The phase in which the best option for purchasing is selected is the implementation phase. This phase follows a thorough assessment of needs and the procurement process, where the decision on the procurement strategy is put into action. During implementation, organizations review the available options and products that align with their well-defined needs, specifications, and budget requirements.
In the implementation stage, the team can evaluate how the selected options perform against the initial criteria set during the needs assessment. By this point, the preliminary groundwork is established, which allows for informed choices that will enhance the ultimate outcome of the investment. The focus here is on integrating the chosen solution into the existing system or organization, ensuring that it supports overall goals and functions effectively.
This phase is critical because it encompasses the actual execution of the planned purchases and can involve deciding on specific vendors or solutions based on how well they meet the outlined criteria. The process is much more refined at this stage, allowing for a more effective selection based on comprehensive evaluations.