STEP 6 of the Procurement Process : Negotiate with Suppliers and Select the Winning Bid

A typical strategic procurement process involves seven major steps. Organizations will adapt this process based on the type of competitive advantage strategy they are implementing,…

Haylea Burant-Roque

I am a graduate of the Advertising and Marketing Communications Management program at Algonquin College and currently the Marketing and Communications intern at The Forum of International Trades Training (FITT). I enjoy content creation, design and finding unique consumer insights to reach target audiences.

STEP 5 of Procurement Process: Implement the Sourcing Strategy

Sourcing strategies that involve acquisition or strategic partnerships are major undertakings. For a direct purchase, organizations may begin with an Expression of Interest (EOI), prepare an RFP or RFQ, and solicit bids from identified potential suppliers as part of a competitive bidding process.

Haylea Burant-Roque

I am a graduate of the Advertising and Marketing Communications Management program at Algonquin College and currently the Marketing and Communications intern at The Forum of International Trades Training (FITT). I enjoy content creation, design and finding unique consumer insights to reach target audiences.

STEP 4 of the Procurement Process: Develop a Sourcing/Outsourcing Strategy

A typical strategic procurement process involves seven major steps. Organizations will adapt this process based on the type of competitive advantage strategy they are implementing,…

Haylea Burant-Roque

I am a graduate of the Advertising and Marketing Communications Management program at Algonquin College and currently the Marketing and Communications intern at The Forum of International Trades Training (FITT). I enjoy content creation, design and finding unique consumer insights to reach target audiences.

STEP 3 of the Procurement Process: Collect Supplier Information 

A typical strategic procurement process involves seven major steps. Organizations will adapt this process based on the type of competitive advantage strategy they are implementing,…

Haylea Burant-Roque

I am a graduate of the Advertising and Marketing Communications Management program at Algonquin College and currently the Marketing and Communications intern at The Forum of International Trades Training (FITT). I enjoy content creation, design and finding unique consumer insights to reach target audiences.

CITP Spotlight: Ahmad Malek, Procurement Officer

Ahmad Malek’s journey in international trade began in 2012 when he joined the Schlumberger Dubai office in the finance team of the logistics and distribution…

Meghana Joshi

I am the Email Marketing Specialist for the Forum for International Trade Training. My background is in content marketing, copywriting, research and creative writing. I am passionate about my craft and enjoy creating content that attracts, impacts and resonates with my audience.

Step 2 of the procurement process: Conducting an assessment of the suppliers’ market

A strategic procurement process is essential to your overall business strategy. In addition to helping organizations maximize their spending and value effectively, it also gives…

Sheena Koo

I am the Content Marketing Manager for the Forum for International Trade Training (FITT). My background is in copywriting, content strategy, content marketing, and content management. Passionate about stories with purpose and meaning, I connect readers to writing that's engaging, useful, and informative.

CITP Spotlight: Rodrigo Osorio – Procurement Manager at Asia Grupo

For Rodrigo Osorio, it all began in Shanghai, China where he was working to develop his Chinese language skills in a corporate environment. Attending the Canton Fair in Guangzhou, proved to be a turning point in Rodrigo’s career in international business.

Meghana Joshi

I am the Email Marketing Specialist for the Forum for International Trade Training. My background is in content marketing, copywriting, research and creative writing. I am passionate about my craft and enjoy creating content that attracts, impacts and resonates with my audience.

4 procurement and pricing strategies to mitigate the impact of increasing tariffs

When mitigating the impacts of increasing tariffs, you need to consider 4 important levers – procurement costs, supply chains, customers, and competitors.

Alain Meloche

Alain, a Harvard MBA, is the Global Practice Lead for the Internal Consulting Group, an international management consulting firm based in Australia. During his 25-year pricing career, he has built pricing strategies and led implementation efforts for a large number of companies selling internationally in a number of industries including manufacturing, pharmaceutical products, medical devices, high technology, telecommunications, logistics, financial services, and consumer goods.

Step 1 of the procurement process: Conducting an internal needs assessment

The purpose of conducting an internal needs analysis is to benchmark current performance and then identify needs and targets in order to develop a procurement strategy.

Pamela Hyatt

I am the Content Marketing Specialist for the Forum for International Trade Training (FITT). You can find some of my work on TradeReady.ca. My background is in copywriting, journalism and social media. My passion lies in connecting people to the stories that are most important to them.

The 7 steps of a strategic procurement process

The procurement process can be complicated one. Strategic procurement is an organization-wide process. Here are the 7 steps that lead to a successful procurement process.

Chris Blood-Rojas

Chris is the marketing and communications intern at the Forum for International Trade Training (FITT). He is a graduate of Carleton University with a Bachelor of Arts honours degree in communication studies as well as the Algonquin College public relations program. His background is in communications, marketing, and public relations.