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TMLSA Sourcing Process

Procurement Principals of TMLSA:

TMLSA applies international sound contracting principles that apply to all contracts for the supply of goods and/or services.

The sound contracting principles are:

  • Workplace Health & Safety - zero harm and environmental protection.
  • Value for money.
  • Open and effective competition - suppliers treated consistently, fairly and equitably.
  • The development of competitive local business and industry.
  • Ethical behavior and fair dealing.

A key priority for TMLSA is to maintain a consistent approach with its Suppliers and Contractors and enhance it's reputation in the marketplace as a fair and reliable business partner.

6-STEP SOURCING PROCESS METHOD :

Kinross use a six-step best-practice sourcing methodology.
It is structured and transparent through every step and assists in the implementation of strong contracting principles.

click on the graphs to unfold the information.

  • Develop the scope
  • Target items
  • Category approach
  • Baseline pricing
  • Historical and forecast spend
  • Bidders list
  • Supplier selection
  • End user alignment
  • Prepare RFQ
  • Release RFQ
  • RFQ acknowledgement
  • Clarifications
  • Closing dates
  • RFQ delivery method
  • Bid opening
  • Transparency into bid submissions
  • Evaluation criteria
  • TCO Model
  • Bid Analysis
  • LBI
  • Commercial
  • Technical (n/a)
  • Terms exceptions
  • Agreement period
  • Pricing analysis
  • Lead time analysis
  • Savings from baseline
  • Turn around time
  • Shortlisted Supplier
  • Evaluation Criteria
  • Bid Award Recom.
  • User confirmation
  • Visibility
  • Negotiation strategy – yes/no
  • Negotiation Plan
  • Assumptions
  • FPA document.
  • Letter of Award
  • Contract Signing
  • Regret letters
  • Loading the FPA