| Cheap Sourcing - Is It the New Purchasing Game in | | | | encased in Tobacco leaves that could only have been |
| Town or is It the Most Ancient Practice on Earth? | | | | “cheaply†sourced from the |
| I was invited to participate in a round table discussion | | | | Americas thousands of years ago. |
| along with senior colleagues from the largest | | | | The roman empire invaded and occupied Egypt for |
| procurement organisations in Europe. The moderator | | | | only one thing, cheap and high quality Wheat to feed |
| of the forum asked a question to all the | | | | its army so that they could march further, occupying |
| attendees:†what are your views on the | | | | other territories and obtaining more goods and |
| latest thinking in procurement organisations - Cheap | | | | services from other cheaper sources. |
| Sourcingâ€. People started answering while | | | | The British Empire was built on trade and the desire |
| highlighting their experiences and the advances they | | | | to obtain goods, services and labour cheaply from all |
| have made into this new trend in Procurement. | | | | over the world. The British Empire went even further |
| I felt a bit strange at the question and being a Chief | | | | and outsourced armies using other countries in Asia |
| Procurement Officer myself, I felt a bit embarrassed | | | | and Africa to fight the British wars up until to the |
| that I have never really given this | | | | Second World War. Cheap silk and spices from India, |
| “new†the importance it | | | | Cotton from Egypt and Tobacco from America and |
| deserves or even thought about it much. I must be | | | | so on. |
| totally incompetent as a procurement officer since in | | | | Most wars in history were about obtaining goods and |
| such an important forum a question like this is being | | | | services from cheap sources in reality. |
| put forward to the participants, or am I outdated | | | | This is why I didn't understand the question in the |
| and not keeping up with the latest trends and | | | | first place. |
| technologies in procurement? | | | | At this stage I collected my courage and let it all out |
| While the others were answering the question each | | | | to my colleagues and the moderator, they all |
| in his own way, I scratched my head thinking to | | | | enjoyed the remarks and laughed at it. |
| myself, well I do make good deals for my company, | | | | I don't think my remarks were funny at all. Sarcastic, |
| and in fact our deals are one of the best deals in the | | | | may be but not funny. |
| industry. We do search the globe for the best price | | | | Cheap sourcing is not a new game in town for |
| and quality while focusing on continuity of supply to | | | | procurement departments to brag about, it is in fact |
| secure the company. The problem I have is that I | | | | the oldest game in town since all empires in history |
| never thought I was doing something extra ordinary | | | | were built and motivated by finding new cheaper |
| or even implementing the latest | | | | source for labour, goods and services to please their |
| “buzz†in the procurement | | | | citizens. |
| industry. | | | | Put another way, all wars and empires were built and |
| I didn't think either that this was modesty on my | | | | motivated by controlling these |
| behalf. As my turn was nearing and my confusion at | | | | “cheaper†sources in the first |
| the question was increasing, it suddenly occurred to | | | | place for the advancement of their own nations. |
| me that there is something missing here and being | | | | These days the only difference is the fact that the |
| from an Egyptian origin myself I though to myself, | | | | acquirers of these goods and services have to pay |
| hang on, the ancient Egyptian have been trading all | | | | the price which is usually still cheaper than obtaining it |
| over the globe for seven thousands years, the | | | | in their own country. |
| mummies of the pharaohs still preserved today are all | | | | |