eProcurement 'key' to cutting deficit
Procurement negotiation departments should turn to IT to reduce costs
The introduction of procurement technologies could help cut the
UK's budget deficit, according to new research.
Durham University and Wax Digital have published their Doing
Battle with the Deficit report, which claims government procurement
departments should use more technology to reduce costs.
Despite 98 per cent of public sector offices expecting cuts from
this week's Budget, just six per cent are able to cope with
Only 25 per cent of these have purchasing processes that are
fully automated - a method which reduces costs.
Improving the use of technology could not only improve spending
efficiency but it could also help advance procurement
Laura Watson, deputy director of procurement, Durham University,
claimed getting the right prices for goods and services was more
vital than ever.
She said: "As this research shows, purchasing professionals are
ready to lead the fight and drive increased value from the
purchasing of resources required to run their organisations
"Maintaining front line services at a premium despite back
office spending cuts requires creative thinking and new