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The Introduction of Public Bodies and Intergovernmental Organizations - Case Study Example

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The paper 'The Introduction of Public Bodies and Intergovernmental Organizations' presents the fundamental purpose of procurement which is to acquire appropriate utility goods and services for various types of necessities. Social enterprises and organizations are accustomed to trading concepts…
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The Introduction of Public Bodies and Intergovernmental Organizations
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Download file to see previous pages The introduction of public bodies and intergovernmental organizations like the United Nations, it developed as a well-recognized science and management subject. The number of trained professionals in this sector increased with the managerial emphasis. By the end of the eighties, more emphasis was laid down on various purchasing strategies.
The Harvard Business Review published a ground-breaking essay written by Peter Kraljic in September 1983. Purchasing strategy is the main theme of this article. It is widely cited today as the inception of the transformation of function from mere purchasing to strategic procurement. In addition to many plausible ideas, the author of the article offers pragmatic advice on how top management can recognize the extent of its own supply weakness and treat it with a comprehensive strategy to manage supply. He observes the threats of resource depletion and raw material scarcity, political turbulence and government intervention in supply markets, intensified competition, and accelerating technological change have ended the days of no surprises (Kraljic, 109). It began to be treated as something very strategic to the business and became highly tactical.
In the present scenario, the public procurement system is one of the basic financial needs of the government and corporate sectors.
The procurement process ensures the acquisition at the best possible price to meet the needs of the purchaser in terms of quality and quantity. Time and location of procurement are other major issues to be considered upon. Agencies, whether public sector or private corporation, promote fair and open competition to minimize deception and complicity.
 In Europe, public procurement is an important sector of the economy that accounts for 16.3% of the community's GDP. The ever increasing environmental awareness appreciated the green public procurement (GPP) scheme. The aim of GPP is to reduce the negative impacts of procurement on human health and nature at large.  ...Download file to see next pagesRead More
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