Tendering and Procurement Analysis
Most companies have an established procedure for awarding contracts to their suppliers. Even with well-designed systems, however, the force of corruption can have a negative impact on the procedure, resulting in increased costs for the company and poor goods and services delivered by suppliers. Savings can be substantial: one of our clients estimates RM375 million has been saved over four years by upgrading their tendering procedure.
Tendering risks include, amongst others:
Through our tendering and procurement analysis service, we help companies identify leakage points in the system which can be exploited for personal gain (corruption points). By strengthening these areas, the company's processes can be protected and potentially large savings delivered.
Benefits of the Tendering and Procurement Analysis include:
Contact us to request more details on how we can help you. We look forward to hearing from you.