SSG 26: Procurement and Supply Chain Management

We are delighted to announce the publication of our latest subject specific guideline - SSG 26: Procurement and Supply Chain Management

SSG26 covers the activities necessary to create, manage, maintain, and enforce contract and supplier management over the entire life cycle of an asset.   The document covers areas such as principles of Procurement and Supply Chain Management (PSCM), developing a PSCM strategy, developing a strategic sourcing plan, procurement processes and contracts, maintaining supplier relationships, financial commitments and project financing and PSCM and the asset life cycle.  To support the reader the document also includes appendices on key aspects of PSCM such budgeting and accounting concepts, project financing terminology, structured procurement processes and contract interpretation.

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The Institute would like to thank our sponsors National Grid and the IAM Patrons whose support is greatly appreciated in enabling the design and publication of this document.