Defining Best Practices in Public Procurement and Contract Management

Defining Best Practices in Public Procurement and Contract Management OK-fingers

Do you employ best practices in your organization? How do you know they are the “best”? Did you invent the practice, or did you adopt it, or adapt it, based on some pre-existing practice? Does the practice work for both the purchaser and the supplier? How and when should you solicit your suppliers for input on your best practices?

The term is commonly misused to describe business rules or good ideas that must be or should be followed because of corporate governance or basic logic. The following article looks at best practices
in procurement reform, “high level” and suggested best practices.

 

The following article originally appeared in The Legal Edge Issue 81

Best Practices, Business Rules, or Just Good Ideas?

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