Overview of Suppliers at RMIT
RMIT carefully considers suppliers that support its commercial and strategic objectives.
RMIT segregates its suppliers into 3 groups:
Preferred Suppliers – suppliers that are contracted for a specific purpose. The investment of substantial RMIT and supplier effort in ensuring commercial and strategic objectives are aligned. These suppliers are registered on RMIT’s Enterprise Resource Platform (ERP) system and mandatory for staff to transact with to agreed commercial arrangements.
Approved Suppliers – suppliers that are assessed for alignment with RMIT’s strategic objectives, including; organisational values, and compliance with all applicable legislation like Modern Slavery. These suppliers are registered on the ERP system and available for staff to transact with and commercial terms are agreed on a transaction basis.
Ad-Hoc Suppliers – suppliers that are dealt with on an ad-hoc basis, usually transacted with infrequently, for low value purchases.
How to become an RMIT Supplier
Preferred Suppliers – These suppliers are identified by RMIT Procurement at the request of, or in support of, RMIT schools or departments, engaged via a market process and contracted to mutually agreed terms and conditions.
Approved Suppliers – These suppliers are identified as potential suppliers, assessed via the supplier registration process and then registered on our ERP system before any staff can transact with the supplier.
Ad-Hoc Suppliers – Suppliers that are contacted by RMIT staff for infrequent and low value purchases on an as-needed basis.
Support for RMIT Suppliers
As RMIT transitions to a new Operating model enabled via its new ERP, Workday, it will adhere to a No-PO, No-Pay internal policy to ensure consistent processes and enable on time payments to suppliers.
What this means for suppliers is highlighted in the Frequently Asked Question section below.