Our quarterly procurement reference panel took place on the 22nd September, with this meeting’s agenda covering a range of topics including the Impact of the EU Referendum, Social Value Toolkit and Open Book Contract Management.
The panel meetings are great opportunities for procurement professionals from our membership to meet, share best practice, discuss current and emerging procurement issues, and explore opportunities for collaboration. An overview of what was discussed at this panel is below.
- Impact of the EU Referendum
The panel held a discussion around how organisations are feeling after the results of the EU Referendum with regards to their procurement practices. The general consensus was there has been no immediate impact on procurement processes or regulations. It was felt however that there will be more of an impact on costs increasing (labour costs appear to be more concerning than material costs) due to the instability of the exchange rate.
- Social Value Toolkit
With the recent launch of the Social Value Toolkit, we were keen to hear how it is helping organisations with their responsibilities under the social value act. There appear to be differing opinions with regards to Social Value, where some organisations are focusing more closely on it; other organisations are stripping it out of their procurement processes altogether.
- Open Book Contract Management
The panel discussed Open Book Contract Management as there has been a recent PPN regarding this, and how other organisations are dealing with it. The general consensus is that this only works if you have the resources to carry it out properly.
There is no obligation to attend the Procurement Reference Panel meetings regularly and we contact the group in advance for agenda items to ensure the sessions are focused and topical each time.
If you would be interested in finding out more about the Procurement Reference Panel, or reading minutes of previous meetings, please contact Louise Chase – Procurement and Contracts Manager email@example.com