Prudent purchasing
Why the confidence? Because qualified, trained supply chain managers know all about risk, and what's important to keep supply chains moving. According to the Institute for Government, a third of total public expenditure - around £284.bn each year - is spent on procurement. Only then can decisio...
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| Veröffentlicht in: | Public Finance 2020-03 (3), p.18-18 |
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| creator | Harrison, Malcolm |
| description | Why the confidence? Because qualified, trained supply chain managers know all about risk, and what's important to keep supply chains moving. According to the Institute for Government, a third of total public expenditure - around £284.bn each year - is spent on procurement. Only then can decisions be made about whether savings are the best and only way to drive efficiencies in a department, or whether the real focus should be value across the supply chain and good risk mitigation? I urge professionals to monitor changes in supply chains, meet challenges head-on, and remain in control rather than letting sociopolitical and economic events take control of the procurement process. |
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| fulltext | fulltext |
| identifier | ISSN: 1352-9250 |
| ispartof | Public Finance, 2020-03 (3), p.18-18 |
| issn | 1352-9250 |
| language | eng |
| recordid | cdi_proquest_reports_2441311013 |
| source | Business Source Complete |
| subjects | Cost control Cost reduction Government purchasing Public sector Sociopolitical factors Suppliers Supply chains |
| title | Prudent purchasing |
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