A summary of responses received for this Peer2Peer inquiry is available below.
Original Inquiry
1) Does your company track and report on reciprocal spend?
a. If yes, who is the audience?
2) Do you use reciprocal spend in:
a. Vendor selection? Please explain.
b. Vendor negotiations? Please explain.
c. Post contract execution? Please explain.
If no, can you please share with us why not?
3) If you’re a Canadian (non government) company, are you aware of any legislative or regulatory concerns about using reciprocal spend in vendor selection?
Requestor identifies reciprocal spend as when the vendor you are selecting is also a customer and you want to know what they spend with you.
Summary of Responses
Contributors: SIG
Categories: Tool
SRC Type: Contract Development, Policies, Procurement Operations, Sourcing