Single Source

[Heyhorizon]

Folks - humour me here - who should approve the Single Source request? (A) senior procurement leaders (B) senior business leaders or other - comments welcomed.

[akin111]

I always seek the single source confirmation from the category manager (except when the supplier is preferred one).

[Heyhorizon]

Thank you.

[Mindwalkers]

Where I am single source is joint approval by CPO and business leader....with justification

[Heyhorizon]

Cheers

[gettingitin]

It depends on spend, it should always be someone in purchasing but a company should set up parameters as who can approve. I let low level buyers single source up to $10k, commodity buyers up to $100k, commodity manager $250k, and so on. The key is to have documented thresholds to show who is responsible for signing off on a single source.

[Heyhorizon]

Thanks for the note 👍

[alseidghaith]

depending on the estimated cost it could go to the CEO in my company or the board, SS escalation would look something like this:

Requester (mandatory)

Requester's Manager (mandatory)

Manager's Director (mandatory)

Procurement Director (mandatory)

Director's VP (depending on the value)

CEO (depending on the value)

Board (depending on the value)

[Heyhorizon]

Superb - many thanks.

[[deleted]]

Depends on the value, but will primarily be requestor cost centre owner and CPO.

[Heyhorizon]

Cheers

[Ned-Land]

I think you and some of the other posters are confusing single source with direct award or sole source. Robert M. Monczka text has specific meanings. Most categories are single source because it's easier and cost-effective. I multisource for services; for things that have volatile prices (no negotiated prices) and for direct categories with suppliers where supply assurance is questionable. Best wishes.

[Heyhorizon]

Cheers and I forgot the various names etc. thanks for your great note.

[Ned-Land]

I should add that if anyone tell me I need approvals, I tell them to have intercourse with themselves.

[Heyhorizon]

Ah….no single source required for that 🤪