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Murray B.
Stanley

Murray B. Stanley

Murray B. Stanley served as a logistics officer in the Permanent Royal Australian Air Force for almost eight years.  Before that he worked for ten years in employment/industrial relations for various Australian organizations.  His interests include management, value investing and rugby league.  He holds a Business Management degree from the Queensland University of Technology.

Competitive tendering (bidding) is a widely used procurement method within government agencies and private sector organisations. The idea behind competitive tendering is that it forces suppliers to compete and (so the theory goes) consequently the purchaser and taxpayer will gain better "value for money". In reality this rarely occurs, writes...Full Article »