BLOGS
Competition Law Guidance for coordination amongst businesses in the age of COVID 19 disruptions
Submitted by : Vinay Kumar Sanduja, Partner-Dispute Resolution, Competition/Antitrust and Insolvency Practice at Lexport
Escalating disruptions in the market and distress caused by COVID-19 has necessitatedcoordination amongst businesses.Such coordination may be required to ensure continued supply and fair distribution of goods and services including critical healthcare products(viz. hand sanitizers, personal protective equipment (PPE), face masks) and essential...
VUCA – A WAKE UP CALL FOR SUPPLY CHAIN
Submitted by : Chirag Kalaria, Purchase Professional, AMUL (GCMMF)
The world has become a global village where demands and supplies are continuously changing and sourced from multiple locations. Such dynamic situation can be termed as VUCA. It stands for Volatility, Uncertainty, Complexity and Ambiguity. This word has been coined by military post cold war and used by them to describe the conditions in the world...
Provisions for Making Emergency Procurement
Submitted by : Dr. Gurbandini Kaur, All India Management Association
In view of COVID 19 pandemic, AIMA organized an exclusive online session on Provisions for Making Emergency Procurement. The session was Taken by Mr. Sanjay Aggarwal, Director Public Policy Division, Department of Expenditure Ministry of...
Blockchain – The Next of Everything!!!
Submitted by : Chirag Kalaria, Purchase Professional, AMUL (GCMMF)
With modernization in lifestyle and evolution of technology, its acceptance in day to day life and business has increased never before. If Artificial Intelligence (AI) and Internet of Things (IoT) are buzzwords of last decade, then the upcoming decade is of “Blockchain Technology” for sure. It is a revolutionary technology which is operating...
5th Global Procurement Summit (GPS 2020)
Submitted by : Dr. Gurbandini Kaur, All India Management Association
AIMA conducted the 5th Global Procurement Summit (GPS) in partnership with Ministry of Electronics and information Technology, Ministry of Finance, Government of India and the World Bank on 10 -11 February 2020 at New...
Global Procurement Summit 2020 - Background Note
Submitted by : Dr. Gurbandini Kaur, Associate Professor, Program Director- Procurement Programs, AIMA
Last few decades have seen evolution of Procurement from transaction to strategy. The role of procurement in top and bottom lines of private enterprises and in service delivery by the public sector is increasingly being recognized. With first signs of economic slowdown appearing on horizon, any savings due to better procurement practices will be...
Can Experimental Research Techniques Cure the Problem of Infrastructure Contract Failure in India?
Submitted by : Shanker Lal, Lead Procurement Specialist Governance Global Practice
This year’s Nobel Prize in Economics was awarded to three economists, Prof. Abhijit Banerjee, Prof. Esther Duflo and Prof. Michael Kremer. Their research was groundbreaking due to an “experimental evidence-based approach” to alleviating global poverty that took a nod from practices in medical and scientific...
Challenges of Open Competitive Bidding
Submitted by : Satya Verma, Public Procurement Consultant
Achieving success in open competitive bidding is equally challenging to both, Procuring Entity and Bidders. Procuring Entity’s interest is to maximize competition, attract attention of all eligible and qualified bidders and being able to award contract for goods and services of desired quality at reasonable price and conclude decision within...