4Ws of Indigenous Procurement

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4Ws of Indigenous Procurement

4Ws of Indigenous Procurement : Introducing Indigenous SME’s to the 4W’s of the Indigenous Procurement Policy

An introduction for Indigenous SME’s to the 4Ws of Indigenous Procurement.

The Indigenous Procurement Policy was introduced by the Australian Federal Government in July 2015. It sets the requirements for government procurement and tenders. It creates the opportunity for Indigenous Small and Medium Enterprises to participate in Commonwealth procurement opportunities.

As an Indigenous SME interested in participating in Indigenous Procurement, where do you start?

4Ws of Indigenous Procurement

4Ws of Indigenous Procurement

You start with our 4 Ws of Indigenous Procurement:

  • What

What is the Indigenous Procurement Policy  and what are the targets for Commonwealth Indigenous procurement?

  • Why

Explaining the rationale behind the Indigenous Procurement Policy;

  • Who

Who the IPP applies to and what are the requirements to be recognised as an Indigenous small or medium enterprise, and

  • the Way

The the how, systems and processes required to qualify for Indigenous procurement opportunities. How an Indigenous SME can demonstrate capability and capacity.

Value for Money

The 4Ws of Indigenous Procurement also introduces what value for money means in terms of Indigenous Procurement.

Useful Resources

It includes useful resources and links (such as where the Indigenous Procurement Policy can be found).

Why does Social Procurement matters?

Research shows that $1 revenue spent on Social procurement creates $4.41 of economic and social value. Therefore Indigenous business:

  • employ more than thirty times the proportion of Indigenous people than other businesses
  • strengthen their Indigenous employees connection to culture
  • provide training to staff
  • owners that were part of the stolen generation use their businesses to create a place of belonging and healing
  • owners, employees and communities are proud of Indigenous businesses
  • reinvest revenue in their communities
  • is a ‘safe place’ for families

If you have any questions on Indigenous Procurement and how to make a start, please contact Celia Jordaan at:

  • +61(0)439518910 or
  • Celia@IchibanCommercialSolutions.com.au.

Have a great day

Celia


 

About Celia:

Celia Jordaan is procurement and risk consultant at Ichiban Commercial Solutions, Perth Western Australia. With over 20 years experience, Celia has worked in different countries, locations and cultures. She worked in the areas of procurement, supply chain, contract management, law and risk. She has also worked in the area of risk management, contractor management and safety. For more tips, checklists and free resources on procurement, please visit our website.