Description
Solution
ROSHN operates a fully independent PS&M department mandated with the responsibility of generating an approved supplier list framework agreements. The components of the agreement is as illustrated in the following;
Figure 2:Approval Supplier List Framework Agreements
Source: CIPS Module Notes
Also, it is a responsibility of the PS&M to generate the Pre-Qualification Questionnaire (PQQ) which is used in identifying the most appropriate supplier for different contracts implementation. This is through the application of procurement supply cycle (CIPS, 2024) comprised of different phases from specifications, tendering and eventually assets management relevant for all the PS&M professionals. Based on the outcomes, the commercial team plays the mandate of analysing and breaking down of the costs in managing tendering, suppliers relation for ensuring vendors are working in the system. These stages are illustrated in the following;
Figure 1:Procurement Cycle Diagram
Source: (CIPS, 2024)
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