The Contract Closeout and Maintaining Supplier Performance

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Complete Part 2 of the Procurement Plan Project. This consists of the Contract Closeout and Maintaining Supplier Performance sections of the Procurement Plan Project as well as a memo to the procurement officer for your organization.

  • The Contract Closeout section will briefly describe the contract closing process with suppliers.
    • How you will finalize payments to suppliers?
  • The Maintaining Supplier Performance section will have descriptions of the partnerships or alliances that your organization has with the suppliers.
    • What are the key performance indicators (KPIs) used?
    • Describe the methods that will be used to measure supplier performance.
    • Explain why you have chosen these measurements.
  • Use the template to compose a memo to the organizational procurement officer.
    • State why this plan should be used by the organization.
    • Explain how your plan aligns with the organizational strategy.
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