Fraud in Procurement

As per KPMG´s latest Fraud Barometer report, the value of supply chain fraud went up from less than £1 million in the first half of 2012 to around £61 million in the equivalent period of 2013. Hitesh Patel, UK Forensic Partner at KPMG says:

The Path to Supplier Management Excellence

In the fight to increase market share, organizations need to come up with innovation in their products/services or upgrade it by adding new features in order to satiate the changing consumer preferences. To make this a reality organizations are dependent…

Resolving the Conflict Minerals Controversy — An Introduction

The Democratic Republic of Congo (DRC) is widely considered to be the richest country in the world regarding natural resources. Its untapped deposits of raw minerals are estimated to be worth in excess of US$ 24 trillion…

Making Procurement Performance Count — Part 1: Evolution of Procurement

Procurement has come a long way from a purchasing center to being considered as a strategic partner. Prior to World War, procurement or purchasing was primarily clerical. With evolution of simple trade era…

The Why, What & How of Strategic Sourcing: Part 5 — Implementation Best Practices