It is not so easy to discover “points of attraction” and corruption risks associated with tendering as it may seem. However, there are some signs which will help you identify corruption schemes and prevent misuse at early stages.
10 proven methods, which might help a procurement manager to earn more.
It is not easy to find a top-class procurement professional, since, on the one hand, purchases require best practices expertise, and on the other hand, they need unconventional thinking and a creative approach. Highlights and challenges of up-to-date recruiting techniques with a focus on procurement can be found in a number of resources.
In the first part of this article, we talked about the benefits of group purchasing and how to choose categories and pool partners. Let’s now look into how such purchases are organized.
Any CEO wants purchases in their company to be effective and efficient, and wants the supplier to provide high quality services.
In companies with a well-functioning procurement mechanism a distinction is usually made between sourcing and operational (follow-up or contract execution) activities.
In my opinion, the purchasing process is the least automated part of business. What are the most common procurement automation stereotypes you know? We’ll get to debunking them later, but right now let’s take a look at the list of stereotypes.
In the previous article, we set out a sequence of steps required for updating the procurement business process with state-of-the-art technology. Now, let's look at the typical mistakes made by automation initiators.
Many Russian companies introduce bureaucratic measures to fight corruption in procurement, but this only serves to complicate work and doesn’t have the desired effect.