GRE offers Procurement support and assistance to organizations involved in the execution of EPC projects. These services aim to streamline and optimize the procurement function by offering expertise, guidance, and resources throughout the procurement lifecycle.
This can include activities such as market research, supplier identification and evaluation, contract negotiation, bid management, and supplier relationship management.
Procurement support services help organizations make informed decisions, improve efficiency, reduce costs, and ensure compliance with relevant regulations and policies.
Some common examples of GRE’s procurement support services include:
Market Research: Conducting research to identify potential suppliers, assess market trends, and gather information on pricing, quality, and availability of goods or services.- Supplier Identification and Evaluation: Identifying and evaluating potential suppliers based on criteria such as their capabilities, track record, financial stability, and compliance with relevant regulations.
- Request for Proposal (RFP) Development: Assisting in the development of comprehensive RFP documents that clearly outline the requirements,
specifications, and evaluation criteria for potential suppliers.
- Bid Management: Managing the bid process, including issuing bid invitations, receiving and evaluating bids, conducting bid negotiations,
and selecting the most suitable supplier.
- Contract Negotiation: Assisting in negotiating favorable terms and conditions with suppliers, ensuring that contracts are fair,
legally compliant, and meet the organization's needs.
- Supplier Relationship Management: Establishing and maintaining effective relationships with suppliers, monitoring their performance, resolving
issues, and fostering collaboration for long-term success.
- Compliance and Risk Management: Ensuring compliance with relevant laws, regulations, and ethical standards, as well as managing and mitigating risks associated
with procurement activities.
- Performance Monitoring and Reporting: Monitoring supplier performance against agreed-upon metrics, tracking key performance indicators, and providing
regular reports to stakeholders.
