4 April 2008

Supply and Demand Theory back-firing on Human Resources in Procurement

Economic theory states that where supply is low, demand will be high.  The underlying premise is that a higher premium is paid for those high demand commodities where supply is low.  For the last couple of years, we have seen this trend play itself out time and time again when it comes to salaries paid […]

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Using a third party specialists to source hard to find ‘widgets’

The item on the left seems like a pretty straightforward thing to source but the challenge in getting it 100% correct from a specification and quality perspective plus getting it on time led a  Pharmaceutical company to use a procurement specialist service to source the medicine bottle-caps shown here. These services are proving ever more

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