Value Management News
New date for 2014 IVMA Annual Conference
The date for the 2014 IVMA Annual Conference has been moved to 12 November but all other arrangements remain unchanged. The decision to change the date was taken to ensure full advantage for the event sponsors. Principal Consultant at Advanced Value Management Systems in Queensland, David Baguley, has volunteered to assist the conference organisers with the development of the final conference program.
Join the IVMA LinkedIn Group
IVMA has established a LinkedIn Group for members and supporters to share ideas and information. LinkedIn is a business-oriented social networking service for professionals to engage with like-minded people interested in all aspects of Value Management. Follow the link and join the group now.
Economic Significance of the Australian Logistics Industry
A new report by the Australian Logistics Council confirms the logistics industry is the backbone of the Australian economy. The report, Economic Significance of the Australian Logistics Industry
, was launched recently by ALC Chairman, Don Telford. It provides a comprehensive overview of the logistics industry’s contribution to the Australian economy, its number of employees, and the sectors of the economy that would benefit most from improvements to supply chain efficiency. You can read the report here
The variable benefits of investing in infrastructure
UK construction procurement models set to drive costs down
Reports claim that between 1992 and 2011 China spent 8.5% of its GDP investing in infrastructure; more than any other country, and well above the developing-country norm of 2-4% of GDP. Given China’s growth - its economy expanded seven-fold during that time - the wisdom of investing in infrastructure seems self-evident. Research generally turns up a positive relationship between infrastructure investment and growth, especially in poorer countries. Follow the link to see The Economist
article that explores these issues further.
The UK Government has published guidance on three new models of construction procurement that have been under trial. The Cabinet Office said the models do not deliver the cheapest construction project, but will deliver the most cost effective and value for money outcome.
Along with reducing costs, the models are expected to: contribute to improved programme certainty, reduce risk, encourage greater innovation, and improve relationships across clients and the supply chain. Follow the link to see the full article.
See the new IVMA website for more news and information.