Public and private-sector contract managers, including purchasers, are entering uncharted waters as they get to grips with maintaining private finance initiative (PFI) contracts of up to 30 years.
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A new e-procurement portal will give buyers of custom-made engineering components access to an international network of suppliers.
An electronic trading exchange for the construction industry has been launched with the backing of six large contractors.
A range of e-procurement systems are to be tested by seven public-sector organisations in a bid to calm suppliers’ fears over online trading security.
Poor procurement practices by the World Bank and other institutions running development projects are wasting millions that could be channeled into debt relief for third world countries, according to a purchasing expert.
Adam Rose, David Leibowitz and Adrian Magnus
Gower, £39.95
Rating: 3/5
Construction and project management company Bovis Lend Lease has reduced its local supply base in favour of a more global supply chain.
This Harvard Business School book offers a new and useful way of thinking about strategy in a world economy that is rapidly integrating. The nature of globalisation is often volatile and uncertain, and the authors suggest what it will take to overcome these problems and succeed in markets and industries that are fundamentally changing and evolving.
5-8 May 2002
San Francisco
San Francisco