Description
This guide seeks to assist procurement practitioners with deciding the best path to approach the market and identifying the supplier best able to deliver the procurement need.
How you approach the market is primarily based on all the assessments, research and analysis that you have done in the previous stages.
Market approach is how you choose to interact with the market.
It requires a structured approach that satisfies the constitutional requirements for procurement, i.e. fair, equitable, transparent, competitive and cost- effective.
Objective:
This stage seeks to assist procurement practitioners with deciding the best path to approach the market and identifying the supplier best able to deliver the procurement need.
Output:
MARKET APPROACH PRACTICES
- Minimising the cost for suppliers in preparing a submission
- Using familiar and consistent processes
- Maximising participation from small and medium enterprises
- Market research and process integrity
- Eliminating bias when engaging with the market
- Supplier questions
- Adopting an approach that encourages innovative responses
- Requiring compliance with South African National Accreditation Standards where applicable
- Market notification
- Invitation to supply information
- Informing suppliers during the process
- Managing change to published process