Article
Sudden impact
Darin Matthews, public procurement professor at Portland State University, speaks on the power of the procurement professional.
A gentleman named R. C. Jensen from Queensland University in Australia has rightfully touted the power of the procurement professional. In a theory he terms the “purchasing multiplier,” Jensen contends that no other business unit within an organization has the same opportunity to impact the bottom line as procurement. Not engineering, not accounting, and not human resources. This certainly seems to hold true in the private sector when procurement and supply management can contribute to...
Hi Darin,
Nice article!
Agree
Hi Darin,
Nice article!
Agree – the Rockland County (NY) procurement annual report is a benchmark product. I’ve developed procurement annual reports over the past few years, and plan to implement the first for Fairfax County Public Schools (VA). However, the P&L component is revolutionary of sorts for the public sector, and I do plan to include it at FCPS, as we have significant cost savings/avoidance data as well as revenue generated and tracked via several initiatives. Thanks for the article and your contribution to the procurement profession.
Best regards,
Roger L. Ball, CPPO, CPPB, C.P.M., A.P.P.
Director, Office of Procurement Services
Fairfax County Public Schools