How can procurement influence suppliers to deliver projects on time, on budget?
One of procurement’s generic objectives is to achieve the best fit through the procurement of materials of the right quality, in the right quantity, at the right time, at the right price, from the right source. Consequently project managers and procurement professionals are on the forefront to achieve project objectives, Ronald Mlalazi (MCIPS), Eduction Manager at Commerce Edge Academy, tells SmartProcurement.
Posted by Editor at 6:50 AM | Comments (0)
World Class Operational Procurement: Where's my stuff?
Part 8 of a ten-part series that examines key operational aspects of the so-called “Purchase to Pay” value chain
by Independent Contributor, Peter Alkema – Head: Purchase to Pay at ABSA
"The request was authorised, the Purchasing Order (PO) was created and communicated to the supplier, and now the goods or services are expected to be delivered...."
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Avoid, reduce or pass the buck on procurement risk... (Part 1)
Clever suppliers will plan to introduce risks after you've entered a into contract or started a project. As part of a "foot in the door" strategy, they might be the lowest bidder initially but with a deliberate plan for increasing costs once the "Balance of Power has shifted"....
Posted by bernievn at 8:36 AM | Comments (0)
Famous or Notorious? Why Procurement Projects Fail
There's a "slight" difference between being notorious and famous... Succesful procurement projects can lead to being famous for the right reasons. But being notorious for spectacular project failures, leads to fame of the unwanted kind...
Statistically, the chances are better that your procurement project would lead to notoriety. Look at some of these figures:
Posted by bernievn at 8:50 AM | Comments (0)
