Reproduced from Content Gems and all rights are reserved. Procurement Sense is an annual trade publication that explores trends and innovation in the business of procurement and purchasing. It features insights from leading international experts and explores topics that include technology, operations, supply chain, finance and business processes. Click here to check it out.
Managing A Partial Evalution
It is critical that the mathematical integrity of an assessment model is maintained and this can be difficult when one or more assessors have the skills, time or inclination to complete only a partial assessment. This article describes various methods that can be used to ensure the integrity of the model is maintained when assessors carry out incomplete assessments.
The Problem Statement
Let’s look at an example. The BUSDOX Technical Assessment Model caters for 1,000 individual selection criteria broken down into 10 Groups with each Group containing 10 Sub-groups and each Sub-group containing 10 Items. Of course, in most situations less than the full complement of 10 Groups will be used as will be the case for Sub-groups and Items. The following figure makes this clear.
One of the very important validation activities used by savvy procurement managers during the evaluation process is the matching of the bidders’ responses to the technical and commercial requirements schedules and the bidders’ responses to the financial schedule.
In a nut shell, the idea behind technical and commercial to financial matching, shortened to “matching”, is to ensure all bids are evaluated fairly and on a like-for-like basis. To use the common jargon: “We need to ensure we are comparing apples with apples”.
The following diagram shows the process which is described in the text below.
The sourcing strategy or response strategy defines the type of procurement event that will be undertaken, for example, RFI, RFP, RFQ, or RFT. The following paragraphs define the 7 most common sourcing strategies:
The products of BUSDOX are business process artefacts contained within the Libraries of Artefacts. Unlimited access is provided to this library for BUSDOX clients, for the once-only low cost, equivalent to less than a day of a consultant's fee.
The library consists of three types of artefacts: a detailed step-by-step process guide and associated support tools and documents; a collection of invaluable document templates; and, a suite of models covering the technical, commercial and financial aspects of the business process of procurement.
BUSDOX clients will be provided with the following:
We enable our clients to achieve quality outcomes for specific business processes, in a timely and cost effective manner. We do this by providing access to high quality, tested and proven artefacts, stored in our online libraries. We also offer the services of experienced professional consultants, project managers and technical writers, in these same specific business processes.
Our online libraries enable our clients, worldwide, to achieve high quality outcomes in the execution of their business processes.
I have been involved a most aspects
of procurement management and have spent a substantial part of the past 25
years working and learning the business. My most recent client was Australia
Post where I successfully managed, on their behalf, a large Procurement Event
for a replacement of Australia Post’s mid-range computing platform.