Given that many governments are now on the precipice of financial collapse, a fact that was stressed when numerous reports from last year (including posts right here on the Procurement Insights blog) indicated that a number of municipalities and possibly states would have to declare bankruptcy for the first time since the Great Depression, the impact on supplier relations is indeed worth contemplating.
In this 4-Part Series, I will examine the shifting paradigm that is government procurement in the context of troubling fiscal realities in which the financial picture will likely get much worse before it gets better, as well as what it means from both a buyer and supplier perspective.
September 9th, 2011 – Fiscal realities and Government contracting (Part 4): Supplier cause and effect
September 8th, 2011 – Fiscal realities and Government contracting (Part 3): Compliance over Value?
September 5th, 2011 – With postmaster general Patrick R. Donahoe’s somewhat desperate plea to congress to bail out the listing and outdated agency, what impact does the USPS’ precarious financial situation have on supplier relations?