PAC report has relevance to public and private sector procurement.
The Public Accounts Committee (“PAC”) published its report last week, ” Cost reduction in central government: summary of progress“. The report may be of interest to procurement stakeholders in both public and private sectors :
- Procurement is critical to achievement of deficit reduction and provision of (maintained) frontline services.
- The report contains messages that apply to any organisation seeking to make savings through procurement initiatives.
- The PAC makes observations and recommendations regarding the approach to achievement and measurement of savings. Continue reading