One of the challenges for commissioners and buying specialists is to maintain a high level of customer, stakeholder and market awareness. Time constraints often limit our ability to keep abreast of what is going on, perhaps until it becomes a problem or we have a new initiative that requires us to engage with the market. As the schematic illustrates, external interaction is a critical across the whole cycle strategically as well as tactically.
Typical activities at this stage
Market, supplier and stakeholder monitoring, feedback and analysis, horizon scanning of political environmental social technological or legal/policy drivers or trends, risk assessment, market shaping or capability development, benchmarking.
One of the challenges for commissioners and buying specialists is to maintain a high level of customer, stakeholder and market awareness. Time constraints often limit our ability to keep abreast of what is going on, perhaps until it becomes a problem or we have a new initiative that requires us to engage with the market. As the schematic illustrates, external interaction is a critical across the whole cycle strategically as well as tactically.
Typical activities at this stage
Market, supplier and stakeholder monitoring, feedback and analysis, horizon scanning of political environmental social technological or legal/policy drivers or trends, risk assessment, market shaping or capability development, benchmarking.