Part 8 of a ten-part series that examines key operational aspects of the so-called “Purchase to Pay” value chain by Independent Contributor, Peter Alkema – Head: Purchase to Pay at ABSA “The request was authorised, the Purchasing Order (PO) was created and communicated to the supplier, and now the goods or services are expected to […]
World Class Operational Procurement: Where’s my stuff? Read More »
Clever suppliers will plan to introduce risks after you’ve entered a into contract or started a project. As part of a “foot in the door” strategy, they might be the lowest bidder initially but with a deliberate plan for increasing costs once the “Balance of Power has shifted”. A good example of this is in
Avoid, reduce or pass the buck on procurement risk… (Part 1) Read More »
There’s a “slight” difference between being notorious and famous… Succesful procurement projects can lead to being famous for the right reasons. But being notorious for spectacular project failures, leads to fame of the unwanted kind. Statistically, the chances are better that your procurement project would lead to notoriety. Look at some of these figures: Project
Famous or Notorious? Why Procurement Projects Fail Read More »
