Manufacturers have traditionally been the slowest to adopt new IT, but in the case of procurement there is activity across the entire spectrum of industries. Revenues are anticipated from transaction fees, commissions on auctions and through...
According to the company, it will slash procurement costs from an average of £75 per transaction to as little as £10. The Association of Colleges (AoS) has commissioned a B2B procurement portal that it claims will save the public sector up to £100m...
In particular, emerging internet technologies and evolving electronic commerce banking services are likely to accelerate development of new types of laundering activities. In the UK it is up to individual banks to decide what to check, but in the...
In addition, the extensive justification and business case process that the public sector procuring authorities need to adhere to tend to lead to a more stable and secure outsourcing transaction. In my experience, public sector organisations...
The action plan says the spread of e-procurement can save governments "up to five per cent on expenditure and 50 to 80 per cent on transaction costs for buyers and suppliers. The EU has issued an action plan detailing how member governments can to...
MPs on the PAC have hit out at the lack of value for the £2.8bn being spent each year on consultants by the public sector after the report found departments and procurement body the Office of Government Commerce do not routinely know how much is...