Con-way Gives Insight Of Logistics Market
In the UK, the Government has implemented the Government Procurement Card (GPC) which public bodies can use to buy high volume, low cost goods and services such as office supplies and MRO items. Since 1997 more than 85,000 cards have been issued for more than £2 million ($3.12 million USD). The program was developed to allow public bodies to efficiently manage their procurement. Since inception public bodies using the GPC have saved over £338 million ($527 million USD).
One new user of the GPC is the London Borough of Havering who will be able to control the amount and flow of funds available to end users and benefit from standardized management information and control programs. Users of the cards can access funds in a number of different ways. The London Borough of Havering says the move will enable it to more than halve its existing processing costs for payments.
For more information on Procurement Cards read this article.
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