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E Procurement Increase Profits Enhance Control Automate Your Procurement System
The Business Case For E-Procurement, A Caribbean Perspective
Authored by: R. George Stephenson -email@example.com
E Procurement - Context Within Supply Chain Management:
In order to understand e-procurement one must understand first the supply chain and how e-procurement can be used to enhance management of the supply chain.
The objective of a Purchasing Manager or a Procurement Manger is to facilitate the in flow of goods and services to the organization, in such a way as to match specific organizational requirements, in the timeliest way, at the most advantageous prices.
The supply chain in its simplest terms is the route we must travel to achieve this objective. Clearly we would wish to travel the route in the most efficient manner i.e. in the shortest time, at minimum cost, producing the highest quality goods and services and thereby enabling generation of the highest profit. The supply chain has been around since the dawn of time and the first exchange of goods and services. It was not called Supply Chain Management until as part of an evolutionary heritage, the term was coined by Consultant Keith Oliver of the strategy consulting form Booz Allen Hamilton in 1982.
The application of e-Procurement techniques provides a means of improving efficiencies in specific segments of the supply chain, thereby facilitating the achievement of the Procurement Manager's objectives.
Definition of Supply Chain
The supply chain encompasses all activities associated with the efficient flow and transformation of goods from the raw materials stage (extraction) through to the end user as well an associated information and financial flows. Material and information flow both up and down the supply chain. Supply chains also relate to services which in most cases require the availability of materials and or goods to support the delivery of the services. There are many examples of this e.g. hotel services – they require a the bringing together of a plethora of food and beverages, cleaning and gardening supplies etc. for final delivery. The same applies to janitorial services. A large global oil company for example which is engaged in exploration and development requires multiple and complex sets of direct and indirect supply chains comprising equipment, materials, consumables and professional services to deliver oil and gas which are its core objectives. Each of the supporting services both direct and indirect can be analysed in their distinct supply chains. This is a good example of how supply chains and services integrate with and are required to support supply chains for products.
There are in the broadest sense1) upstream Supply Chains, 2) internal Supply Chains, relevant to the processes internal to the company, e.g. in the automotive industry, the process required to transform the internal inputs into finished goods e.g., stamping, assembly of power train and components which are eventually brought together in their final assembly operations into automobiles and 3) There are external supply distribution channels processes and functions to get product to end customers. (Reference pages 2-4: Introduction to Supply Chain Management)
Supply Chain Management (SCM) is the integration of these activities through improved supply chain relationships/processes to achieve a competitive advantage. (Introduction to Supply Chain Management – Robert B. Handfield and Ernest L. Nichols Jr. Prentice Hall Press 1999). It is theprocess of planning, implementing, and controlling the operations of the supply chain of goods and or services with the purpose to satisfy organizational requirements as efficiently as possible. Supply Chain Management spans all movement and storage of raw materials, work-in-process inventory, and finished goods and services from point-of-origin to point-of-utilization. It in its entirety encompasses the informational and financial flows which support the supply chain. In essence, Supply Chain Management integrates supply and demand management within and across companies.
Supply Chain Event Management (abbreviated as SCEM) is a consideration of all possible occurring events and factors that can cause a disruption in a supply chain. With SCEM possible scenarios can be created and solutions can be planned.
Some experts distinguish supply chain management and logistics, while others consider the terms to be interchangeable.
Processing facility
Grocery Store
Distribution Centres
1st Tier Suppliers
1st Tier Suppliers
2nd Tier Suppliers
1st Tier Suppliers
2nd Tier Suppliers
2nd Tier Suppliers
Product and material flows
Information and financial flows
Strategic business units
Linking e-Procurement to Supply Chain Management
Most organizations as we illustrated above, are members of multiple supply chains. An organization in each chain would typically offer a number of products and services, purchases materials from a wide range of suppliers and sells to multiply customers. An organization to be effective and efficient must focus its efforts on those supply chains related processes and customers that offer the greatest potential to achieving the highest competitive advantage. The basic types of advantage are price, quality and delivery time.
Development of supply chain process maps (flowcharts) for the most important supply chains and their processes within a company is a useful technique to establishing and understanding the internal supply chain. This is best accomplished through the use of cross-functional teams from all parts of the organization included in the supply chain under review. Team members must be knowledgeable regarding their part of the supply chain and must have an understanding of how their part interfaces with the other supply chain members. Once the key areas are understood, the opportunities to apply e-Procurement will emerge.
E-Procurement Definition:
1. E-procurement (Electronic Procurement) is the business-to-business (B2B) purchase and sale of supplies and services through the Internet as well as other information and networking systems, such as electronic data interchange (EDI) and Enterprise Resource Planning (ERP).
2. An important part of many (B2B) sites,
B2B Web sites can be sorted into:
- Company Web sites, since the target audience for many company Web sites is other companies and their employees. Company sites can be thought of as round-the-clock mini-trade exhibits. Sometimes a company Web site serves as the entrance to an exclusive extranet available only to customers or registered site users. Some company Web sites sell directly from the site, effectively e-tailing to other businesses.
- Product supply and procurement exchanges, where a company purchasing agent can shop for supplies from vendors, request proposals, and, in some cases, bid to make a purchase at a desired price. Sometimes referred to as e-procurement sites, some serve a range of industries and others focus on a niche market.
- Specialized or vertical industry portals which provide a "subWeb" of information, product listings, discussion groups, and other features. These vertical portal sites have a broader purpose than the procurement sites (although they may also support buying and selling).
- Brokering sites that act as an intermediary between someone wanting a product or service and potential providers. Equipment leasing is an example.
- Information sites (sometimes known as infomediary), which provide information about a particular industry for its companies and their employees. These include specialized search sites and trade and industry standards organization sites.
3. e-procurement is also sometimes referred to by other terms, such as supplier exchange. Typically, e-procurement Web sites allow qualified and registered users to look for buyers or sellers of goods and services.
4. Depending on the approach, buyers or sellers may specify prices or invite bids. Transactions can be initiated and completed.
5. Ongoing purchases may qualify customers for volume discounts or special offers.
6. E-procurement software may make it possible to automate some buying and selling.
7. Companies participating expect to be able to control parts inventories more effectively, reduce purchasing agent overhead, and improve manufacturing cycles. E-procurement is expected to be integrated with the trend toward computerized supply chain management.
There are six main types of e-procurement:
- Web-based ERP (Electronic Resource Planning): Creating and approving purchasing requisitions, placing purchase orders and receiving goods and services by using a software system based on Internet technology.
- e-MRO (Maintenance, Repair and Operating): The same as web-based ERP except that the goods and services ordered are non-product related MRO supplies.—indirect procurement
- e-sourcing: Identifying new suppliers for a specific category of purchasing requirements using Internet technology.
- e-tendering: Sending requests for information and prices to suppliers and receiving the responses of suppliers using Internet technology.
- e-reverse auctioning: Using Internet technology to buy goods and services from a number of known or unknown suppliers.
- e-informing: Gathering and distributing purchasing information both from and to internal and external parties using Internet technology.
Vocabulary for E-Procurement:
- RFI: request for Information.
- RFP: request for Proposal
- RFQ: request for Quotation
- RFx: the above three together.
- eRFx: software for managing RFx projects.
E-Procurement How Did it Evolve:
One may argue that e-procurement is not new because many large firms have been applying technology to the purchasing process for several decades through Electronic Data Interchange (EDI). EDI facilitates the transfer of transactions between two business partners by integrating databases, using a standardized format for purchase orders and other elements in the purchasing transaction. It uses proprietary technology called a value-added network (VAN) to tie the buyer and seller together.
Whereas EDI was an improvement over the traditional paper-based exchange of information by allowing the buyer to forward important purchase-related information directly to the supplier's system, it is very expensive to implement, often running into millions of dollars. Therefore, implementation cost was a significant barrier to the widespread use of EDI as a large-scale facilitator of e-procurement. Its use was limited to only the largest and most powerful firms in the business-to-business arena. Recent developments in Internet-based EDI that obviate the need for expensive value-added network technology will open this oldest form of e-procurement to more businesses. (Industrial Marketing Management 32 (2003) 219-–226 Supply management and e-procurement: creating value added in the supply chain; William D. Presutti Jr.)
Purchasing departments have never been the front-runners in ICT use, purchasing processes have been based on information systems and Electronic Data Interchange (EDI) networks for over a decade. The use of EDI has not been widespread on a global scale. Its use has been greater in Europe where approximately 50-60% of the companies in Western Europe currently utilize a standard form of EDI for their purchasing transactions. (reference: E-Procurement and Online Marketplaces – Ronald Koom, David Smith and Carsten Muller; article in Compact 2001/1)
Examples of frequently used EDI transactions are:
- forecasts;
- purchase order;
- order acknowledgement;
- releases;
- advanced shipping notifications.
EDI invoices and payments remittance have been used to a lesser extent. EDI transactions for facility management products and services are relatively uncommon.
EDI transactions are performed directly between trading partners (suppliers and buyers) or are handled by Value Added Networks (VAN), such as Sterling, GE Information Services, Harbinger and AT&T (ex-IBM), who act as intermediaries between sending and receiving organizations. They have standardized the X.400 protocol. Besides these global EDI VAN service providers, local and specialized networks have been established, for instance in the health care industry.
In order to provide background information for the positioning of e-Procurement, the advantages and disadvantages of EDI – as a key e-Procurement 'ancestor' – over manual or non-standardized electronic data exchange are summarized in table 1.
With the increasing popularity of the Internet, organizations have evaluated its support of purchasing processes. Early users have developed proprietary systems or have adopted systems by specialised e-Procurement vendors and online marketplaces. Online marketplaces reduce the number of relationships between N suppliers and M buyers from (N – 1) * M to just two. The three main types of online marketplaces that gradually developed are ([Hart00]):
1. Independent marketplaces: primarily in industries with standardized, frequently traded products, such as metals, energy, office supplies and electronic components. The marketplaces were initiated by Internet start-ups.
2. Marketplaces with buyers and sellers equity stakes: independent marketplaces created liquidity and aligned with the interests of the key market players.
3. Industry marketplaces: groups of buyers and – to a lesser extent – suppliers have established their own marketplaces, sometimes by abandoning their initial participation in marketplaces of the previously mentioned types.
This development instigated the ERP vendors and EDI VAN service providers to offer Internet-based e-Procurement solutions as well. Several parallel initiatives have taken place on the sell- and buy-side, including Application Service Providers offering e-Procurement services by hosting applications or even complete marketplaces. In the following section, the different types of e-Procurement systems that have emerged are described.
E-Procurement lacks some of the EDI disadvantages, while preserving most of the benefits. With table 1 in mind, the potential improvements include:
- Business process: enabling the purchasing processes with Internet technology allows for an end-to-end solution, in conjunction with supply chain management optimisation. Although there's no store-and –forward mechanism in place, real-time transactions cannot be guaranteed on the Internet at this time (i.e. new Internet protocols such as RSVP (resource reservation protocol), IPv6 and Quality of Service initiatives may provide this guarantee in the future). check
- Usage: e-Procurement systems can be used by any employee with a browser and can offer a multi-media catalogue of products and services offered.
- Standardisation: the level of standardisation is not yet at the level of EDI (see also summary of standardisation initiatives in Appendix C), but offers more flexibility than the fixed-message EDI structure.
- Return on Investment: the first research shows significant improvements for the medium-sized and larger organization. Appendix A (on e-Procurement costs and benefits) shows where money can be saved. However, initial implementation costs may be substantially higher than with those of an EDI system, unless an online intermediary with low enrolment fees is chosen (which may charge higher transaction costs to recover their investments).
- Reliability and security: currently, e-Procurement offers little improvement due to the open nature of the Internet on which service levels cannot be guaranteed.
- Proprietary software does now offer very improved levels of security. This subject will be addressed in more detail in the section on operational controls.
- Legal: progress has been made by several parties (Organization for Economic Cooperation and Development (OECD), International Chamber of Commerce (ICC), US Federal Trade Commission (FTC), European Union (EU) in the creation of a legal framework for e-Business; however, it does not yet cover all aspects of e-Procurement.
Supply Chain Management Challenges:
Supply chain management must address the following:
a. Distribution Network Configuration: Number and location of suppliers, production facilities, distribution centers, warehouses and customers.
b. Distribution Strategy: Centralized versus decentralized, direct shipment, Cross docking, pull or push strategies, third party logistics.
c. Information: Integrate systems and processes through the supply chain to share valuable information, including demand signals, forecasts, inventory and transportation etc.
d. Inventory Management: Quantity and location of inventory including raw materials, work-in-process and finished goods.
E-Procurement Can Increase Efficiency Within the Supply Chain:
E-Procurement can be alternatively defined as the application of integrated software programmes and databases which enable direct linkages between the various elements of the procurement cycle and its accounting interfaces in such a way as to:
E procurement through its application of rapid data processing electronic technology, provides a means to improve efficiency within specific areas of the Supply Chain and provide solutions to the challenges b) and c) above. It provides improved efficiency across the supply chain thereby extracting a number of tangible and quantifiable benefits which we will elaborate on later in this paper. E-Procurement applications:
a. reduce processing time at each stage of the procurement cycle
b. reduce generation of paper files
c. Creating consistent reports at the point where the market is engaged thereby enabling consistent comparison of terms based on predetermined criteria e.g. compliance with specifications, most advantageous delivery time, technical/after sales support and price.
d. Providing easily accessible information on spending and supply patterns e.g. what do we buy? How much do we buy? Who do we buy from? What's the average price paid? What's the average spend per period for important categories of goods and or services?
e. In other words e-Procurement facilitates the creation of useful management information and increases the control over spend.
f. E-Procurement further enables the direct creation from requisition, RFQs, and repeats/modifications of previously issued Purchase Orders or the issuing of blanket Purchase Orders.
g. It facilitates accounting in terms of control thereby reducing the likelihood of fraud and or accounting errors by enabling the electronic matching of Requisitions, Purchase Orders, Invoices and Receipts
h. Enables generation of information which will improve inventory control, inventory valuation, support reorder points and track inventory balances
i. Facilitate accurate Accounts Payable information
j. Measures and records key aspects of vendor performance which can be used as the basis for strategic decisions in future re deepening vendor relationships
k. Reduces paper bottlenecks almost inevitable in a paper based system
Traditional Procurement
Give Yourself a Quizz
Give Yourself a Quizz
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The Ideal Environment Necessary for E-Procurement to Flourish:
List: Developed internet in country system, in use by suppliers and buyers , business culture which supports competition strongly driven by competitive end profit motivation and willing to adopt new technologies, strong commercial culture, actively competitive markets for MRO goods availability of market wide systems which support information exchange and link buyers and sellers ,e.g. telephones, faxes internet, newspapers, television and advertising developed transportation links for the delivery of goods roads couriers , extra national supply options available to buyers media, financial infrastructure available to facilitate payments for e proc transactions e.g. banking services, chequing e-banking. These all exist in our marketplace so we are ready to advance to the next level
When To se E-Procurement:
Ironically, while companies may think they have examined every facet of their businesses in pursuit of lowering costs, there is a huge cost area that is almost always ignored. This area is referred to as "indirect spending" – all those purchases among different departments to keep them operating. These items include things such as courier services, kitchen and bathroom supplies, office supplies, computers, computer paper, consultants, temporary help, etc. In other words, indirect spending refers to all maintenance, repair and operating (MRO) goods and other non-production goods that do not make their way into the final product. This area of spending is usually ignored because upper management wrongly assumes that indirect spending is unimportant, and, therefore, not really worth the time it would take to make the required changes.
But, here's the real story. These small dollar, high volume items can represent a no- fail opportunity to lower costs. Companies spend between 45 and 80 cents of every dollar on MRO, and that percentage is increasing (Supply Chain e-Business – April 2002). Every penny saved in operational efficiency and managed spending goes straight to the bottom line. These items represent about 90% of all purchase orders, shipment expense and invoices. Often the overhead costs involved exceed the cost of the items, which is usually under $50.
If a company wants to boost its' profits, it should first look at the process of how it purchases its' goods and services. What it will probably find is that different departments use different vendors for the same items, the price of the items varies from vendor to vendor and there are no discounts; moreover, no one is held accountable because no one is really overseeing the process. To complicate things even further, the whole purchasing cycle is probably still on a paper system. If this sounds all too familiar, it is time to change the way the company purchases its goods and services, and automation is the key.
The move to e-procurement provides a unique opportunity for supply managers for 2 reasons 1) the application of technology to boost competitiveness and profitability is on the agenda and 2) the application of technology to supply management, where firms spend most operating dollars, is focusing more top management attention on that issue. "A recent study by Deloite Consulting of 200 global firms indicate that 30% have been implementing a basic e-procurement solution whereas 61% are either planning or are considering an implementation" This dates back to 2003 (Industrial Marketing Management 32 (2003) 219-–226 Supply Management and E-Procurement: Creating Value Added in the Supply Chain; William D. Presutti Jr.)
The Business Case:
Making a business case for e-procurement requires that supply manager understands the concept of Economic Value Added (EVA), considered the comprehensive financial measure of value creation.
The types of products and services initially purchased through e-procurement systems were mainly office supplies, ICT products and travel services. Then temporary services, parts, maintenance services, facility management services, car leasing, and other non-direct materials followed. All these can be categorized as MRO products and services. (Maintenance Repair and Operations). It has been estimated that MRO purchases amount to 40 – 60% of purchasing volume and approximately 70 – 85% of purchasing transactions generally. And this is even more in financial and professional service organizations e.g. banking, insurance, architectural, accounting.
There are 3 main reasons for us to focus on MRO purchases and applying e-procurement to improving efficiency in MRO spend.
1. Administrative costs for the large number of MRO purchases each year are relatively high in comparison to the value of each purchase.
2. The primary purchasing processes relating to direct materials have already been optimized
3. The number of employees who can make purchasing requisitions is usually limited to a relative few in regard to direct materials, but is virtually unlimited in regard to MRO purchases. This is a general statement which we can bring to our own experience e.g. many large organizations in my own experience in the energy industry seek to bring the purchase of indirect procurement under control e.g. stationery, taxi services, catering to name a few. Finally, MRO products is more suited to e-procurement than direct materials because while their total value maybe relatively high the significance of each to the company's core business is reasonably limited. Give example
These factors can be visualized in a matrix of purchasing types.
Financial Impact
Supply risk axis indicates the availability of product on the market. Supply risk depends on the number of competing suppliers and complexity of the product purchased. The financial impact refers to the significance of the purchases in relation to the financial situation of an organization e.g. in relation to large capital value projects.
High supply risk fuels suppliers' complex high value products or services direct negotiation strategic contracts.
Low supply risk large numbers of suppliers simpler uncomplicated items relatively low individual value high volume apply e-procurement coincide with low financial impact.
Low financial impact coincides with purchases of routine MRO items of relatively low individual value.
High financial impact relate to which coincides with high supply risk do not suit e-procurement as organizations would have invested heavily in medium to long term strategic contracts for both the critical and strategic quadrants.
Leverage where a supplier maybe in a relatively buyer dominant p:osition in relation to a large number of suppliers i.e. where supply risk is low is suited to e-procurement. (reference page 29 e-Procurement and Online Marketplaces)
Using Opportunity Assessment to Build the Business Case:
Assessing opportunities for use of e-procurement is supported by the use of a strategic sourcing process which continuously improves and re-evaluates the purchasing activity of a company. The results of this process would dictate how and where and when e-procurement could be best deployed. Building the business case begins with an opportunity assessment. It's objective is to assess the potential for savings or value additions using a rigorous, consistent, analytical process it determines if there is a credible fact driven case to initiate a project to achieve the benefits. It does the following:
1. Establishes a foundation to launch a strategic procurement project by building a clear understanding of the spend category, people involve, the processes and organization impact.
2. Establishes credibility with all stake holders who have been involve in creating the case and with management by clearly presenting facts in a discipline and analytical format.
3. Helps to decide where and when to commit resources to bring the best probable returns. Finally it sets an initial baseline on which to evaluate ongoing progress.
The opportunity assessment has 4 key parts:
1) Define the category a 5 step process comprising
a) Determine the facts we need to know
b) Identify the data sources
c) Perform analysis
d) Summarise the findings
e) Developing, documenting and testing hypotheses
The objectives here is for the team and stakeholders to understand the spend information as well as or better than anyone else regardless whether they are on the seller or buyer side
2) Identify the opportunity based on part one analysis to reduce services cost and process costs.
3) Define the business impact the object being to identify the points of resistance or support for the project and to build this knowledge into the sourcing strategy.
4) Integrate the results the object is to pull together all the results into overall assessment and to establish project direction.
Assessing Administrative Costs for purchase orders:
If administrative costs are not established for your organization, calculate the cost savings for work eliminated as follows. (Purchasing Today, August 2001). Create a flowchart that represents the purchasing cycle before automation. Then create another flow chart that shows steps eliminated due to automation. For each flowchart do the following:
- Identify who does each step
- Identify how long it takes to do each step
- Calculate the value of each person's time per minute, using the mean salary of the labor grade
- Multiply the value of his or her time per minute by the number of minutes of the task
- Add the costs of all the steps and include all additional costs incurred such as consumable supplies, postage, etc.
- Subtract the before and after flowchart numbers, and the resulting number represents dollars saved.
According to the National Association of Purchasing Managers (NAPM), for every purchase put through a paper system, the company will pay approximately $150 in administrative costs. Compare that to about $32 to process an order through an integrated purchasing system. That's a savings of $118 per purchase order. If a company processes 2,000 purchase orders per year that translates to $236,000, which is pure profit.
Benefits of Automating the Purchasing Process:
The role of E-procurement in the purchasing process as already noted, E-procurement, the application of internet technology, pervades each major component of the purchasing process. In establishing buying requirements through the specification development process, the concept of e-design has emerged to help facilitate early supplier involvement Buyer and seller share information in real time to build specifications that add value to the resulting product .That communication helps to minimize design complexities and avoids building in unnecessary costs into the specification.
This real time exchange of information is also crucial because shrinking product life cycles and the competitive advantage that comes from reduced time to market. The final step in the purchasing process is supplier evaluation and rating .This process requires extensive and accurate performance data. In the traditional paper-based system, it is difficult to capture and retrieve that data to conduct an effective and efficient supplier assessment. E-procurement solutions provide the firm with data warehousing capabilities on which the supply manager can draw. Not only does an e-procurement solutions help to capture aggregate purchases by purchased product code, it also help to chronicle the salient detail's in a supplier's performance record including delivery and quality –level performance. This can be used as a basis for developing strategic long term arrangements
Paper systems are time- and labor -intensive. Bottlenecks, which are inherent in paper systems, form along the routing/approval cycle. The process is long, and many pieces of paper pass through numerous hands before the transaction is complete. Automation eliminates bottlenecks.
Another benefit is buying power. When businesses re-engineer themselves in the procurement area by automating, they are able to reduce their number of venders and negotiate better pricing due to larger volumes. Users simply place their order online from catalogues that have been pre-approved by higher management with pre-negotiated pricing. Any approvals are automatically routed to the correct sign-off people.
E-business is not geographically tied to any one area, so nation-wide branch offices can order from the same pre-approved catalogues.
Automation can reduce cycle time anywhere from 20% to 50%. A fully integrated purchasing software package will reduce unnecessary spending, or "rogue" spending, which can account for as much as 45% of indirect corporate spending. Automation will eliminate common errors, do away with redundancies and automate the workflow
a. -Market leadership shaping the market and culture
b. Using E-procurement in support of strategic objectives build information on supplier, aggregate demand create strategy
Local companies can begin shaping the market by requesting major suppliers to create online catalogues market and by accessing online catalogues from foreign sources thus creating a more competitive environment.
Companies can use E-procurement in support of strategic objectives: build information on supplier performance, and where there is value use e procurement as a basis for building long term contracts with the most reliable suppliers Aggregation of demand across departments or divisions or service lines can lead to leverage and value in terms of price, delivery, quality assurance and control.
E-Procurement in the Context of Caribbean Governments' Procurement Initiatives
The subject of Government procurement within the Caribbean is too wide to be covered in detail. There is a very comprehensive document published by the Inter-American Development Bank –Regional Operations Department "NATIONAL LEGISLATION, REGULATIONS AND PROCEDURES REGARDING GOVERNMENT PROCUREMENT IN THE AMERICAS".
Public procurement as a whole covers definition, scope, legal framework administrative structure, procurement procedures, publicity for invited tenders, requirements for suppliers, criteria, for assessing bids and awarding contracts, disclosure of bids received and contracts awarded, treatment granted to domestic and foreign goods, services and public works and their suppliers, procedures for hearing and reviewing complaints and or appeals.
What is certain is that with combined GDP growth expected at approximately 4 % in the English speaking Caribbean, with increasing government involvement in public projects as well as louder demands for accountability by political constituents; Caribbean governments will be seeking ways in which to better manage public procurement.
Jamaica and Trinidad have taken the lead in this regard. Jamaica has enacted the Contractor General Act of 1999, subsumed within which is the establishment of the National Contracts Commission (NCC). No relation to the National Carnival Commission - The NCC in Jamaica is in effect is an oversight body which has purview over the administration of government contracts for goods, services and consultants. The Contractor General reports to Parliament.
The Trinidad Government has had in place the Central Tenders Board (CTB) as its main public procurement arm for 45 years. The CTB ordinance was enacted in 1961. But through a series of amendments to the Central Tenders Board Ordinance of 1979, (increased the power of CTB as government sole procurement agency and to contract consultants),1987, 1991 and 1993; the procurement regime was decentralized to allow other agencies/ministries to procure outside of the ordinance in the case of emergency and national security; as well as in 1993 establishing the National Insurance Property Development Company Ltd. (NIPDEC) as the procurement agency for government outside the ambit of the CTB.
The current proposal for reform of the public procurement system in Trinidad and Tobago is to adopt the operating principle of value for money, transparency and accountability. This is very similar to the Jamaican objective cited in the National Contracts Commission's mandate, which is to promote efficiency, transparency and equity in the award of government contracts. In the Trinidad White Paper which sets out the framework of public procurement reform, the use of e-procurement is specifically recognized as one of a means to attaining value for money, by making the procurement process more efficient. A National Procurement Advisory Council is to be appointed and that Council will advise a Regulator who with a secretariat will have powers of administration, development of procurement guidelines, monitoring and investigatory powers. The Regulator will have some of the powers of the Contractor General in Jamaica and the National Contracts Commission to administer and oversee public procurement.
Interestingly the Regulator will be required to "proactively support new approaches to implementing, operating principles such as e-procurement and provide support to agencies and the public in using these new approaches". SeeRepublic of Trinidad and Tobago REFORM OF THE PUBLIC SECTOR PROCUREMENT REGIME A White Paper (August 2005) Ministry of Finance www.finance.gov.tt
In other words ladies and gentlemen the application of e-procurement systems within government is both consistent with and integral to the new vision of public procurement as enunciated by the governments of Trinidad and Tobago and Jamaica.
And it is very likely, particularly with the advent of the Caricom Single Market and Economy that other member states will follow.
Caribbean Economy, Positioning Your Business to be Profitable
The 12 member states of the CSME as of January 1, 2006 are Antigua and Barbuda, Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, Suriname and Trinidad and Tobago have enacted the treaty into domestic law. As in the case of public procurement the subject is too wide to be covered on its own today. Interesting information is available on the Caribbean Community (Caricom Secretariat) website. Suffice to say that businesses which can drive down cost within these territories by adopting strategic sourcing techniques combined with e-procurement techniques will be strategically placed both in their territorial markets as well as within intra-regional markets to be more competitive and profitable. What must be remembered is the goal of the CSME to transform these distinct geographical spaces into one common market space. Thereby through the free and unrestricted movement of goods and services, capital, labour, the right to borrow money, the right to establish businesses and the establishment of a common external tariff as well as a common trade policy. In effect CSME will become one market with significant opportunity for the expansion of business. And via the consolidation resources will provide the basis for the export of goods and services outside the boundaries of the CSME.
Comments 3 comments
This is a very thorough piece.
There is a link to sourcing and procurement in the processes you have described above and if a holistic approach is taken from sourcing, through to procurement and purchasing (including e-procurement) and then through to settlement and accounting then there could be a very significant P2P benefit.
There is a useful piece on the procurement process at Purchasing Insight. The ink is here: http://purchasinginsight.com/the-procurement-proce...
It could synergise usefully with you article.
Mr Romney slutade med att förföljts tisdag artighet av - sitt beslut upp till delta Per Las Vegas fund-raiser samtidigt som Donald J. Trump, som tillbringade mycket din dag på bara TV-intervjuer att trycka på Mitt lång misskrediterade utsikt som verkar den faktiska VD kommer att vara aldrig de Nationell medborgare. att Romney kampanj avvisas Alla Visa samtidigt medgett också antagligen en onödig distraktion. ray ban glasögon
Finns på en del av Romney kampanj huvudkontor AT Boston, utstrålade hans rådgivare den särskilda påtagliga känslan bifogat till relief dessutom Per växande luften med självförtroende efter att ha överlevt den oerhört Första fas om artilleriet på grund av Obama ¡¥ s lag här i Chicago . michael kors väskor sverige
Alla allt mer intensiva utbyten mellan Obama och dessutom Mr Romney som en del av de senaste veckorna erfarenheten överskuggas annan utmaning som normalt Mr Romney har tycktes som ett sätt att brottas med : Hans andra republikaner kan mycket väl vara mycket mer klaga om honom eller ibland ifrågasätta dennes konservativa rekord.
We employed to receive at the top of lifestyle but recently We have developed a level of resistance.

subset: commoncrawl


text:
DAVV Indore Exam Results 2016 BHM BBA Merit List Check Online
There will be available DAVV Indore results online very soon. After that you also can check them from its official site. Devi Ahilya Vishwavidyalaya Indore Results 2016 – BHM BBA UG Degree | Check Online The Devi Ahilya Vishwavidyalaya was also organized number of courses exam for all the admission students before the few months… Read More »


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false pdp {"scheme":"product1_cr"}
false pdp {"scheme":"product2_cr"}
Rated 4.8 out of 5 by 5 reviewers.
Rated 5 out of 5 by Mardie Really Neat Mirror, but not a Magnifying Mirror, regular one sided Mirror Over all a nice Mirror, the best I could find online. I do wish it had one side regular and the other side magnified but this is not the case. It is a one sided mirror, the other side is just a grayish black, no mirror at all. It is nice but needs a mirror on the other side, magnified if possible and it also needs some rubber washers to keep the mirror from swaying. THE BUILD IS UNIQUE AND WE MAY KEEP IT. I stuck a 5x5 suction magnifying mirror on the bottom of the mirror but will get another mirror cut to size to put on the other side. Price was close to $100.00 after shipping and tax, I wish it had been a little cheaper. February 17, 2016
Rated 5 out of 5 by DivaShops Perfect for home and teaching studio I love the adjustable height vanity mirror. I use it in a guest room as well as in my music teaching studio. It's perfect to adjust for the height of each student! July 7, 2016
Rated 5 out of 5 by Lorbell Standing Floor Mirror I love my new mirror. I can now see the back of my hair while I'm styling it. Great buy especially on sale. August 2, 2016
Rated 5 out of 5 by LoveHartwellLake Loves the mirror The standing mirror is just the right size for me, looks elegant in my bathroom, and was inexpensive! Love it! September 22, 2016
1 Question : 3 Answers
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If this mirror is two sided, what is the magnification?
9 months ago
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1 Person needs an answerI have this question too
Answer:This mirror is NOT two-sided. The mirror is normal magnification. I would have liked a two-sided one!!!!
Age: 45-54
Gender: Female
1 month, 1 week ago
Anderson, SC, USA
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Answer:It is a one sided regular mirror. But unique. A mirror could be cut to size and put into the other side. I put a 5x5 suction Magnified mirror on the bottom of the mirror.
Age: 45-54
Gender: Male
8 months ago
Oklahoma OK, USA
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Answer:Thank you for your question. This mirror is one-sided with no magnification.
9 months ago
Cleveland, OH
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Product:511734-Adjustable Floor Standing Vanity Mirror


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decided: March 19, 1986.
COMMONWEALTH OF PENNSYLVANIA, DEPARTMENT OF TRANSPORTATION, BUREAU OF TRAFFIC SAFETY, APPELLANTv.MARLIN G. CONNER, APPELLEE
Appeal from the Order of the Court of Common Pleas of Mifflin County in the case of Commonwealth of Pennsylvania v. Marlin G. Conner, Civil Action No. 1538 of 1980.
Harold H. Cramer, Assistant Counsel, with him, Ward T. Williams, Chief Counsel, and Jay C. Waldman, General Counsel, for appellant.
Lester H. Zimmerman, Jr., Barron & Zimmerman, for appellee.
Judges Rogers and Doyle, and Senior Judge Kalish, sitting as a panel of three. Opinion by Judge Doyle.
[ 96 Pa. Commw. Page 27]
This is an appeal by the Pennsylvania Department of Transportation (DOT) from an order of the Court of Common Pleas of Mifflin County sustaining the appeal of Marlin G. Conner (Licensee) from the revocation by DOT of Licensee's operating privileges for a five year period pursuant to Section 1542 of the Vehicle Code (New Code), 75 Pa. C.S. § 1542 (habitual offender provision).
The sole issue for our consideration is whether an offense committed by Licensee on April 30, 1977 when the Vehicle Code of 1959*fn1 (1959 Code) was in effect should be counted in determining whether the Licensee is a habitual offender under Section 1542 of the New Code. The trial court held that it should not.
Licensee's first conviction resulted from a violation of Section 1037 of the 1959 Code. Section 1037 provided in pertinent part, "It shall be unlawful for any person to operate a motor vehicle . . . while under the influence of intoxicating liquor. . . ." Licensee's other two convictions arose under Section 3731 of the New Code and stemmed from violations occurring on September 10, 1977 and May 17, 1980 respectively. Section 3731, prior to a 1982 amendment not relevant here, provided in pertinent part, "A person shall not drive any vehicle while: (1) under the influence of alcohol to a degree which renders the person incapable of safe driving. . . ."
DOT counted the above noted three violations and then revoked Licensee's operating privileges for a five year period pursuant to the habitual offender section of the New Code.
Subsection (a) of Section 1542 of the New Code defines a habitual offender as follows:
[ 96 Pa. Commw. Page 28]
A 'habitual offender' shall be any person whose driving record, as maintained in the department, shows that such person has accumulated the requisite number of convictions for the separate and distinct offenses described and enumerated in subsection (b) committed after the effective date of this title and within any period of five years thereafter. (Emphasis added.)
Subsection (b) provides:
Offenses Enumerated. -- Three convictions arising from separate acts of any one or more of the following offenses committed either singularly or in combination by any person shall result in such person being designated as a habitual offender:
(1) Any offense set forth in Section 1532 (relating to revocation or suspension of operating privilege).
Specifically included in Section 1532 is Section 3731 of the New Code. The question of whether offenses occurring prior to the general enactment of the New Code can be counted under the provisions of the habitual offender statute has already been dealt with in Department of Transportation, Bureau of Traffic Safety v. Eichhorn, 73 Pa. Commonwealth Ct. 425, 458 A.2d 322 (1983), petition for allowance of appeal denied, November 4, 1983 No. 370 E.D. Allocatur Docket 1983. We held there*fn2 that Section 1542, which enumerates the traffic offenses to be used in designating habitual offenders, became effective on June 17, 1976 (the date the Governor signed the law) and not on the date the New Code became generally effective, i.e., July 1, 1977.
[ 96 Pa. Commw. Page 29]
Licensee attempts to distinguish Eichhorn by arguing that in Eichhorn the offense in dispute (driving without lights to avoid identification or arrest) was virtually the same under both the 1959 Code and the New Code whereas the language of Section 1037 of the 1959 Code is substantially different from the language of Section 3731 of the New Code and hence constitutes an entirely different offense. We said in Eichhorn that it is the nature of the offense that controls and the nature of the offense under Section 1037 is the same as that under Section 3731. We thus reject Licensee's argument. Certainly both provisions deal with operating a motor vehicle while under the influence of alcohol. The additional words in the newer provision do not change the nature of the offense, but merely clarify the standard of intoxication which is not tolerated.
Finally, Licensee argues that counting the April 30, 1977 offense under the New Code constitutes ex post facto application of a penalty and hence is impermissible. It is axiomatic that the ex post facto limitation applies only to criminal actions. United States ex rel. Forman v. McCall, 709 F.2d 852, 857 (3rd Cir. 1983). A license revocation is not a criminal proceeding, but a civil one. Callan v. Department of Transportation, Bureau of Traffic Safety, 19 Pa. Commonwealth Ct. 635, 339 A.2d 163 (1975); see also Zanotto v. Department of Transportation, 83 Pa. Commonwealth Ct. 69, 475 A.2d 1375 (1984) (revocation of license is civil proceeding and not subject to double jeopardy clause). Hence, Licensee's argument is without merit and must be rejected.
Having determined that Eichhorn controls here we accordingly reverse the order of the lower court and direct reinstatement of the DOT revocation.
[ 96 Pa. Commw. Page 30]
Now, March 19, 1986, the order of the Court of Common Pleas of Mifflin County, Civil Action No. 1538 of 1980, dated January 23, 1981, is hereby reversed and the Department of Transportation revocation is reinstated.
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IT distie Tech Data has announced an expansion of its strategic alliance with Extreme Networks. Under a new deal, it will offer additional customer resources, technical support and more sales training options for its channel.
Tech Data's Advanced Infrastructure Solutions (AIS) division offers access to Extreme's Networks data centre solutions portfolio, and with new educational training and resources for Extreme's resellers, Tech Data will offer webinars, customised support as well as assistance in how to best leverage Extreme Networks' networking and wireless solutions.
In conjunction with Extreme Networks, Tech Data will continue to provide product inventory management, channel recruitment and business development initiatives through its TeleSmart services and TDAgency, Tech Data's in-house channel marketing services agency, it says.
"This announcement is another step in accelerating our long-standing strategic alliance with Extreme Networks," said Chuck Bartlett, senior vice president, AIS at Tech Data.
"As a sector I'd like to see us practice what we preach more, have better access to the full range of talent out there and bring more women into the workplace. I'd also like to see people be productive while living a fulfilled family life. I don't see why technology needs to be so intrusive. It should support a work-life balance."
Toby Gold, Chief Executive Officer, sipsynergy
no news


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Mr. West's active trial practice emphasizes trial of lawsuits involving tort defense and professional malpractice. Mr. West is lead trial lawyer in most matters and is well known in the trial community as an attorney willing to go to trial. Mr. West has tried over 100 jury trials to verdict. He has also successfully concluded matters pursuant to mediation or binding arbitration. Mr. West is a Fellow of the American College of Trial Lawyers and the Kansas Bar Foundation. Mr. West enjoys Martindale-Hubbell Law Directory's highest "AV" rating for lawyers has been selected by his peers for inclusion in The Best Lawyers in America® and the Missouri & Kansas Super Lawyers® list. In 2014 and 2013, Benchmark Litigation named Mr. West a Future Star. His peer memberships include the Kansas Association of Defense Counsel, the Defense Research Institute and the International Association of Defense Counsel.
"Craig has handled some complicated real estate E&O claims for me and done an excellent job."
"I have worked very closely with Mr. West for the past several years and have always been impressed with his knowledge, integrity and work ethic. I appreciate his ability to clearly explain legal matters to lay persons and his ability to establish rapport with clients. He is always prompt to respond to requests and does an excellent job of keeping clients informed. He is able to achieve good results and I have the utmost confidence in his abilities. "


text:
INDIAN OVERSEAS BANK RTGS HO Branch in NAGARABAVI - Address, IFSC, MICR Code
IOBA0002632MICR Code
4 RING ROAD II STAGE 11TH BLOCK PAPREDDYPALAYAM NAGARBHAVI BANGALORE 560072City
BANGALORE URBANState
What is IFSC Code of INDIAN OVERSEAS BANK situated at NAGARBHAVI- RTGS-HO?
IFSC Code of INDIAN OVERSEAS BANK situated at NAGARBHAVI - RTGS-HO is
What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.
What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.


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Kris Resort GOA
Calangute, Goa - 403 516
Choose Dates
Kris Resort GOA, Goa - Overview
Sheltered by tall coconut tree, Kris Resort equipped with a swimming pool designed along with kids pool makes for a relaxing getaway. A total of 30 rooms with a balcony provide a homely ambience and a great place to relax after a hectic city outing. Each room with room heater is offered with warm hospitality from 7 am to 11 pm. One of the ideal hotels around Calangute also provides nourishing breakfast every morning. Some of the vital services such as 24 hrs front desk, parking area for vehicles (surcharge), luggage storage space and secretarial services are provided. This centrally air-conditioned hotel in Goa has currency exchange desk to help NRI travelers. This place situated in close proximity to famous Shantadurga temple is a delightful resting place when holidaying in Goa.
Check-in time : From 12:00 pm
Check-out time : Until 12:00 pm
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Kris Resort GOA, Goa - Rooms & Price
|Room Type
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|Deluxe Room
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Inclusion: Flexible Check in and Check out (Subject to Availability), Free room upgrade subject to availability
Kris Resort GOA, Goa - Amenities
- Airport transportation
- Breakfast Services
- Central Air Conditioning
- Currency exchange
- Fire Place
- Front desk
- Internet Access
- Laundry facilities
- Luggage storage
- Newspaper
- Parking
- Room service
- Secretarial services
- Swimming pool
- Attached Bathroom
- Bottle Opener
- H/C running water
- Premium TV channels
- Rollaway beds
- Room heater
- Separate sitting area
- Showers only
- Sofabed
- Temperature Control
- Wakeup-calls


text:
Tissue paper candle craft
Supplies needed:
- Tissue paper or paper napkins
- Candle (white or light color is preferred)
- Heat embossing tool, or hair dryer
- Paper cutter
- Scissors
- Wax paper
- Pins
- Cut tissue paper into strips with the paper cutter.
- Attach tissue paper around the candle secure with a pin
- Wrap a piece of wax paper around the entire candle
- Heat with hair dryer or embossing tool. When the wax paper gets shiny move to another spot on candle. Continue until the entire candle surface has that wet shiny look.
- Remove wax paper, and pins
- Your beautiful candle is now ready for use
Wasn't that the easiest project ever?
The candle with swirls was made out of a paper napkin. Just pull apart the napkin layers and use the top piece where the design is printed. I wrapped the entire candle with a napkin and applied heat.The results were absolutely stunning. I couldn't believe how good it looked with so little effort on my part.
You know what I am giving my friends and family for Christmas this year :)
A word of warning: Always use common sense when burning candles. Never leave a burning candle unattended.


text:
With money comes control. Irregardless of its source: from friends or family. The man with the cash holds the staff.
Your friends say a lot about you... You may be different but the outside world does not care. Your friends still say a lot about you.
Sigh, mum wants me to pick a church with a good crowd to meet a good man


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Dr. Melissa Pfeffer of the LaFollette Eye Clinic returned from Guatemala recently after volunteering in several villages, performing eye exams and giving glasses to more than 400 patients.
The bulk of discussion during Monday night's LaFollette council workshop meeting was dedicated to concerns over the city's E-911 board.
The Tennessee College of Applied Technology in Jacksboro is hosting Scholarship Saturday from 10 a.m. to 2 p.m. on Saturday to encourage students to sign up for the Reconnect grant.
Bomb and Arson special agents from the state fire marshal's office are investigating an explosion inside a Caryville home that occurred last Sunday around 9 a.m.
The Jellico Board of Mayor and Aldermen approved the appropriation of $2,000 to the city's youth baseball organization last Thursday.
After bringing up the topic again during Monday's regular monthly session, Campbell County commissioners tabled a vote for holding a referendum on a proposed sales tax increase.
Copyright © 2016
The LaFollette Press is your source for local news, sports, events, and information in Campbell County and LaFollette, TN, and the surrounding area.


text:
Can a man be faithful when he has the option to lay in "greener pastures?" Really think about that for a moment. The statement above, if true, would seem to prove otherwise. All men have the option to cheat. Whether or not a man cheats has little do with availability. It has everything to do with the character of that man. To be, or not to be faithful are both individual choices.
The true measure of a man is determined by his finer qualities not his options to stray. Here are 3 qualities of a real man and how to spot a cheater.
#1. A Real Man Has Commitment
I have known men on both sides of the proverbial coin, those who cheat fluently and those who are steadfastly faithful. Both arrive at their chosen destination intentionally. Men who cheat do so with intention.
They use the latest technology to advance their indiscretions. Social media isn't inherently bad. . and other social media sites don't ruin relationships. It's a neutral platform that can be used to honor a woman or to dishonor her. What determines its use is its user. A committed man will use these tools to honor the woman he is committed to with great integrity.
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text:
Italian translation of red-blooded
Example Sentences Including 'red-blooded'
No red-blooded male would let a woman like that leave his apartment without giving her one.THE LAST TEMPTATION (2002)
He still didn't really understand the needs of a red-blooded man.MR STARLIGHT (2004)
For any ordinary red-blooded American just going over the top, proving his manhood once or twice too often for his wife's convenience.THE PRESIDENT'S CHILD (2003)
Trends of 'red-blooded'
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Translation of red-blooded from the Collins English to Italian Dictionary
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Basketball with the FZ200
H Larsen wrote:
RAW is great to ajust withe the balance, but do you also see an improvement in ISO quality ?
Not so much an outright improvement, but it gives you more leeway. In JPEG, you have to rely on your and the camea's ability to pick the best settings beforehand. These days, that usually gives ok results, but in extreme cases like this one having options in postprocessing means you can improve on this. Here, i used only the noise reduction in Lightroom. But that's probably not the best denoiser out there. NoiseNinja was my preferred choice in the old Bibble days, there's a lot of other very good programs, and even the wavelet denoise plugin in Gimp does a pretty good job. So, shooting RAW, you get all those options to choose from and pick the best image.
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|Nov 13, 2012
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|I am an Elephant by Bibix
from An A to Z of Subjects- Week 5, E
|Mossy forest panorama by Jill Hancock
from Your point of view
|Ship Moon and Stars by LJJohnston
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MIDAS SHARE TIPS: Can buying into wind farms with Greencoat blow in some profits?
Benefit: Greencoat will only buy operational farms
Wind farms arouse strong feelings for and against. But whatever the Government decides to do about building more, there are already upwards of 4,000 turbines in Britain generating enough electricity for millions of homes.
All this electricity is subsidised by businesses and consumers and will be for the foreseeable future.
Greencoat UK Wind intends to take advantage of this by listing on the London Stock Exchange next month and using the money raised to buy wind farms.
The new shares will be priced at 100p each and are likely to prove a rewarding investment.
company is the creation of Stephen Lilley and Laurence Fumagalli, who
have spent their careers in the energy and investment industries.
2011, the duo conceived the idea of creating an infrastructure business
that would invest solely in operational wind farms.
idea was masterful. Building these developments is a risky business,
particularly when so many people detest them and the Government is
dithering over future investment.
wind farms are a different matter. First, there are no problems with
project management, expensive parts and protesting locals. They are
also entitled to substantial 'green' benefits – payments that wind
companies receive for generating renewable energy.
payments come from energy companies themselves, so gas and electricity
customers are, in effect, footing the bill. The subsidy means that half
of Greencoat's turnover is guaranteed in advance, while the rest will
come from selling electricity at standard wholesale prices, which are
rising rapidly.
Lilley and Fumagalli are guaranteeing a 6p dividend in the first year of operation, implying
shareholders will receive a generous six per cent
yield. The green subsidies are also explicitly linked to the Retail
Prices Index, so Greencoat's dividends are expected to rise with
inflation too.
The company intends to raise between £205 million and £260 million from next month's listing and will invest in up to six wind farms from energy groups SSE and RWE.
Midas Extra is our premium share-tipping and investing service, with exclusive share ideas, in-depth fund investing analysis and regular commentary on what the economic outlook spells for your investments.
Department for Business is buying £50 million of shares, while SSE
itself is investing up to £43 million in the fundraising. The remaining
shares will be available to institutional and individual investors, but
they should be particularly attractive for those wanting stable,
long-term income. There should also be some decent capital growth as
Greencoat expects to expand substantially over the next few years.
Government has said that it wants at least 15 per cent of Britain's
energy to be green by 2020, a target that requires massive investment
from utility companies. Selling wind farms to Greencoat will enable them
to raise much-needed cash, which they can then invest in future
renewable energy projects.
expect this company to double in size over the next three to five
years, primarily through buying existing wind farms. Even as the
business grows, the commitment to delivering generous dividends will
remain, because the group can rely on subsidised turnover.
A prospectus will be released tomorrow and investors will have four weeks to think about whether they are interested in buying.
Midas verdict:
Wind energy is a contentious subject but Greencoat offers a way of
reaping financial benefits from it. The dividend is attractive, Lilley
and Fumagalli are experienced and the company has strong growth
prospects. Buy.
MIDAS UPDATE: Vp up 8% but there is more to come
Midas recommended equipment rental specialist Vp in September, when the shares were 304p.
Last week, chairman Jeremy Pilkington told investors that conditions
in recent months have been stable, the company has experienced strong
demand for its products in certain sectors and results for the year to
March 31 would be in line with expectations.
The City decided this news was unexciting and marked the shares 9p lower to 329.75p.
At this level, they are still eight per cent ahead since our tip, but they deserve to do better.
The company works in a number of highly specialised areas, such as
Britain's rail sector and oil and gas in Asia, where it provides a wide
range of tools and where demand has been consistently strong.
Midas verdict: Vp's profits are forecast to increase by 30 per cent
to £17.1 million this financial year and the dividend is expected to go
up by ten per cent to 11.9p.
The shares should show further growth, too, so existing investors would be wise to hold and new investors might consider buying a few.
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Having unnecessary fat in various areas of your body can have a substantial impact on your health and self-esteem. While conventional weight-loss through exercise and diet is a great way to slim down overall, even the best exercises cannot target problem areas like the tummy, inner thighs, arms, and butts. Liposuction is a time tested treatment that is utilized to get rid of excess fat from particular areas of the body, enabling a specific to form and contour their body to their taste. Is liposuction right for you? Learn now.
Pros of Liposuction
There are numerous advantages to this cosmetic treatment, consisting of:
• Right away obvious modifications. Unlike standard weight-loss, liposuction develops changes that are right away noticeable in the body. Some distinction is visible immediately, and the desired results are usually attained in just a few days.
• Proven and safe. This cosmetic treatment has actually been performed by knowledgeable cosmetic surgeons all over the world for several years and the technique has been refined over and once again to be safe and reliable.
• Recovery time is generally quick. The downtime needed after having this type of treatment is normally much less than what is needed for other types of cosmetic treatments, including abdominoplasty, breast reduction, and more. People who have had the procedure can typically return to work far more quickly than they expected and can get back to living a healthy, active lifestyle.
• Weight-loss can be permanent. With the best maintenance techniques, the fat that was removed during the liposuction procedure will not return.
• Complete control over your physique. With liposuction, an individual can have complete control over how they wish to look, beyond exactly what standard diet and workout can offer. Providing people this power over their bodies increases self-esteem and assistance individuals feel their best.
While there countless advantages to liposuction, there are naturally a few caveats that must be thought about before making the decision to progress with the procedure.
Cons of Liposuction
Prior to having actually liposuction done, it is essential to analyze the possible downsides of the treatment and identify if the benefits outweigh the risks in your particular case. Your surgeon can help you learn more about the risks related to the procedure and can help you choose if moving on is the right thing for you.
• Issues with general anesthesia. Since liposuction is performed under basic anesthesia, the treatment carries the very same threats as other type of surgical treatment where basic anesthesia is used. Hidden medical conditions may increase these threats.
• Negative responses. Bruising, bleeding, and pain are all to be anticipated, nevertheless, in rare cases can trigger more substantial issues.
• The potential to acquire the weight back. After having liposuction done, it is critical to keep a healthy diet and workout properly as recommended by your doctor. Failure to do so might cause acquiring back the weight that was lost or possibly a lot more.
Although there are risks connected with liposuction, for many people, the advantages far surpass them. Educate yourself about the procedure by having in-depth discussions with your surgeon and consider how liposuction has the prospective to impact you as an unique individual. Just you and your specialist can identify if liposuction will offer you with the results you are looking for within your expectations.
Laser Liposuction procedure is a new non invasive procedure to loose unwanted bodyfat in Pageton WV
Laser liposuction is a more recent, minimally intrusive treatment that includes heating the fat cells to melting point and removing the melted fat through a little cannula. The procedure is generally done right in your physician's office and is an excellent alternative for individuals who have less than 500 ml of fat to remove from any one location. Laser liposuction can be a safe, complementary treatment to weight-loss in order to sculpt the body you've always desired.
Contact a Surgeon in your Pageton WV today.
If you're thinking about liposuction as a weight loss solution, it is very important that you discuss your desires with a certified cosmetic surgeon in your location. Your surgeon will carry out a complete examination and health history survey to determine if liposuction can benefit you and help you reach your physical and psychological goals. Call today for an assessment and find out more about how liposuction can assist you achieve the body of your dreams.


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Italian Zucchini Crescent Pie
Tomato-Basil Turkey Casserole
Italian Vegetarian Lasagna
Garden Pizza with Sun-Dried Tomato Pesto
Easy Cool Vegetable Pizza
Basil Salmon and Julienne Vegetables
Serve this tomato-zucchini stir-fry over rice for a tasty dinner that's ready in just 20 minutes.
Use a food processor to slice the zucchini and onion, and to shred the cheese.
Eight ounces of cooked angel hair pasta is a good substitute for the hot cooked rice.
© 2016 ®/TM General Mills All Rights Reserved


text: Kim Davis Will Attend The State Of The Union Address January 12, 2016, 8:33 AM EST This post has been updated. Kim Davis, the Kentucky clerk who made headlines last year for refusing to issue marriage licenses to same-sex couples, will attend the State of the Union address on Tuesday night, according to reports in the Washington Examiner and The Hill. The Family Research Council invited Davis and her lawyer, Mat Staver, to the speech, according to the Washington Examiner. The Hill confirmed that Davis and Staver will be in the audience for President Obama's last State of the Union. Read More →


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It was tough to pick against the New England Patriots on Saturday.
While the Kansas City Chiefs are no joke, Patriots head coach Bill Belichick entered the game with Tom Brady, Rob Gronkowski and Julian Edelman at his disposal.
Too bad he didn't have a tissue.
Early in the first quarter of the weekend's first divisional-round playoff game, Belichick was seen digging for gold on the sideline.
Boogergate, anyone?


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Discover How You Can Make Your Publicity, Emails and Web Sites Truly Hypnotic!
Compelling... Persuasive... Informative... Interactive...
Hypnotic. It's a great word to describe Web sites whose content is so spellbinding you just can't stop reading. And the best hypnotic Web sites keep you reading until you've bought the product or service that they are selling.
Imagine having that power at your command. The power to compel the media to cover your business, your products, even you. The power to draw prospects to your own hypnotic Web site - even the power to get them to open your sales emails.
That power can be yours. Welcome to the world of hypnotic marketing.
The Master of Hypnotic Marketing
Joe Vitale is a master copywriter and author of the online classic series that includes "Hypnotic Writing" and "Hypnotic Marketing." He's the popular author of ten books, including best-selling ebooks and the best-selling tape set for Nightingale-Conant, "The Power of Outrageous Marketing!" His sales letters have pulled a record-breaking 97% responses and his news releases have made at least one person a millionaire.
Just think - you're going to learn...
- The three ways of always hypnotizing the media.
- The little-known secret that will double the response rate to your email offer.
- The eight powerful rules of publicity that will get you and your business media coverage.
- The Seven Laws of Baseball's Greatest Publicist - all of which you can adapt to your own marketing plan.
- A simple 3-step formula you can use right now to write a sales letter, ad, email, news release, or an entire ebook!
- 5 ways to create an email so hypnotic your recipients will have to open it!


text:
Details of this Paper
Distance-vector routing
As a lead network administrator, you need to review a few things with your team before implementing the next phase of the network. In 4?6 paragraphs, address the following;Explain link-state and distance-vector routing.Compare and contrast link-state and distance-vector routing.;Discuss with at least 2 other people why it is important to minimize the number of hops between routers.;What would be the impact of having too many routers?
Paper#69950 | Written in 18-Jul-2015Price : $22


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Download Bhg Christmas Tree [1280x1024 px, 303 kB]
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Fire and Forget The Final Assault Download
Fire and Forget The Final Assault is an Action and Racing game for PC published by Gravity Europe SAS in 2013. Get ready for deadly races!
Fire and Forget The Final Assault PC Game 2013 Overview:
Each racer tries to destroy the other cars to win this kind of competitions. So, You have to do the same thing for money. If you're ready, Get your car from the garage.Read more
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This is a very versatile recipe. Sometimes I add green beans, mushrooms, okra or a parsnip. I use whatever combination of vegetables I have and vary the seasoning accordingly.
- 3 Tablespoons Olive Oil
- 2 pounds red skin potatoes
- 4 stalks celery
- 2 red or yellow onions
- 3 carrots
- 1 large sweet potato
- 2 medium turnips
- 1 red pepper
- kosher salt
- fresh cracked black pepper
- Preheat oven to 400 degrees. Lightly oil 2 large rimmed baking sheets. Cut all vegetables in 1 to 1 1/2 inch sized chunks. Place in large bowl. Drizzle olive oil over the vegetables and sprinkle them generously with the salt and pepper. Toss to evenly distribute the vegetables and the seasonings. Divide the vegetables between the two baking sheets and place in the oven. Roast vegetables until tender and brown in spots for approximately 40 - 50 minutes. Turning them about every 15 minutes.
Nutritional Info
- Calories249
- Carbohydrates43 g(14%)
- Fat7 g(11%)
- Protein5 g(10%)
- Saturated Fat1 g(5%)
- Sodium85 mg(4%)
- Polyunsaturated Fat1 g
- Fiber7 g(28%)
- Monounsaturated Fat5 g


text:
Local SEOS makes owning an ipad worth it!
Local SEOS is the 1 topic a month Apple and Android magazine. Entertaining and educational, you've never loved local SEO as much a reading this app. Join us for a deep dive into the topics that matter most to our industry.
"My favorite thing to do is tweet the worst articles I can find on the monthly topic to @LocalSEOSMag"
On Facebook or Twitter follow Local SEOS for the best on from this months topic and a peak at next months.
Issues Please!
Copy Right 2015
Local SEOS Magazine


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"SARITA SI" boasts a classical yet sophisticated ambiance aided by an abundance of natural and subtle interior lighting throughout the yacht. The superbly fitted guest cabins, compromising of three doubles and three twins, can accommodate twelve guests in luxury, served by up to 9-10 crew. All have ensuite facilities and are tastefully fitted in teak and Italian marble.
With recent improvements "SARITA Sí" now features some of the largest open deck spaces on a yacht of this size, making her ideal for exterior living, relaxing or entertaining.
3 twin bed cabins and 1 queen each with shower toilet en suite. 1 large VIP cabin with king bed, bathroom, separate shower and dressing room.
The Owners cabin is situated in the forward super structure under the wheel house and comprises a queen bed with bathroom and dressing room. Aft of the Owners stateroom to port is the yachts fully equipped galley with access through to the main saloon and dining area or onto the port side deck. Guest access to the yacht is either via the starboard side which brings you to the main staircase communicating with both the lower and upper deck into the bridge and sundeck, or via the aft deck double doors which lead into the large and comfortable saloon, used either for dining or simply sitting back and relaxing. The saloon features an entertainment centre, with all the modern satellite television and communication systems.
The Bridge features all the modern and necessary equipment to comply with the MCA Code for commercial registry and has recently been upgraded to full GMDSS compliance. The double Captains cabin is situated port side aft of the wheelhouse and comprises double bed with small seating area and separate shower and toilet. The bridge doors to both port and starboard allow access to the aft of the bridge deck. There is also a second access to this deck via staircase from the aft deck. Directly behind the wheelhouse there is a Day head comprising hand basin, toilet and full shower.A comfortable seating area that features an extendable table, with additional loose seats this table can comfortably seat twelve guests. This is an alternative dining position from the large dining table on the aft deck. This area also features a service area with fridge, icemaker and glass stowage. This deck can also be set up with sun loungers and cushions. 6 person Jacuuzi with additional booster pumps for fast heat up is situated at the centre aft end of the Deck. A large fixed white sun awning shades the bar and dining area. The forward end of this area is fitted with removable Eisen Glass screens for protection from the wind whilst dining.
Access to the flybridge is gained via a staircase to the port side of the bridge deck. This takes you up onto a large sun lounging area, with fitted canvas covered sun cushions.
This area was gutted during the refit of 1997/8 and all new crew accommodation built as follows.
Forward 2 double bunk cabins with shower toilet en suite followed by a crew restroom on the port side and a utility and laundry room on the starboard side. Immediately abaft this area are a further 2 crew cabins each with shower toilet en suite.
The aft deck features a long teak dining table, which can seat 12 guests for dinner in comfort. This area also features a bar complete with glass stowage, Scotsman icemaker and General Electric fridge. The dining area is also covered by a fixed white sun awning.
Build & Design
- Exterior Designer:CRN
- Name:SARITA-SI
- Yacht Type:Motor Yacht
- Yacht Subtype:Classic Yacht, Displacement
- Length Overall:38.6m (126' 7")
- Length at Waterline:35.6m (116' 9")
- Beam:7.2m (23' 7")
- Max Draught:2.1m (6' 10")
- Gross Tonnage:227.00
- Builder:CRN
- Year of Build:1972
- Hull Year:1969
- Hull Number:031
- Hull Type:Full Displacement
- Number of Decks:3
Performance & Capacities
- Max Speed:15.00kn
- Cruising Speed:12.50kn
- Range (nm):2000.00nm @ 12.50kn
- Consumption:210.00L / 55.48USG
- Fuel Capacity:45000.00L / 11887.74USG
- Water Capacity:10000.00L / 2641.72USG
- Make:Caterpillar
- Model:3412TA
- Type:Diesel
- Quantity:2
- Total Power:2400.00hp
- Hull:Steel
- Superstructure:Aluminium
- Deck:Teak
- Guests:12
- Passenger Rooms:6
- Master Rooms:1
- VIP Rooms:1
- Double Rooms:2
- Twin Rooms:2
- Classification:BV/RI
- MCA Compliant:Yes
- Flag:United Kingdom
**Approximate price conversion.
Contact the broker for more information
The information you provide in this request form will be sent directly to the yacht broker. We will not share your information with any other person. View full Privacy Policy for further information.


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Check in from 12h / Check out prior to 12h
Domus Inn: Find photos, reviews, information, amenities and compare prices for 4 stars hotels in Rome, Italy.
Domus Inn offers 4-star accommodation in Rome. It is ideally located for guests wanting to visit local attractions.
Hotel description
Domus Inn Rome features an around the clock reception, plus a currency exchange and a safe.
A satisfying breakfast is available every morning at the hotel, and there are numerous restaurants and cafés close by.
Domus Inn is within walking distance of Mondo TV, Borghese Gallery and Baths of Diocletian. It is within a 20-minute walk of Castro Pretorio Metro Station and Termini Metro Station, which allows for convenient access in and around Rome.
Hotel features
24 Hour Reception, Currency Exchange, Safe-Deposit Box
Availability and Prices
Booking Site
Room Type
Per room
Per night
Per night
Users who viewed Domus Inn also viewed these 4 stars Rome hotels:
Rome Life Hotel
Via Palermo 12, Rome
Via Palermo 12, Rome
Daysleeper B&B Rome
Via Giovanni Giolitti 375, Rome
Via Giovanni Giolitti 375, Rome
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Via Civinini 46, Rome
Via Civinini 46, Rome
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Foster or Forever Home: Meet Percy!!
Percy's story is all too familiar...another big (85 pounds), black dog, sitting at the shelter going un-noticed...yes, Black Dog Syndrome was clearly alive and well in this case! We couldn't let such a great dog become a statistic of the 4th of July...Percy is FABULOUS!!
Percy was dumped at the Carson shelter, another familiar story, by his family when they decided to move to a place that didn't take big black dogs. They did let the shelte r know that Percy is good with kids, is house trained, good on the leash and with other dogs. Yes, we said he was fabulous and weren't kidding. They only thing they weren't sure on was cats.
If you are interested in fostering or adopting Percy, please email firstname.lastname@example.com or fill out our online application at www.labradorsandfriends.org. Percy is in So. California.


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A radio tuning through static noises.
Recorded with Edirol R-1.
This is absolutely PERFECT for what I needed. Thank you!
Great file, thanks!
great record....
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text: PodKill 2.0 Small command line app to kill ipod on a timer for those that want a sleep function. Usage: Make sure you run as root (su root). Type pkill --help or pkill for help in terminal. It basically sets the duration to what the user enters and stops the Music Player after that duration. It was developed because many of us like to fall asleep listening to our iPod/iPhones regularly and wake up to it still playing with a dead battery. When this small cmd runs it ll close Terminal also to decrease memory usage. PodKilll 2.0 http://www.[PIRACY.mup].com/0UOS31W9RX


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At mydentist we continue to significantly invest in providing the best environment possible for our Dentists from our state-of-the-art training academy to modern practices with new chairs and equipment. Join our community of dental professionals and you'll receive all the support you need to focus on providing clinical excellence. Your practice, regional and national teams will take care of all the administration and other distractions, so you can continually develop your skills and look after your NHS and private patients.
We have an Associate Dentist role available in (location and postcode) and the details are:
- Vacancy start date - 19/09/2015 *later start date can be negotiated
- UDA Target - 5720
- Days and hours available - Tuesday, Wednesday and Friday *possibility for 1 extra day in Tonyrefail
- Hygienist/specialist services available at practice
- Nurses - 5, all qualified. Nurses work between Talbot Green and Tonyrefail
- 4 surgeries in practice
- Tonyrefail - brand new surgery with new equipment
- Both practices have been rebranded and redecorated
- Long standing team - between 5 and 12 years
- Free parking.
Please note that applicants will need to have an active Performer Number
Both Tonyrefail and Talbot Green are welcoming practices with a positive feeling. The patient based in Talbot Green is large but new patients are taken on daily. Tonyrefail is slightly smaller but it is a busy practice, which also welcomes new patients daily. Private
Private treatment is booming at Talbot Green to date the practice are over annual budget. At Tonyrefail there is scope to increase private treatments and the practice was also considerably over the private budget last year.
Talbot Green has an Implantologist, Hygienist Tonyrefail has 1 clinician who offers Denture Excellence. Tonyrefail is looking to recruit a therapist.
There is a new decontamination room in Talbot Green with a nurse who is present on most days to run it.
Talbot Green is in a prime location, just 5 minutes off one of the main junctions of the M4 with Tonyrefail being 10 minutes away from Talbot Green. There is on-site parking at Talbot Green; Tonyrefail has on-street parking outside the practice, which is free.
Talbot Green is in an ideal location within easy access from Cardiff both by car and a bus route train station 15 min walk. There is an up and coming shopping centre with restaurants, it's a busy area but without the hustle and bustle of the big city.
You'll enjoy competitive UDA rates, 50% contribution to lab fees, access to an established patient list and private practice opportunities. As part of our network of clinical professionals, you'll also be able to share ideas and expertise with Specialists and Dentists across the UK.
Click 'Apply for Job' below to apply online. Alternatively, for an informal discussion regarding this role and other opportunities at mydentist, please contact Carly Dewhurst on 01204 797320 or [email protected].


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Maple Cream Bonbons
Total Time
Prep 10 mins
Cook 0 mins
So easy to make your own fresh candy!! You'll get lots of compliments with these. And they're a lot less axpensive!!
Ingredients Nutrition
- 1 cup butter, softened
- 3 1⁄2 cups powdered sugar
- 3 tablespoons maple flavoring
- 2 cups chopped walnuts
- 2 cups semi-sweet chocolate chips
- 1 cup butterscotch chips
- In bowl cream the butter, sugar and maple flavoring until smooth.
- Stir in walnuts.
- Shape into 1in balls.
- Place on waxed paper-lined baking sheets.
- Freeze until firm.
- Melt chips together, dip balls and place back on the wax paper lined sheets.
- Refrigerate until hardened.
- Store in the refrigerator.


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This Guardian article summarises the findings of a research paper finding that learning and skills development in community groups, such as those many TBN members operate in, has little do with formal learning and much more to do with social networking. The lead researcher's main advise is to "find someone doing something similar and go talk to them", which we at TBN also recommend our Members & Partners to do.
If you're interested in learning more about a topic, or want to work alongside someone in TBN doing something you'd love to get involved with, why not get in touch with us on [email protected] so we can connect you up.