Monthly Archives: August 2012

How to potentially destroy a company in 45 minutes

Monday, August 6th, 2012

How to potentially destroy a company in 45 minutes Technology is an enabler. It can enhance your business processes, improving efficiency and profitability. But only if it works! Hot on the heels of the RBS software glitch, is the recent case of erratic movements in stock prices on the New York Stock Exchange (NYSE) which […]

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Are you being bugged?

Friday, August 3rd, 2012

Organising the factory visit It is good practice to visit a factory where work will be carried out to the specification in the contract. The purpose of the visit should be to confirm what the potential supplier has said in the quotation or tender. Who should go on the visit? There is no right answer […]

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Channelling their money away

Thursday, August 2nd, 2012

In the Channel Islands, the Guernsey Government have been subjected to fraudulent activity which resulted in them in paying £2.6m to a fraudster. The Treasury and Resources department received a letter purporting to be from a Bona Fide Contractor who was undertaking a major redevelopment of the islands airport. The letter advised them of ta […]

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Equipment spares

Wednesday, August 1st, 2012

Beware the one-time purchase of equipment spares Imagine that one year ago, your organisation purchased a major piece of capital equipment with a predicted life of seven years, assuming a 14 hour working day, six days a week, for 48 weeks of the year. The supplier, a Japanese company offered you ‘essential spares’, which were […]

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The choice of a lady? – not in this case

Monday, July 30th, 2012

Product Recalls- The choice of a lady? In the Brian Farrington Limited work with retailers, we are aware of the negative impact a product recall programme can have, as well as the associated cost. The trading Standards Institute publish on a regular basis product recalls. They relate to a wide variety. One of the latest […]

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The technical considerations of a purchase

Monday, July 30th, 2012

The Technical considerations of a purchase – raw cotton. Brian Farrington Ltd has assisted a client who had a dispute over the purchase of raw cotton. That specific dispute was in regard to invoiced weight. We should bear in mind that many ‘items’ are purchased by weight, including fruit, castings, steel and coal. Specialist technical  […]

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The elite criminals in our midst!

Friday, July 27th, 2012

Elite Athletes! What about the elite criminals in our midst! There are elite criminals in our midst. That is a fact, but are there any in procurement? There have been some well publicised cases, including the recent ‘potato’ scandal. It is a reasonable question to ask “How does an elite criminal operate in procurement?” Even […]

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