
Strategic procurements involve multiple stakeholders, significant budgets and have a big impact on business performance. They may represent only 5% of procurement transactions, but often account for 50% of annual spend and 90% of procurement risk. The issues faced by procurement professionals are common throughout the world.
QinetiQ Commerce Decisions delivers proven software - AWARD, best practice knowledge and expert services to assist sourcing projects through-life; from preparation, qualification, evaluation, negotiation to continuous supplier performance review and contract compliance.
AWARD software provides a central web-based information and process & infrastructure enabling project teams to collaboratively make major contract decisions and monitor subsequent performance. It is proven to significantly increase contract value and reduce risk and used in projects totalling over £50 billion to date.
In the US, AWARD is available under the United States General Service Administration (GSA) schedules program. In the UK, AWARD is part of the Buying Solutions eSourcing framework contract.
QinetiQ Commerce Decisions customers include the UK Home Office, Transport for London, NHS, the UK Olympic Delivery Authority, the British Broadcasting Corporation, Compass, UK and Finnish MOD.
QinetiQ Commerce Decisions operates throughout the USA and Europe and is supported through a network of certified partners.
The costs associated with the procurement process were lower, and the whole process was much faster using AWARD compared with traditional procurement tools such as spreadsheets. AWARD's powerful search and analysis tools allowed the evaluators to...
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Lesley Pyne, Senior Procurement Manager, DCA