Browsing All posts tagged under »compliance«

Vendor Management can Drive Growth & Compliance without Stifling Innovation by Jaideep Sen

May 7, 2015

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Editor’s Note: When I read this post that was initially submitted to me in February, the first thought that came to mind was the fact that the author was looking beyond technology in terms of managing vendor relations. This is an important point, in that for far too long our industry has put so much stock […]

Bridging the disconnect between finance and purchasing (Part 3): EPS and the Swinging Pendulum of Responsibility

September 14, 2011

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Now comes the fun part.  The changes which are possible – based on what I’ve described so far, are identified in blue in the next figure.  Revenues are shown to increase 3%, purchased goods and services costs (as a % of revenues) are reduced from 60% to 55%, and SG&A expenses as a % of […]

Fiscal realities and Government contracting (Part 3): Compliance over Value?

September 8, 2011

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Government contracting must be conducted in a manner that will: stand the test of public scrutiny and reflect fairness in the spending of public funds; respect operational requirements; support long-term industrial and regional development and other appropriate national objectives, including aboriginal economic development; and comply with the government’s obligations under the trade agreements. from the […]

Answering a Silent Question: When Compliance Adherence is a Hear No Evil, See No Evil, Speak No Evil Proposition (BC Compliance Group Profile)

January 15, 2009

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How Can You Negotiate After the Deal is Done? “Imagine This: a requisitioner commits to a deal with a supplier without your involvement or approval.  Now the supplier believes he’s already won the order and you’ve lost the upper hand in any negotiation.  This can be one of the toughest situations you will ever face […]