Transcription of Supply market analysis
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Supply market analysis Office of the Chief Advisor - Procurement Supply market analysis Office of the Chief Advisor - Procurement Page 2 of 40 Table of contents Table of contents .. 2 Introduction .. 5 Purpose .. 5 Relationship to the Queensland Procurement Policy 6 Objectives of Supply market analysis 6 Opportunities for improving value for money 6 Identification and management of Supply -related risks 7 Planning for Supply market analysis .. 7 Recommended practice 7 Preliminary steps 7 Develop a research plan 8 Prepare a project schedule 8 Define goals, objectives and scope 8 Identify resource requirements 9 Supply market analysis framework 9 Sources of information and research methods 10 Conducting Supply market analysis .
Supply market analysis also helps to manage risk by identifying and analysing how favourable the supply market is to buyers compared with suppliers, and the probability of supply market failure. Together with techniques such as market sounding and …
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