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31 July 2015

News - Improving Accountability, Transparency and Professional Practice in Procurement

By SalesProEd @ 05:28 :: 1594 Views :: 0 Comments :: Article Rating
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Building on a unique partnership between The United Nations Development Programme (UNDP) and The Chartered Institute of Procurement & Supply (CIPS), today (29 July 2015), UNDP has joined CIPS in stating their support for the creation of a professional procurement licence.

The intention would be to improve corporate governance, transparency and anti-corruption measures and recognize the importance of the profession for sustainable development. The drive behind such an initiative is to ensure a greater accountability for organisations and individuals. In effect a licence will ensure that procurement professionals will have the appropriate skills and qualifications to manage the procurement function properly and optimally use the resources of the organisation while supporting its performance.

Jens Wandel, Assistant Administrator and Director of the Bureau of Management at UNDP commented "A licencing structure will ensure the profession gains formal recognition of its status and can attract higher calibre individuals as well provide protection for individuals and organisations."

"Raising our standards for effective, ethical and sustainable procurement will allow UNDP to meet its transparency objectives, address the ever-growing supply side risks of a truly global marketplace and deliver the high levels of professional skill, knowledge and integrity that are essential to procurement and public good."

David Noble, Group CEO CIPS said: "As a profession, we need to step forward and be accountable for our actions. In a world of scarce resources and increasing supply chain risks, we can no longer accept inadequate procurement and supply practices and therefore we must ensure this profession is fit for purpose to move on to its next generation – a licensing approach will ensure the right structure is in place to enable this to happen."

A formal licence for procurement professionals will ensure that:

 Procurement processes are carried out by professionally qualified personnel;
 Procurement professionals are able to demonstrate a pre-determined level of competence and understanding that is continually updated;
 There are formalised standards of practice and ethics, and professionals are held accountable for their actions;
 Confidence in the profession will rise, along with the ability to meet increasing challenges;
 Employers and enterprises will be able to simultaneously protect the public good and enhance the significance of procurement;
 Procurement practice (skills and processes) can be standardized; and
 The accountability and transparency requirements of International Aid Transparency Initiative (IATI) and others will be purposely addressed across the supply chain.

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