How to Crack a Nut

JULY 1, 2024

I am reading a leaflet for a contract management portal when I overhear a conversation between a buyer and a supplier. “I says a buyer. AI might be fast, but buyers cannot rely on it to be a subject matter expert. If a bid is incorrectly evaluated, the buyer can hardly hold the AI response generator accountable.

Bidder 52

Bidder Tender Buyers Bidding 52

Extract Systems

NOVEMBER 21, 2023

Under a NAR rule, a home seller is required to pay commissions to the agent representing the buyer, which sellers claimed forced them to pay excessive fees to the agents. Under this latest ruling sellers would no longer be required to pay their buyers’ agents, and agents would be free to set their own commission rates.

Buyers 52

Buyers Ethics Quality Collaboration 52

Oxford College of Procurement and Supply

FEBRUARY 19, 2024

KPIs are popularly related to areas such as: On time delivery Amount of rejects Cost reduction Ethical conduct Sustainable approaches Lead times KPIs can be written to measure any aspect of supplier performance but must be relevant to the contract to add value. The issue could be a minor blip in production but it could be more serious.

Import 59

Import Procurement Supplier Supply Chain 59

How to Crack a Nut

FEBRUARY 24, 2023

I continue exploring the use of public procurement as a tool of digital regulation (or ‘AI regulation by contract’ as shorthand)—ie as a mechanism to promote transparency, explainability, cyber security, ethical and legal compliance leading to trustworthiness, etc in the adoption of digital technologies by the public sector.

Procurement 52

Procurement Tender Buyers Contract 52

ivalua

AUGUST 11, 2021

Responsible sourcing is the incorporation of ethical, sustainable and socially conscious principles into sourcing, procurement and overall supply chain management practices. This approach ensures that business between a buyer and its suppliers is conducted in a manner that does not negatively impact society or the environment. .

Supply Chain 52

Supply Chain Ethics Supplier Sustainability 52

How to Crack a Nut

APRIL 4, 2023

The one finding that should definitely not go unnoticed is that, according to DRCF, ‘ Buyers can lack the technical expertise to effectively scrutinise the [algorithmic systems] they are procuring, whilst vendors may limit the information they share with buyers ’ (at 9). This is extremely worrying.

Procurement 52

Procurement Buyers IT Public Procurement 52

ivalua

JANUARY 13, 2023

This demonstrates that businesses increasingly recognize diversity as a global issue and these programs provide an “ethical” mechanism to connect with customers through community engagement. However, the ethical justification is no longer the totality of the value proposition as leaders now see the overall value for their business. .

Supplier 98

Supplier Ethics E-procurement Supply Chain 98