Businesses took longer to pay their suppliers in Q3 compared to Q2, according to figures released this week.
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The latest news and information on purchasing and procurement from Distance Learning College and Training.
Businesses took longer to pay their suppliers in Q3 compared to Q2, according to figures released this week.
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Military equipment purchasing should be recognised as a professional career path for officers, a Labour party review has said.
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Worcestershire County Council’s buyers are using the council’s spending power to boost their local economy – by including clauses in contracts to increase training and job opportunities in the area.
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There are not enough candidates entering the purchasing profession, despite increasing demand for graduate and mid-level purchasers.
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Many small businesses are not aware of the benefits that procurement knowledge can bring to their business, according to a consultant.
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Public sector buyers in Jersey must improve their purchasing skills to help deliver £65 million savings targets over the next three years, the Chief Executive of Jersey’s government has said.
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The UK government must double its procurement spend with small and medium sized businesses to meet its target of giving them 25 percent of all opportunities.
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Public sector procurement processes are “antithetical” to innovation, settling for “proven solutions” from “existing suppliers” and missing opportunities to develop innovative new products and services, according to a report by the House of Lords Science and Technology Committee.
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The UK jobs market for purchasing professionals outperformed most other professions during the second quarter of 2011, and looks set to improve further.
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The salaries of people working in purchasing and procurement have remained higher on average than equivalent level positions in other areas of business such as marketing, HR, sales, finance and IT.
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