Look before you reverse
13 September 2012
While reverse auctions seem a fruitful source of savings for a hard-pressed public sector, using preferred suppliers may well be cheaper in the long run, argues Trevor Black
The 2004 Gershon Efficiency Review raised the profile of procurement within the public sector and has quite rightly focused attention on the introduction of initiatives that have existed in the private sector for many years.
While this is welcome, the downside is that the sector has subsequently been inundated with high-profile initiatives with an emphasis on...