The primary focus of supply chain management has always been lowering costs and reducing risks. More recently however, a comprehensive strategy for social, economic, and environmental sustainability is the biggest concern for many businesses.
In recent years, boutique consulting firms have experienced increased success in the supply chain management field. While boutique firms aren’t necessarily small, they typically have a well-defined focus for more industry-specific knowledge and are often more cost-efficient than larger firms. Supply Chain Visions, Inc., one of the ’10 coolest SCM boutique consultants’ according to ARC…
Transparency in public sector procurement is a challenge around the world. Legislation is in place in many countries to encourage responsible government spending on public services. In some places, private coalitions are forming to make sure that these laws are upheld. Most recently, Tanzania Contract Monitoring Coalition (TCMC) launched in Dar es Salaam, Tanzania, Africa.
Questionable activities were commonplace in the procurement industry long before the Procurement Integrity Act passed in the late 80s. From small-scale construction projects to multimillion dollar research and development proposals, there have been cases of espionage, bid tampering, and similar crimes. Penalties are harsh at any level, but contractors and procurement professionals working with federal…
Corruption and scandal are common in Miami Beach. Not even the local government can escape the temptation, particularly those in the procurement department. City officials arrested former procurement chief, Gus Lopez, last month on charges of bid tampering, illegal compensation, and racketeering.
Information and communication technologies are vital to today’s government agencies, but the cost of ICT procurement is a sore point for Australian finance officials. According to a recent analysis of overall spending in New South Wales, ICT products alone account for over $2 billion each year, leading to several recommendations for budget cuts.