01. Contract Award

Once the successful supplier has been identified and approval has been received to award the contract, you can notify suppliers of the outcome.

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02. Contract Management

Your supplier’s performance should be managed throughout the lifetime of the contract to make sure that they perform to the quality, service, cost and delivery identified in your original quotation.

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03. Lessons Learned

Capturing and using lessons from your procurement activity will help you understand which areas performed well and areas for development.

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