Procurement is getting a bad rap these days. It should.
With headwinds facing New Zealand's economy and the construction industry in particular, procurement has come under fire lately. Much has been made of the impossible position construction companies are put in when bidding for work - the ferocious competition to win a bid, lock in fixed pricing several years out, and hope to manage the cost control to make a slim margin. While a number of more sophisticated procurement approaches exist - and to be fair, some leading organisations in New Zealand are employing them - for others a tender bash with effectively lowest cost conforming is the main mode.