Procurement Bulletin

Developing Strategic Partnerships: From Customers to Distributors

Effective supply chain management is the backbone of a business but for many companies, it is also a challenge. A typical supply chain involves several entities – buyers, suppliers, distributors, and in the end, customers. Developing long-term relationships at each of these levels is the key to success.

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Is a CFO’s Place at the Head of the Supply Chain?

Within the last decade, the corporate world has finally given supply chain management the attention it deserves. Experts have recognized the integral role the supply chain plays in daily operations and, ultimately, the overall success of a business. Ideally, supply chain management is a seamless collaboration between every department within a company. Supply chain policies

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Is Centralized Supply Chain Management a Global Solution?

One of the biggest debates in the world of supply chain management is whether it’s better to centralize or decentralize procurement and logistics operations. Greenland Contractors, in charge of daily operations at Thule Air Base, entered a partnership with Arctic Import of North Denmark that will streamline their contracts.

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Is the Procurement Industry Destined for Corruption?

“Vast amounts of money, combined with a secretive purchasing process, can be a formula for corruption.” Zachary Mehan, a communications assistant at the Transparency International Defence and Security Programme, made this statement in reference to government defence procurement, but it can easily refer to all sectors of the procurement industry.

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New Arlington County Procurement Guidelines Open the Door for PPPs

The Columbia Pike streetcar project was the focus of many debates among residents and officials in Arlington, VA when it was first proposed. The $249 million transit system will offer transportation between Bailey’s Crossroads in Fairfax and Pentagon City. With the project approved, the next step was to begin the procurement process. Rather than the

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Understanding the 3 Levels of Supply Chain Management

Supply chain management is often taken for granted in the business world. Regardless of industry, the supply chain is the backbone of any company. It begins with procuring the materials or services needed to create the end product and continues until the finished goods are in the customer’s hands. This process typically involves a range

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China’s 4th Offer Still Unacceptable to Government Procurement Agreement Members

The biggest challenges that government procurement agencies face at any level are corruption and discrimination. On a global level, transparency and fairness standards are even harder to agree upon. The World Trade Organization created the first Agreement on Government Procurement in 1981 to make a set of globally accepted rules for international procurement.

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The Future of Supply Chain Management Boutique Firms

In recent years, boutique consulting firms have experienced increased success in the supply chain management field. While boutique firms aren’t necessarily small, they typically have a well-defined focus for more industry-specific knowledge and are often more cost-efficient than larger firms. Supply Chain Visions, Inc., one of the ’10 coolest SCM boutique consultants’ according to ARC

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Can Watchdog Coalition End Corruption in Public Procurement?

Transparency in public sector procurement is a challenge around the world. Legislation is in place in many countries to encourage responsible government spending on public services. In some places, private coalitions are forming to make sure that these laws are upheld. Most recently, Tanzania Contract Monitoring Coalition (TCMC) launched in Dar es Salaam, Tanzania, Africa.

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Creative Ways to Improve Your Supply Chain

Increasingly today, the work of a CFO has become much broader in the corporate world. They are often looked to by CEOs and other members of higher-management as a resource for information and assistance with other company-wide issues. Finding opportunities and figuring out profitable ways to use corporate finances is an important and vital part

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Corruption Charges Filed on Miami Beach’s Former Procurement Chief

Corruption and scandal are common in Miami Beach. Not even the local government can escape the temptation, particularly those in the procurement department. City officials arrested former procurement chief, Gus Lopez, last month on charges of bid tampering, illegal compensation, and racketeering.

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