By Erica Bosio, Programme Manager: Growth Analytics, Development Economics Vice Presidency, World Bank The trade-off between rules and discretion has been a central topic of research in public procurement. Kelman’s (1990) early work stressed the costs of rigid regulation in United States government procurement and made the case for discretion. Since then, research on the […]
Rules vs. discretion in public procurement Read More »
On 27 June 2020, MarketWatch reported that the global disposable face mask market size was anticipated to reach US$23.81-billion by 2027. On 30 June, Goldman Sachs released an extensive economic analysis of why the wearing of a face mask is a must. By studying the link between coronavirus infections and mask mandates in US states
By Marko Grujicic, Analyst, Growth Analytics;Joseph Lemoine, Analyst – Growth Analytics, Development Economics Vice Presidency; andGreta Polo, Private Sector Development Analyst, World Bank It might be assumed that public procurement is most heavily regulated in high-income countries, given that they have greater public sector capacity, more efficient institutions and longer traditions of regulation. This assumption
Which region regulates procurement the most? Read More »
By Tanya Waksman Does coronavirus (COVID-19) have any effect on the rights and/or obligations of parties in contractual relationships under South African law? Tanya Waksman, of legal advisory firm, Eversheds Sutherland, considers this question in this month’s SmartProcurement.
Is COVID-19 a force majeure event? Read More »
By Mediacy Mudekwa Just a few months ago, none of us would have imagined that our world would come to a standstill. The very things we have always taken for granted are now nearly impossible to do. Travel, gatherings or even a visit to your favourite restaurant may be many days away. As some governments
SMME Clinic interviews BEE consultant and specialist Monica Molise, CEO of Thriving Dirang. Molise lets us in on some important differences between black owned and BEE and tells us that being compliant may not be as complicated as we think… For more information email Monica Molise at monica@dirang.co.za
SMME Clinic | BEE vs Black Owned – Session 15 Read More »
To support supply chain professionals and to ensure that they have the resources they need to maintain supply chains during the coronavirus crisis, supply chain management professional body SAPICS has launched a number of special support initiatives to aid the profession. This includes a supply chain management toolkit, helpline and collaboration platform.
Supply chain management toolkit among the support measures launched by SAPICS Read More »
By Steve Banker, Vice President: SCM, ARC Advisory Group One of the good things that comes out of the World Economic Forum’s (WEF) annual meeting in Davos, Switzerland, is the Global Risks Report. Produced by the WEF, the report serves as a centrepiece for the themes addressed at the Davos event. The report includes a
Which global risks are increasing in 2020? Read More »
By Linda Ashok A content, communications and branding professional So many things are slated to change in 2020, the milestone year! But what matters most is your career; how is it going to prepare you as a procurement manager? Okay, let me clarify that there isn’t any significant difference between a Purchasing or Procurement Manager.
10 Best practices for procurement managers in 2020 Read More »
By Kate Vitasek If your company is like most, it promotes ‘boilerplate’ contracts or, at a minimum, pushes for standardised terms, such as contract length, warranties, a 30-day termination of convenience clause or 90-day payment terms. While this may make your lawyer and Chief Financial Officer (CFO) happy, Russell Korobkin suggests that using standard contract
Why standard contract terms can be bad for you Read More »
