Knowledge Library

Procurement Stakeholders
What are stakeholders Procurement stakeholders are any individual, department or organisation that has an interest in any aspect of the ...

Procurement Value Analysis in Healthcare
Procurement value analysis is a systematic, objective process for evaluating new and current products and services with a view to ...

Procurement Value for Money
Value for money (VFM) is the optimum balance between the cost of a procurement (input) and the value achieved (output). The following ...

Public Sector Procurement Procedures
Introduction Most healthcare procurement is undertaken by public-sector organisations. The EU stipulates a number of standard ...

Public, Private and Third-sector Procurement
What is it? Healthcare provision in Africa is usually performed by a mix of public-, private- and third-sector organisations. ...

Quality Management
Quality is vital to successful organisations. At its simplest, quality is the standard of a product or service, as measured against ...

Questioning Techniques
What is it? Asking frequent and effective questions is one of the behaviours of skilled negotiators. Asking questions (along with ...

Records Management
What is it? Public entities which practice good procurement management view record management as important. This is because sound ...

Relationship Management
The best procurement is all about strong relationships with suppliers. I have learnt that successful organisations work closely with ...

Responsible Procurement
Responsible Procurement Organisations are increasingly aware of the need to think beyond sales and profits. This means understanding ...

Risk Evaluation: A Case Study Example
Introduction Risk management is the identification, analysis, evaluation and mitigation of risks. Risks are often evaluated according ...

Risk Management
Definition Risk may be defined as ‘the probability of an unwanted outcome happening’ or a collection of unknown and known ...