Procurement Quotes
Quotes tagged as "procurement"
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“Many Nigerians get excited when the government execute such projects as newly constructed schools, roads, health centers and other government funded projects which they tag as developmental projects. They get excited over what they perceive as a performing government carrying out its corporate responsibilities. But they are ignorant of the fact that public funds cannot disappear in a vacuum, it has to be accounted for; therefore contracts must be awarded to make the stealing legal and official. Yet, the people only wish that more of such projects can be executed; they fail to understand that with a defective procurement process in place, the more projects a government executes under this abnormal process; the more kickbacks its officials receive, the more money is stolen, the more corruption is patronized. In fact, under our present abnormal procurement process, the more project a government executes, the more money its officials steal through each contract inflation and kickbacks. If we therefore do not fix our public procurement lapses; stealing through contract inflation and kickbacks will become an inevitable and official act of corruption as it has seemingly already become!”
― Can Nigeria Bake Her Own Bread?
― Can Nigeria Bake Her Own Bread?
“In procurement for humanitarian assistance, optimization is achieved when goods and services offering value for money are purchased and delivered within good time to aid people in need at quantity volumes which ensure economies of scale at prices that maximize reach to beneficiaries.”
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“Organizational Procurement is a tight balancing act between “cost and quality” on one side and “time and compliance” on the other side, yet a seasoned procurement specialist keeps it evenly balanced.”
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“Humanitarian procurement for emergency response is spontaneous and often unplanned, because although we may plan for a catastrophe the when it may happen maybe a mystery! To address this, innovative solutions must include putting in place long term agreements (framework agreements), contracts for vendor consigned stocks, pre-positioning of stocks which would predictably be used for a broad range of responses and a cash based intervention option to allow people affected to have their dignity of choice.”
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“Buying a product or a service is not procurement, that is purchasing. “Procurement” is more multifaceted! “Procurement” will assess needs, define requirements, comb the market and onboard vendors against set criteria. “Procurement” solicits for proposals in formal fashion and allows for a fair competitive ethical environment. “Procurement” contracts based on value for money and maintains full accountability and transparency. To deliver goods and services in the right quality from the right source, at the right price to the right destination at the right time in the quantity and in the right way is not purchasing. All that requires a broad range of strategies, which in one word means “procurement”!”
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“Buying a product or a service is not procurement, that is purchasing. “Procurement” is more multifaceted! “Procurement” will assess needs, define requirements, comb the market and onboard vendors against set criteria. “Procurement” solicits for proposals in formal fashion and allows for a fair, competitive, and ethical environment. “Procurement” contracts based on value for money and maintains full accountability and transparency. To deliver goods and services in the right quality, from the right source, at the right price, to the right destination, at the right time, in the right quantity, and in the right way is not purchasing. The portfolio of strategies required to deliver value for money can be summed up in one word “procurement”!”
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“Your supply chain strategy should have a diversity, equity and inclusion component that intentionally caters for ‘supply chain staffing’, ‘supply chain vendors’ and ‘benefactors of your supply chain network’. This leverages the creative gusto of a diverse workforce, unlocks innovation from a rich supplier base and ensures solutions are inclusive and sensitive to the needs of diverse supply chain benefactors.”
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“To make your business cost-effective, you must source from another country. By import, you can utilize your sourcing process and get the best competitive price.”
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“Fail to engage the AI system, and you may never make the shortlist. Fail to persuade the human committee, and you won’t close the deal.”
― The Validation Economy: In the Age of AI, B2B Marketers Stay Indispensable by Doing What AI Can't
― The Validation Economy: In the Age of AI, B2B Marketers Stay Indispensable by Doing What AI Can't
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