Make appropriate use of electronic procurement

Institutions are using electronic networks to simplify and speed up all stages of procurement. The use of procurement cards is common and other electronic marketplaces are being assessed and adopted. The use of electronic auctions is becoming more popular as a means of optimising procurement of some types of goods and services, although is not that common in further education sector as its typically more effective for high volume commodity items which aren't that prevalent in the sector.

What is becoming more popular is the use of e-tendering systems allowing competitions to be run electronically including the receipt and return of tenders, which is now mandatory for procurements that exceed the PCR Threshold.

For more information on the electronic procurement tools available to colleges download  A Guide to E-Procurement and A Guide to E-Tendering.