Cost of getting it wrong

Collection by Alison Smith • Last updated 10 weeks ago

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The potential impacts of getting procurement wrong in business are numerous (and that's not just the bits that Procurement have responsibility for). This board illustrates the things that can and have happened, and reminds organisations to put procurement processes, policies and risk assessments in place that are rigorous enough to mitigate against these potential outcomes. Everyone involved in the stories here thought it would never happen to them, and thought they had everything covered. Yes things will go wrong, there's just a lot that can be done to avoid them, rather than regretting decisions made, corners cut, assessments not undertaken, or even lives lost.

Alison Smith
Tesco halts production at Chinese factory over alleged 'forced' labour - BBC News

Tesco halts production at Chinese factory over alleged 'forced' labour

The six-year-old found a hand-written message from Chinese prisoners in a box of Christmas cards.

Some interesting total cost of ownership challenges - Climate change: Airlines accused of 'putting profit before planet' - BBC News

Climate change: British Airways reviews 'fuel-tankering' over climate concerns

A British Airways insider has revealed airlines deliberately fill planes with extra fuel to cut costs.

Top tech firms sued over DR Congo cobalt mining deaths - BBC News

Top tech firms sued over DR Congo cobalt mining deaths

A lawsuit accuses Apple, Google, Tesla, Microsoft and others of using cobalt mined by child labour.

Contraception shortage 'causing utter chaos' - BBC News
Hormone Replacement Therapy

Contraception shortage 'causing utter chaos'

Experts say supply problems of key contraceptives could lead to unplanned pregnancies and abortions.

Michael Bloomberg says his presidential campaign used prison labour - BBC News

Michael Bloomberg says his presidential campaign used prison labour

The billionaire Democrat said he didn't know prisoners were hired to call voters on his behalf.

Indian factory workers supplying major brands allege routine exploitation - BBC News
Bbc LiveFactory WorkerLabor LawVery Scary

Indian factory workers supplying major brands allege routine exploitation

Workers in Indian factories supplying Tesco, Sainsbury's, Marks and Spencer and Ralph Lauren say they are being exploited.

MI6 floor plans lost by building contractor - BBC News
Building ContractorsTrip PlanningTravel PhotographyFloor Plans

MI6 floor plans lost by building contractor

The documents contained sensitive information on the building's layout, such as entry and exit points.

Irish parliament red-faced over printer too big to fit through doors | World news | The Guardian

Irish parliament red-faced over printer too big to fit through doors

Irish parliament red-faced over printer too big to fit through doors | World news | The Guardian

Oxfam alleges abuse in UK supermarket supply chains - BBC News

Oxfam alleges abuse in UK supermarket supply chains

A "relentless" drive for profits is fuelling poverty, abuse, and discrimination, the charity says.

Mossmorran: Workers walk out of plant over safety fears - BBC News

Mossmorran: Walkout at chemical plant over working conditions

Union GMB said the workers had "continuously raised their concerns about conditions and safety on-site".

'I lost £90,000 in the House of Fraser sale' - BBC News

'My firm lost £90,000 in the House of Fraser sale'

The retailer went through a controversial insolvency process increasingly used to rescue firms.

“Greedy”: the Hampshire house bought by Allan Williams with the stolen cash

Senior civil servant stole £1.7m from MoJ

A civil servant who stole more than £1.7 million from the Ministry of Justice to buy a lavish home and cars has been jailed for three-and-a-half years.

What's gone wrong with CalMac's new ferries? - BBC News

What's gone wrong with CalMac's new ferries?

Four years late and £100m over budget - but who is to blame for the problems at Ferguson shipyard?

Glasgow health board to take legal action over hospital contractor - BBC News

Glasgow health board to take legal action over hospital contractor

The contractor that designed and built the Queen Elizabeth University Hospital complex is taken to court.

Lessons from Grenfell: procurement's role - Supply Management

Lessons from Grenfell: procurement's role

Lessons from Grenfell: procurement's role - Supply Management

Warning of 'high risk' to water supply at Glasgow hospital - BBC News

Warning of 'high risk' to water supply at Glasgow hospital

Inspectors highlighted an infection risk in the water supply at Scotland's biggest hospital days before it opened.