SOURCELocal
Research, select and communicate with new local suppliers
The Observatory's SOURCELocal
functionality enables you to research, select and communicate with
local suppliers with whom you are not currently trading.
Accurately assess the economic impact of procurement related
decisions.
Improve your ability to accurately assess the economic impact of
procurement related decisions on the local and/or small businesses
with whom you currently trade.
Determine appropriate spending that might support the local
economy
SOURCELocal helps you to determine
where you might be able to appropriately direct spend in order to
more effectively support the local economy.
Set realistic and achievable targets for spend with local and
small businesses
Support the setting of realistic and achievable targets for
spend with local and/or small businesses by analysing your current
position relative to the average or 'best in class' for other
public bodies of a similar type and size.
Cost-effectively alert local businesses to appropriate trading
opportunities
SOURCELocal enables you to
cost-effectively alert local businesses to appropriate trading
opportunities early enough in the purchasing process to enable them
to bid for your business.