Procurement and probity
Organisations operating within heavily regulated industries continually face tightening funding constraints and increased scrutiny by media and stakeholders. Consequently, these organisations must ensure their procurement and sourcing is exemplary.
Procurement is becoming less tactical and more strategic with a focus on utilising each sourcing opportunity to optimise supply chains and deliver the best results. Procurement requires ongoing relationship management, agility to deploy different methods for different scenarios and careful mitigation of risk. Engaging with a highly skilled and experienced practitioner will help you meet the complex legislative requirements of procurement while achieving the most successful sourcing outcomes to meet your needs.
The benefits of engaging an experienced practitioner
Enable efficiency and effectiveness
Proven methodologies and approaches implemented by specialist resources to ensure procurement needs are met
Access insights
Collaborative working environment encouraging knowledge-sharing and team upskilling
Mitigate risks
Early identification and independent assessment of commercial, financial and probity risks leading to timely mitigating actions
Protect your reputation
Market engagement and interactions are conducted in a professional and pragmatic manner facilitating process accountability, transparency and defensibility
Preserve confidence
Conduct of equitable processes that preserve stakeholder confidence to support competitiveness and achievement of successful outcomesOffering advice and assistance relating to sourcing and supplier relationships, including such activities as:
- Strategic policy review and reform development
- Business case preparation, development and assessments, including procurement options analysis
- Conduct market engagements from planning to contract execution, including specialist advisory input
- Financial evaluation and assessments, including options and pricing analysis
- Commercial risk, pricing and contract and contractor performance management
- Negotiation lead and commercial and financial negotiation SME support
- Project governance and management
- Probity to support the integrity of the process
Conducting independent reviews and investigations to verify whether:
- Procurement process accords with best practice and organisational policies
- Procurement and grants spend comply with objectives, contractual arrangements, performance regime and alliance commitments
- Existing financial models are fit for purpose
- Probity requirements are adhered to throughout any process
- Development of resources, policies and templates to help your organisation uphold appropriate standards of best practices
Development and delivery of training sessions for all levels of staff and board members, supporting ongoing learning and opportunity exploration, including:
- Procurement best practice
- Client-specific procurement policies and procedures
- Probity and governance
Our experts
Andrew Faulkner
Principal Adelaide
Robyn Cooper
Partner Brisbane
Daniel Byrne
Partner Melbourne
Michael Minter
Managing Partner Newcastle and Hunter
