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HomeMiningKCM denies 3 tier procurement system which disadvantages local suppliers

KCM denies 3 tier procurement system which disadvantages local suppliers

Vendanta owned Konkola Copper Mines – KCM has rejected claims by local contractors that it runs three separate procurement systems, with local suppliers being subjected to one were aggressive negotiating is applied. The Chingola headquartered mining firm insists that its purchasing setup remains a unified function, despite utilizing different platforms and processes for various categories. The clarification follows mounting concerns and complaints from local suppliers and contractors over what they describe as three tiered procurement channels: KCM’s internal procurement department, Miombo Sourcing, and SYNISE—an online platform used for reverse bidding. Local vendors argue that these split pipelines create unnecessary barriers,...

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