The GO Market Development Award specifically focuses on the success achieved by an organisation in undertaking market development in areas such as market testing, market management, supplier engagement and market analysis.
It recognises buyers that broaden their understanding of the market place as part of their procurement activity, therefore becoming smart and informed customers.
Entries should define, in terms of commercial awareness, how the authority aligned its market engagement to capture data and insight in order to size and scope markets, identify potential new suppliers or reduce risk and/or shaped a market sector to ensure there is sufficient capability and competition to provide them with a VFM sustainable solution.
A GO Awards submission in this category must cover activity during the period April 2017 to April 2019.
The contract or initiative related to the submission must have commenced during this period to be eligible.
Open to public and third sector organisations.
Market engagement, supplier engagement, market analysis, supplier analysis, commercial awareness, commercial acumen, lean procurement, market testing, stakeholder involvement, end user engagement.