If you would like to receive Perspective - our monthly newsletter – which brings you all of our latest news and views as well as interviews and opinion pieces then please follow the link below...
Improved procurement delivers £500 billion public sector savings
The government has been able to achieve savings of almost half a billion pounds through improved procurement practices in 2011/12.
New figures from the Cabinet Office show that this total has been achieved over the last year through better use of the public sector's bulk buying power, as well as through spend on goods and services used by different government departments.
This total comes in addition to the £360 billion procurement savings achieved in 2010/11 and underlines the success of public sector efforts to free up funds through improved efficiency.
Minister for the Cabinet Office Francis Maude said: "Because our controls on spending are working well and saving unprecedented amounts of money, I'm determined they will be a permanent feature of good governance."
Last week, a report from insurer Zurich Municipal urged public sector organisations to do more to safeguard themselves against any potential disruption caused by supply chain failures, following a survey revealing that many bodies are not considering this possibility at all.
Odgers Interim are UK leaders in Interim Management solutions for the Public Sector. We have offices in London, Birmingham, Leeds, Manchester, Glasgow, Aberdeen and Cardiff as well as over 50 offices globally. We are the only Interim Management providers who are part of a top tier international executive search firm. We work closely with our executive search colleagues to find candidates who can offer short term solutions with long term benefits. www.odgersinterim.com