Posts Tagged ‘Supplier performance’
How public buyers rate suppliers, and what those ratings leave out.
In the book: Chapter 7: Value Is Not Promised; It Is Proven (2) · Chapter 9: The Value Control Loop (3) · Chapter 11: Outcome Credibility Markets (2) · Chapter 19: Preemptive Value Architecture (1) · Chapter 22: Embedding Buyer Governance (1)
Analyst Ratings Rank Vendors on Criteria You Didn’t Choose
Market ratings are getting better at telling buyers which providers deliver. None of them can tell a company whether its own purchase did what it was bought to do.
Read MoreBritain’s New Rights to End Public Contracts Ignore the Results
The Procurement Act 2023 writes termination rights into public contracts that no term can remove. Each is measured against a contract, and none refers to the result the purchase was bought for.
Read MoreNew Zealand Tracks On-Time, On-Budget Purchases but Not Results
New Zealand’s annual procurement capability report counts how many agencies recorded on-time and on-budget delivery. It has no figure for whether purchases produced their results, and its benefits reporting for significant contracts is paused.
Read MoreFederal Contract Reviews Will Ask Six Questions, None on Results
Federal buyers must review their schedule purchase agreements in writing every year. Under the acquisition overhaul that review is going from three items to six, and none asks what the purchase produced.
Read MoreUK Buyers Now Rate Suppliers Publicly, With No Way to Compare
Public buyers in the UK now rate their suppliers every year and publish the verdict for the next buyer. The register that would let that buyer compare ratings is still described in the future tense.
Read MoreThe NHS Standard for Buying Medical Tech Never Checks Results
The Department of Health and Social Care published a national standard for value in medical technology in June. Every mandatory line in it is about weighting a tender, and the word verify appears nowhere.
Read MoreEurope’s Draft Rules Reward Quality at Signing and Stop There
Europe’s new procurement proposal puts a legal floor under the weight given to quality at award and asks for a record when each contract ends, but leaves the buyer to check whether the quality arrived.
Read MoreBritain Made Buyers Publish a Verdict on Their Suppliers
The Procurement Act 2023 now makes public buyers assess their suppliers and publish the verdict. The statute never says the verdict has to be about the value the contract was bought for.
Read MoreUK Government Contracts Will Weigh Social Value and Report on It
On 5 August the UK published its value model: terms in advance, minimum weights of 10 and 20 percent, KPIs on a public record, and consequences at the next award. The mechanism transfers.
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