Gareth Jones warns against getting in a flap about proposals to change the procurement directives
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We all know by now that cross-functional organisation is in and silos are out. At conferences and in journals, we are bombarded with explanations of why this is so and examples of good practice. In this paradigm, it is pretty evident that teams are the key. Why then are there so few good books on how to form and run teams?
This book makes a powerful case for balancing the new model of co-operative sourcing with the traditional model of competitive sourcing. With the help of a matrix, Laseter distinguishes between four distinctive purchasing approaches:
* Trust based partnerships - high commitment to a co-operative relationship, low commitment to competitive pricing;
* Trust based partnerships - high commitment to a co-operative relationship, low commitment to competitive pricing;
Purchasers should be as careful when they buy goods and services from an online marketplace as from a bazaar on holiday, says Sean Hanley
BAe Systems is to become the world’s largest defence contractor after its takeover of Lockheed Martin’s aerospace electronics business was approved.