This is an important article by the World Bank. It’s a good read. Check it out!
via Innovation in procurement: why and how | Governance for Development.
Whilst the article is targeted at the developing world, it is equally valid to the likes of the UK and Southern Europe. Poor purchasing practices often go hand in hand with cronyism and corruption. Critically, world class procurement saves money and provides an alternative austerity.
Sadly, much of the inefficiency in procurement in Europe results from EU bureaucracy. Voters should be asking:
Why are governments and the EU insisting on best-practice procurement, rather than promoting bureaucracy?