Government corruption and procurement fraud are concerns for nations around the world, but for some countries, an effective and transparent public procurement system is even more of a challenge. Tanzania’s war against corruption is an ongoing battle that the Public Procurement Regulatory Authority (PPRA) and the World Bank have fought for more than 15 years.
Electronic invoicing is becoming the norm in modern procurement systems. Business-to-business companies, as well as those serving consumers, are already regularly using e-invoices and electronic receipts. Many government agencies, however, are still not making full use of this convenient strategy.
On January 9, the International Air Transport Association (IATA) announced in a press release that increased demand for air cargo could mean a brighter future for the air freight industry. Air freight volumes seen a 1.6% increase over the previous year in November, 2012. At the same time, the wait time for Apple’s iPhone 5…
Globalization, collaborative planning, and new technologies are changing the way companies manage their supply chains this year. Most modern advancements make it easier to develop an effective supply chain strategy, but 3D printing has the potential to completely change the way consumers shop and, more importantly, it could change the way companies do business.
Coal, fertilizer, salt, grain, and other valuable commodities depend on the Mississippi River for transport, but the nation’s largest waterway may soon be inaccessible to the barges that move these products. Recent drought conditions have diminished the water level of the Mississippi to the lowest its seen in more than a decade, with some experts…
The ninth annual PwC Global Supply Chain Survey shows that strategy is everything when it comes to supply chain success. Businesses that realize the strategic importance of their supply chain achieve 70% higher performance and are more profitable. In 2013, PwC surveyed more than 500 supply chain experts around the world, representing a range of…
The apparel industry is under fire for their hazardous use of chemicals during the manufacturing process. In July, 2011, Greenpeace International launched the Detox campaign “to expose the direct links between global clothing brands, their suppliers and toxic water pollution around the world.” Along with a global network of consumers, Greenpeace is urging clothing brands…
One of the biggest challenges in public procurement is getting the best value for the dollar. In many cases, large companies get most contracts, leaving small and medium-sized businesses without a fair chance to compete. In February 2011, the UK Prime Minister and Minster for the Cabinet launched a ‘mystery shopper’ initiative to give small…
Coconut farming is a source of livelihood for millions of farming families throughout India, but over the past decade, the coconut market has sharply declined. The Chief Minister is working on new initiatives to change their plight.
In a highly competitive market like the retail industry, collaboration may seem like a big risk that isn’t worth the effort. More companies are realizing, however, that when they work together and share information through their suppliers, the end results are extremely beneficial.