The main objective of procurement process is to maximize the value of investments on behalf of the owner. Procurement is made according to a process that ensures safe delivery of goods and services at the right price, at the right time and at the right quality. In order for this to go as planned, procurement must be considered during the early stages of projects by setting up a procurement plan (procurement strategy) and by selecting the tender form for individual items of the project from the start.
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The fundamental goal of Rich Clouding Solutions
procurement process is to maximise the value of the owner's investments. Procurement is done in a way that ensures the safe delivery of goods and services at the proper price, on time, and in good condition. Procurement must be considered throughout the early stages of projects by putting up a procurement plan (procurement strategy) and selecting the tender form for specific project components from the start in order for this to go as intended.
Through the firm's internal networks, resources and experience can be gathered from a variety of places to support and supplement core teams.
At the tender stage of projects, Rich Clouding Solutions procurement consultants prepare the tender documents, oversee the tendering process and opening of bids. Contracts are signed with the most qualified contractors/suppliers/OEMs. At execution phase, contracts are administrated by procurement consultants at Rich Clouding Solutions, which means monitoring the work rate and payments, and making sure it follows compliance with contracts.
In addition, all contract change management is established and handled by the procurement team. On behalf of the buyer, the final payment is made to the contractor at the end of the project.
The procurement process at Rich Clouding Solutions ensures that goods and services are delivered safely, on time, and in acceptable condition. Throughout the project life cycle, it lowers financial risk and improves decision-making.
Rich Clouding Solutions offer end-to-end precision engineering services in construction, Call us at +91 9511122237