Learning from the experts – Define your lot structure
As one of the most popular categories to run eTender events, many Hosts can underestimate the level of work required to make this category a success. The first point of call is to obtain your previous year’s annual volumes either from your purchasing systems or from your incumbent suppliers.
Our recommendation is to examine breaking the category down into individual sections, although this does depend on your spend and desired outcome. Then to create a core list of items (use the pareto rule on your spend), an alternative core list and a basket. This structure will give you the opportunity to consolidate suppliers and your requirements. Next you will need to work on your SLA’s.