Throughout September we are shining the spotlight on one of the most useful procurement tools – the Dynamic Purchasing System or DPS!
We are starting the month by hosting a free webinar that will give buyers insight into creating a successful DPS and advise on what procurement scenarios are best suited to them.
Learn more about how to maximise the value and effectiveness of a DPS by joining us this September.
What is a DPS?
Dynamic Purchasing Systems (DPS) are not new, but their purpose and application are still often misunderstood.
A Dynamic Purchasing System (DPS) is an electronic tool that is used to purchase goods, works and services that are both commonly used by your organisation and readily available on the market. It’s similar to a framework but has the functionality to add new suppliers at any time and is 100% electronic.
Many public sector buyers are choosing to procure using a Dynamic Purchasing System to stay compliant with Regulation 22 – and to gain flexibility during the procurement process.
Benefits of DPS
DPS can help stimulate markets, create flexibility for both buyers and suppliers, support SME engagement and reduce costs. We list the benefits of using a dynamic purchasing system below:
- Buyers can procure goods, works or services commonly available on the market
- Manage a range of competitive exercises, including opportunity notice creation, request for quotes (RFQ), mini-competitions, open DPS, Questionnaire and end-to-end DPS exercises
- Benefit from a refreshable pool of suppliers, with companies which meet the selection criteria being able to join at any point
- Select from a large pool of suppliers: there is no limit to the number of suppliers that can access the DPS
- Automated Evaluation – let Delta eSourcing do all the work
- Award tenders more quickly than under other procedures: the minimum timescale for return of tenders is 10 days
- Improved efficiency as there is no requirement to advertise in OJEU for each mini-competition and suppliers only need to demonstrate suitability once.
Why choose a DPS?
Buyers must refresh their pool of suppliers to maintain competitiveness within the marketplace and as we have mentioned, using a DPS new suppliers can join at any time, which means that new players in the market are not locked out of your supplier list – keeping everybody happy!
Making DPS Work for You
Hosted by of BiP’s Principal Procurement Consultant Eddie Regan, the “Making DPS Work for You” webinar is not one to be missed.
Using customer case studies from Delta eSourcing, this exclusive event gives a practical (and free) guide to unlocking the potential of DPS – for both buyers and their supply chains.
Learn how DPS can streamline the public sector procurement and speed up the process to make tendering much simpler!
Save your seat at the first of our three-part DPS webinar series, Making DPS Work for You on 1 September at 2pm.
To find out more about DPS, check out our blog, “eProcurement 101: Dynamic Purchasing Systems”