The market analysis and review policy covers mandatory requirements for market analysis, aggregated purchasing and disposal of assets.
Market analysis and review is the systematic review of the characteristics, capacity and capability of the supply market in order to understand the extent to which the market meets the needs of the buying organisation.*
In-depth market analysis helps you to understand market dynamics which helps determine the best way to approach the market. Market analysis needs to happen before approaching the market and should include local businesses and small to medium enterprises.
Guide to procuring uniforms and personal protective equipment (PPE)
To support the Victorian Government's commitment to create and retain local jobs, the VGPB has released a Guide to procuring uniforms and personal protective equipment (PPE) applicable to all Victorian government entities from 1 August 2018. The Guide mandates buyers to procure locally manufactured uniforms and PPE, wherever possible, to create and retain local jobs.
Government buyers are encouraged to review the Guide and model clauses. The VGPB is currently developing frequently asked questions which will be published shortly.
Aggregated purchasing is a generic term whereby demand for identical or similar categories is grouped together in order to leverage benefits from greater economies of scale when negotiating with potential suppliers*. Aggregated purchasing can offer better value for money, while also reducing duplication of process and driving continual improvement over the life of the contract.
There are mandatory requirements for setting up and managing supplier registers and common purchasing arrangements, either across multiple organisations (state purchase contracts) or in one organisation (sole entity purchase contract).
To receive procurement news, email firstname.lastname@example.org.
* Source: CIPS glossary by Paul Rogers at CIPs Glossary
Tools and Templates
Refer to market approach templates