains - contribute to CIPS knowledge on progress

Date: Tuesday, May 29, 2018

CIPS would like to see how things have changed in the procurement community.

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CIPS economist comments on the UK election results

Date: Friday, June 09, 2017

The increased uncertainty could further damage investor and consumer confidence resulting in dampened GDP growth.

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Free risk and resilience online tool launched to help procurement professionals build resilience in their own supply chains

Date: Wednesday, April 26, 2017

CIPS has launched a free online tool to support procurement and supply management professionals and those with an interest in buying to develop resilience in their own supply chains. 

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Brexit: Step up and lead the way, says CIPS chief David Noble

Date: Friday, July 01, 2016

First published in Suply management magazine.

CIPS is preparing a health check to guide users through taking the necessary precautions at this stage and help them identify supply chain risk that they can apply to different scenarios as more information comes...

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Procurement tool targets bid-rigging cheats

Date: Monday, June 20, 2016

Procurers will be better equipped to stop bid-rigging and save taxpayers’ and businesses’ money with the launch of an e-learning package.

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Related concepts

Sourcing

Reactive and strategic sourcing approaches are not mutually exclusive, however, strategic approaches are preferable because of their inherent ability to maximise...

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How to Prepare and Evaluate Tenders

An offer, usually in writing, to execute work or supply goods or services at a stated price, and under stated conditions.

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