Four (4) ways in which you can ensure transparency in the Procurement Process
Farhan Ansari MBA, CPP, CPPM, CISCP
Procurement Manager | Operations Procurement | Supply Chain Transformation | Supply Chain & Operations Consulting
Engage Stakeholders:
1.?????? Identify and involve relevant stakeholders such as end-users, suppliers, and internal departments in the procurement process.
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2.?????? Conduct regular meetings and consultations to gather input and feedback from stakeholders.
Example: Before finalizing a procurement decision, hold a stakeholder meeting where suppliers present their proposals and stakeholders provide their input on the selection criteria.
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Define Clear Scope and Requirements:
1.?????? Clearly define the scope of the procurement project, including objectives, deliverables, and timeline.
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2.?????? Establish transparent criteria for evaluating supplier proposals, such as cost, quality, and compliance with regulations.
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Example: Create a detailed request for proposal (RFP) document outlining project requirements and evaluation criteria, which is shared with all potential suppliers.
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Maintain Open Communication:
1.?????? Establish channels for transparent communication throughout the procurement process, including regular updates and opportunities for feedback.
2.?????? Provide clear guidelines for submitting inquiries and addressing concerns from stakeholders and suppliers.
Example: Set up a dedicated email address or online portal where stakeholders and suppliers can submit questions and receive timely responses from the procurement team.
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Document Decision-Making Process:
1.?????? Document all steps of the procurement process, including the selection criteria, evaluation of proposals, and final decision.
2.?????? Ensure that documentation is easily accessible to stakeholders and auditors to promote accountability and transparency.
Example: Create a procurement file that includes meeting minutes, correspondence with suppliers, and evaluation reports, which can be reviewed by internal auditors or oversight committees.