What is the first stage of the CIPS procurement cycle?

The first stage of the CIPS procurement cycle is understanding the need and developing a high-level specification. This initial step is crucial as it sets the foundation for the entire procurement process. It involves identifying what is required by the organization, clarifying the objectives, and defining the requirements in broad terms.

By thoroughly understanding the need, the procurement team can ensure that they align with the organization's strategic goals and that the specifications developed accurately reflect what is needed to fulfill those goals. A high-level specification outlines the fundamental requirements without going into excessive detail, which is essential before moving on to subsequent stages such as supplier selection or developing documentation.

This stage also facilitates proper communication and collaboration between stakeholders, allowing for a clearer understanding of needs before entering the market, which ultimately helps in achieving better outcomes in the procurement process.