A supply management audit finds that sole source purchases have increased significantly due to the...

Issue Identification:

Increased sole source purchases due to inexperience of the sourcing team.

Noncompliance with competitive solicitation policies leading to increased costs.

Rectifying the Situation:

Training Staff: Provides the sourcing team with necessary knowledge and skills to understand and follow solicitation policies, reducing the likelihood of noncompliance.

Reporting Noncompliance: Addresses the issue after it occurs but does not prevent future occurrences.

Improving Audit Procedures: Helps identify issues sooner but does not directly address the root cause (lack of training).

Making Sole Source Review a KPI: Encourages monitoring but does not equip the team with the knowledge to comply.

Conclusion: Training staff in solicitation policies and practices addresses the root cause by ensuring the sourcing team is well-informed and capable of complying with competitive solicitation requirements.

References:

Procurement training programs and resources from the National Institute of Governmental Purchasing (NIGP)

Best practices in procurement and supply chain management from the Chartered Institute of Procurement & Supply (CIPS)

Top of Form

Bottom of Form