Tools and Techniques of Conduct Procurements Process

[@pmclounge]

Check out more Procurement Management videos here bit.ly/ProcurementManagement

[@arwindersingh690]

Video explains everything about tools and techniques used for procurement conduct process. keep uploading simpler videos like these. these are so helpful. Thanks

[@pmclounge]

Thanks for your comment Arry. You might want to check the playlist section of our channel for more Procurement related videos. Here's the link to the Procurement Management playlist bit.ly/ProcurementManagement. Cheers 😊👍

[@ranjeetkaur7996]

I learned about leveraging data analytics for better decision-making, strategic sourcing methodologies for cost-effectiveness, and the importance of technology in streamlining the procurement process.

[@pmclounge]

Awesome takeaways! Glad you picked up on leveraging data analytics, strategic sourcing, and the role of technology. 🚀 Consider subscribing for more insightful content like this! 👍

[@kshitijrathod3969]

Expert judgement is also a good help for selecting seller, making negotiations & working deliberately on project

[@pmclounge]

Good point Kshitij 👍

[@2109varun]

Expert judgements might help with there past experience with the type of contracts which are proposed for the current project whether the same is viable for this project. If that type of contract can’t be avoided what are the terms & conditions to be included in the agreements for the smooth flow of the project

[@dewaynewood2122]

Great. Thank you.

[@pmclounge]

You're welcome 👍🙂

[@cmj13]

Expert judgement is a tool which shows the past experiences of similar projects with the viability to carry out the project in a similar fashion such as their terms and conditions, contractual documents, process of scheduling etc.. other tools can be team skills on Bid negotiations...

[@pmclounge]

In some organizations, it can simply be a group of consultants/experts that can be consulted 😊👍