During a procurement process consulting engagement, the internal auditors reviewed contracts for the hospital's supply of medicine. Which of the following would the internal auditors most likely recommend to improve the effectiveness of the procurement process?
Comprehensive and Detailed Step-by-Step Explanation:
Reference to Best Practices in Procurement:
Clearly specifying needs at the outset ensures that procurement decisions align with organizational objectives and operational requirements.
Reasoning:
Option A is correct because specifying needs at the beginning helps avoid over-purchasing, under-purchasing, or acquiring unsuitable items, thus improving the overall effectiveness of the procurement process.
Option B (comprehensive documentation) is important for transparency and compliance but does not directly improve the effectiveness of procurement outcomes.
Option C (qualified professionals) ensures competence but is secondary to having clear, specified needs driving the process.
Impact of Clear Needs Specification:
It ensures the procurement process delivers value, meets quality requirements, and aligns with operational demands.
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