Knowledge – Page 6 – Evocurement

What you should know about conflict of interest

03/01/2022 Comments 0 Comment

To any organisation who commits to integrity and sustainable development, conflict of interest is an issue that needs to be constantly monitored. With conflict of interest under control, the senior management may encourage meritocracy, diversity and innovation within an organisation. To get that objective done, the organisation should have policies and strategies in place. In this post, we suggest a few methods you may use. What is conflict of interest? Before we approach to managing and preventing conflict of interest,…

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How does the buyer assess the brand and reputation in sourcing process?

03/01/2022 Comments 0 Comment

Procurement professionals are usually required to set up a cluster of criteria in supplier selection and supplier appraisal. The more comprehensive those criteria are, the more added value the buyers may bring to buying organisations. Besides the five rights as well as the total cost of ownership that purchaser need to consider, CIPS mentions some non-monetary factors which can add more value to the buying organisation. In this blog post, we clarify two factors: Brand & Reputation and explain how…

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The Importance of The Outsourcing Matrix to The Success of Organisation

22/11/2021 Comments 0 Comment

Have you considered hiring the cleaning service for your office? Why did you choose to outsource this task? However, if you work in a restaurant and hotel industry, cleaning service outsource is a smart choice, isn’t it? So what is the problem here? First, in different industries, cleaning task may be important or not to your organisation’s competitive advantages. Customers choose to have dinner at your restaurant over your competitors because of the important reason which is the clean and…

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Types of specifications in construction industry

08/06/2021 Comments 0 Comment

You may have known very well about performance and conformance specifications. While the former informs the supplier about the outcome/output that they must deliver, the latter tells them the technical aspects of the product: dimensions, materials, etc. But are they enough for a contractor to construct a building? Look at this design. The drawing alone can be considered as a conformance specification for the contractor. Can they send you a detailed quotation solely based on this drawing? I think they…

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What a supply chain map looks like?

01/06/2021 Comments 0 Comment

As procurement professionals, we hear a lot about supply chain and supply chain mapping. But not everyone is lucky enough to see the whole supply network on a map. The following picture illustrates a single supply chain to make a Zara’s dress.