The most worrying aspect of the spending review for the procurement profession came early in the hour-long address when the chancellor announced “administration costs” would be cut by a third. But as George Osborne didn’t refer directly to purchasing or procurement we don’t know how much of that 33 per cent will fall on this [...]
Social media can help procurement engage with suppliers, internal stakeholders and customers and should be a powerful tool for developing procurement strategies that best add value to the organisation.
Over the past 30 years, the UK has seen several waves of privatisation, starting with that of previously state-owned telecoms supplier British Telecom in the 1980s. Soon gas and electricity followed, creating greater competition in the supply market for business.
IFS claims that, with student fees at £7,000 a year, more than half of graduates would not be able to pay off the loan before the end of their working lives. At £9,000 a year, the figure rises to almost two-thirds.
Mike Platt asks if lack of ‘fraternisation’ between sales and purchasing is really such a good thing
“Serbian prune association makes first shipments to Russia”. It’s not your average tweet, but then it’s not your average Twitterer.
As far as public sector procurement is concerned we are living in a twilight world where the only people who can deliver the different things required are the people who have always done them…
While most procurement professionals accept the need to help the coalition reduce the £155 billion deficit, many are keen to ensure their views, achievements and existing deals are not lost in the clamour of the Efficiency and Reform Group (ERG) initiative.
I was made redundant recently – was it a shock? Yes, it was, but what I didn’t realise is that there’s a “club” out there. Many people have gone through the same situation and most have gone on to bigger and better things, but it is only through experiencing it first hand – and admitting it [...]
It’s hard not to think globally when working in procurement. Suppliers are increasingly found in new locations, bosses are located in different time zones, and you manage teams who exist virtually.
