limited is a public company with shares trading at Nairobi Stock exchange. The Company was incorporated on 1922 with the principle mandate of electricity generation‚ transmission and distribution throughout Kenya. Over the years‚ the company has undergone various structural reforms to improve operations efficiency and service delivery to the customers such as separation of generation and transmission units to independent entities. The Kenya power has a vibrant purchasing and Procurement division headed
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TENDERING: PROCESS and PROCEDURES 1 Overall Perspective of Procurement Policies procurement systems which reflect the principles of value for money‚ transparency and accountability. Efficient‚ effective and transparent 2 Rationale for Tenders Rules The tendering process can be a minefield of potential litigation‚ with tenderers complaining of the lack of a fair and consistent approach to tendering and accusations of favouritism and corruption. 3 SIX CORNERSTONE PRINCIPLES
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competitive procurement procedure begins with the promoter’s description of its requirements and an invitation to suppliers to indicate their interest in the contract and their professional capacity to fulfil it. The promoter then identifies potential suppliers and invites them to submit bids. After the bidding phase‚ most procurement systems require a public declaration of the competitors’ names and their bid prices and‚ ultimately‚ of the successful bidder. There is a wide variety of procurement procedures
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CT310: Principles of working in the public sector (optional) Organisational structures The organisation of Central Government is separated into separate government departments. Most government departments are headed by a secretary of state or other senior minister and the structure of these departments tends to reflect what functions the minister has to oversee. Some departments are known as ‘non-ministerial’ which means they are not headed directly by a minister‚ but rather by a board answerable
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collected no data for this purpose (“The state‚” 2012). All these issues are mainly accounted for prolonged budget deficits‚ which the TTC has been struggling for many years. HISTORY OF THE TTC The Toronto Transportation Committee (TTC) is a public transport service agency established in 1954‚ the third largest transit system in North America that operates streetcar‚ transit bus‚ and rapid transit service (subway and RT) in Toronto. The TTC consists of four repaid transit service lines with
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department must find a solution to the current ordering process‚ to limit the amount of resistance from employees and prevent further system errors; all in order to use tax payers money to its full potential. Analysis: Strengths – New integrated procurement system has the potential to improve the efficiency of the entire buying process Weaknesses – Employee resistance to change could cripple the new system and force TriCity to revert back to their old‚ less efficient system Opportunities – If the
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roles and responsibilities‚ and required skills (Kahraman‚ 2003). Suppliers have been acknowledged as the best intangible assets of any business organization. However‚ selecting the right suppliers for a long term relationship is a relevant procurement issue that demands judicious attention. Supplier selection that leads to supplier management becomes one of the most important issues for establishing an effective supply chain system. Supplier management and evaluation represents one of the significant
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a major source of corruption in procurement organizations today. According to the Organization for Economic Co-operation and Development (OECD)‚ “bid rigging (pr collusive tendering) occurs when businesses‚ that would otherwise be expected to compete‚ secretly conspire to raise prices or lower the quality of the goods or services for purchasers who wish to acquire products or services through a bidding process” (Danger‚ 2009). Bid rigging can occur is both public and private companies. There are
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School of Economics and Management /HES Import Procurement / Import Management from Asia (IMP) Year 3 Code : IMPVS3IM01 (EM-IM-I 3010IMP_T1 15675 VIM) IMPVS3TA01 (EM-TMA-I 3010IMP_T1 16644 TMA) IMPVS3TA02 (EM-TMA-I 3012IMP_TS 16389 TMA) Exam Period : H1 / Test Nr. 1 Programme : TMA/IM Date : 22-01-2013 Time : 14.30 – 16.30 p.m. Lecturers : R. Hoekstra / E.P.A. van den Thillart No book and/or notes allowed! Number of points per right answer m.p. questions:
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Global Sourcing Importance of global sourcing: Study by Aberdeen research showed that 37% of companies surveyed found global sourcing as very important for company success. Overall‚ statistics show we import source more than we export source. Canada is #1 trading partner‚ Venezuela has oil. Levels in the evolution towards global sourcing: Asked purchasing agents where they are now with global sourcing and then where they see themselves in the future. Level 1: Only domestic purchasing {Current
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