Many procurement teams don't research markets, suppliers and internal requirements properly, leaving them at risk of poor decision-making, says Alan Day
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The public and private sectors could seriously damage local communities in their drive to trade electronically with suppliers, warns Peter Duschinsky
Consumers are buying online in ever-increasing numbers, yet businesses seem altogether less enthusiastic. AT wonders why so many companies still don’t ‘get’ e-procurement.
WINNER Best people development initiative
GlaxoSmithKline
A learning programme that drew on the work of both companies in a high-profile merger has helped to save millions
WINNER Most improved purchasing operation
Metropolitan Police Service
Law enforcement in London now gets effective back-up from a reformed purchasing department
In a previous study zone feature July 1003 I considered the fundamentals of process costing. This article follows on and explores the valuation of work-in-progress.
The landscape for purchasing professionals could be in for dramatic changes in the next five years, from the rise of China to the demise of ‘just-in-time’. Malcolm Wheatley identifies the major trends
John Lewis launched its online service in 2001 and it is on target to make a profit this year, thanks in part to an efficient warehousing operation. Steve Smethurst reports
Despite its growth as one of the world’s most important economies, challenges remain for purchasers operating there. David Hayes reports
Procurement’s involvement should help to secure greater value for their organisations but often they don’t take advantage. David Padley and Janet Dixon identify the pitfalls and opportunities