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We have published our latest annual report covering Scottish Government’s procurement activity in 2022 to 2023. In 2022 to 2023 public sector bodies spent over £1.3 In 2022 to 2023 public sector bodies spent over £1.3 This report showcases the real Power of Procurement.
per cent in January 2023, down from 9.2 Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. Unchecked inflation can not only damage profitability and hinder growth opportunities but also impact long-term success.
With the Procurement Act 2023 now set to come into force on 24 February 2025, contracting authorities have been given an additional four-month extension to prepare. The Ministerial Statement highlighted that the extension aims to facilitate a smoother transition for both contracting authorities and suppliers. Where are we now?
Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | ProcurementStrategy by Sara Omer What is the Saudi Vision 2030 Program? It empowers organizations to simplify the procurement process, enhance productivity, and reduce expenses.
Ivalua Spend Management Insights [ivory-search] 5 Reasons to Attend 2023 Ivalua NOW Paris! March 6, 2023 | | Ivalua NOW by Eloise Barnum 5 Reasons to Attend 2023 Ivalua NOW Paris – Breaking New Ground We are thrilled to invite procurement leaders, innovators, customers, and colleagues to Ivalua NOW Paris.
As 2023 draws to a close, we take a look back at what has been achieved over the last year in Public Procurement in Scotland. We asked members of the Public Procurement Group (PPG) to summarise their sector’s 2023 achievements. Now, there’s just not enough time for me to mention every highlight of 2023.
Collaborative Framework for the provision of Legal Services A new Category B (Central Government) multi-lot, multi-supplier framework for the provision of Legal Services commenced on 1 September 2023 for a maximum period of 4 years to 31 August 2027. Initial contracts meetings were held with all suppliers.
We have published our latest annual report covering Scottish Government’s procurement activity in 2022 to 2023. In 2022 to 2023 public sector bodies spent over £1.3 In 2022 to 2023 public sector bodies spent over £1.3 This report showcases the real Power of Procurement.
The report highlights that 55% of every pound spent with suppliers in Scotland went to an SME, but we continue to look and build on these figures and I am pleased that the Scottish Government published our SME and Third Sector Action Plan.
E-invoicing Mandate | France 2024 March 27, 2023 | | ProcurementStrategy by Steve Carter The biggest change to Accounts Payables since the introduction of double entry journals is about to hit finance departments–but are they prepared? Every supplier will be forced to send Government approved invoices to their clients.
Collaborative Framework for the provision of Legal Services A new Category B (Central Government) multi-lot, multi-supplier framework for the provision of Legal Services commenced on 1 September 2023 for a maximum period of 4 years to 31 August 2027. Initial contracts meetings were held with all suppliers.
Five suppliers have been appointed, three of which are Scottish Small and Medium-Sized Enterprises (SMEs). Framework Public Bodies are encouraged to complete the RFI and confirm their interest in participating in a User Intelligence Group (UIG) for the new procurement exercise.
As part of Scot Climate Week 2023 , we hear from some members of the Public Procurement Group (PPG) on how their organisations are embedding climate action in their procurement activities. Also in line with our environmental initiatives, we’re actively collaborating with our top 100 suppliers to gather climate plans.
As 2023 draws to a close, we take a look back at what has been achieved over the last year in Public Procurement in Scotland. We asked members of the Public Procurement Group (PPG) to summarise their sector’s 2023 achievements. Now, there’s just not enough time for me to mention every highlight of 2023.
Inclusive Opportunities: Public procurement can be a tool to promote equality, diversity, and inclusion by prioritising contracts with suppliers committed to these ideals. Environmental impact Another facet of social value procurement is environmental sustainability.
This analysis will explore the main NAO findings, look at their wider significance and propose steps to reinvigorate competition in government procurement. Public sector procurement is driven by competition to achieve economic efficiency and stimulate innovation, providing new ways to deliver vital goods and services.
Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. What is Source-to-Pay?
Effective procurement practices allow the establishment of a closed-loop circular supply chain that helps deliver more efficiency, from end-to-end and supports the formalisation of different services, including e-waste management, recycling, resource sharing, and supplier regulatory development.
billion savings by 2023-24. It has used different methods for different audiences, for example, to government, trusts and suppliers (see Figure 5). The full text of my submission is reproduced below, in case of interest. The method for calculating this re-counted savings from each year since 2015-16.
Such activities may include phone calls or email inquiries to upstream suppliers or downstream users or employees or other agents of the manufacturer, including persons involved in the research and development, import or production, or marketing What is the timeline for compliance?
It provides an overview of public procurement activity in Scotland for the financial year 2022 to 2023. The reporting year also saw significant milestones for public procurement including the development of the Public ProcurementStrategy for Scotland. billion of known procurement spend supported around 13.7
With just one month left until the Procurement Act 2023 officially takes effect, the clock is ticking for organisations to ensure theyre fully prepared. Updated your procurement documents to comply with the Acts requirements? Your procurement readiness checklist: Update your procurementstrategy and contract procedural rules.
For procurement professionals, this development presents new challenges in cost management, supplier relationships, and regulatory compliance. In this blog post, well explore in detail the impact of US tariffs on UK supply chains and outline actionable steps procurement teams can take to adapt. billion (ONS, 2024).
Suppliers face plenty of hurdles: Tough competition everyone wants to win. So, how do the most successful suppliers do it? They follow public procurement best practices strategies that help you not only win contracts but keep them coming. Crafting A Winning ProcurementStrategy A proactive approach gives you the edge.
By addressing these challenges, procurement teams can enhance transparency, ensure compliance, and deliver value for money. Source: [link] The Key Challenges In Public Procurement Regulatory Complexity With the Procurement Act 2023 evolving, procurement is treated with a lot of oversight.
Now we play a major role in this to our programmes of work on our National Collaborative Procurement, Commercial Value for Money programmes and the Single Scottish Estate programme, making a real efficiency and securingsavings for the public sector. One of the main changes we discussed as a group was around widening representation.
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