The widespread acceptance of cooperative contracts as a purchasing best practice has delivered benefits to procurement professionals through increase competition and a variety of choices. The consequences of these numerous choices are confusion and questions about what the best options may be for your organization. Not only do cooperatives vary, but processes for contracts within a cooperative can vary.
Introducing ProcureSource. We provide the information that enables you to make an informed decision. With our due diligence guidelines and contract details, you’ll be able to identify if a cooperative utilizes processes that meet public procurement standards, has sufficient oversight, and employs compliance mechanisms or quality controls.
How do you perform proper due diligence across a dozen cooperative options and still retain the time and administrative benefits of cooperative purchasing? Use the ProcureSource Due Diligence Guidelines to streamline this process and evaluate four key areas. ProcureSource encourages purchasing professionals to conduct your due diligence at the contract level, not just the cooperative. Download print-friendly version.