Industry engagement

Industry engagement is a key part of procurement because it helps agencies become informed buyers.
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What you need to know
  1. Industry engagement is an essential step in becoming an informed buyer.
  2. It helps your agency align its procurement with what’s happening in the marketplace.
  3. Industry engagement can be separate from the 'plan, source, manage' procurement process or part of your planning stage.
  4. There are different forms of industry engagement. What’s likely to work best will depend on your circumstances.
  5. Every agency should undertake industry engagement.
  6. Both your agency and your suppliers should ultimately benefit from it.