HUDSON PROCUREMENT GROUP UNDERGOES MAJOR MARKET RESEARCH PROJECT
Procurement Policy – Major Market Research Project!
Hudson Procurement Group is currently undergoing a major research project into how businesses supply government and publicly funded bodies, in a bid to create an open, fair and transparent process by anyone spending public purse.
As part of our long-term growth strategy, we will be launching our Procure Smart platform. This research will be used to inform our knowledge as we move into our next venture – dispelling the myths and overcoming the misconceptions surrounding tendering and procurement, for all.
Whilst conducting this research we will be assessing how and where tender opportunities are published in the wider public domain. In our early stage investigations, we have discovered mass confusion amongst both buyers and suppliers regarding terminology and procurement policy, we want to eliminate this and produce these findings to advise both sides of the buy and supply table.
One of the main aims of this research project and long-term goal for Procure Smart is to gain clear insight into public spending. Through our own exploration, we have uncovered some confusion surrounding freedom of information policy requests, mainly what is available and what is not.
Our Growth Director, Jill said ‘During my 16 years’ experience working in public sector procurement, I have noticed major discrepancies between buyers and suppliers. As part of our long-term growth strategy, we are working towards complete transparency within the procurement sector by evoking a change in current government policy.
Submitting a tender response
‘We want suppliers to feel like they’re not wasting valuable time when submitting a tender response, and we want to ensure SMEs flourish by ensuring easy access of opportunities and a clear understanding of what is firstly available, and secondly what is right for their business’.
Our goal will ultimately help buyers and suppliers procure more effectively across the UK and beyond, as we lobby for smarter procurement practices to be embedded in certain legislation[s].
The launch of Procure Smart will drastically improve the way that procurement policy is conducted in the business to business industry, especially with the likes of a looming Brexit and the disconcert surrounding this.
For further information regarding this research please feel free to GET IN TOUCH!
To access information and training into tendering and procurement please see TENDER VLE!