The Procurement ClassRoom

NOVEMBER 23, 2024

Public procurement will either propel us toward the digital future Gates describes or hold us back with outdated processes and institutional inertia. To succeed, governments must embrace innovation, integrate cutting-edge tools like artificial intelligence (AI) and blockchain, and empower procurement teams to lead the way.

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Procurement Supply Chain E-procurement Public Procurement 59

Open Contracting Partnership

APRIL 4, 2025

Improving public procurement, which accounts for one in every three dollars spent by governments, is one of the core ways countries can do more with the same – or less. As theOpen Contracting Partnership, we support transformational procurement reforms in over 50 countries. How can the Bank leverage this opportunity?

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Procurement Collaboration E-procurement Procurement Team 52

ivalua

AUGUST 17, 2021

Procurement can and should be a significant value generator for the larger organization. There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: . Creating Value occurs when sourcing and procurement uses relevant sourcing processes and tools to engage and select the best fit supplier.

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Procurement Supply Chain E-procurement Procurement Team 52

The Procurement School

SEPTEMBER 15, 2023

These steps may not apply to every procurement but once completed they will inform the procurement strategy which then leads to development of procurement document. Needs analysis ensures an accurate understanding of the goods / services being procured.

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Procurement Bidder Procurement Strategies Evaluation 52

Tracker Intelligence

DECEMBER 30, 2024

By focusing on social value, governments demonstrate accountability and purpose. Anti-corruption policies further reinforce integrity in procurement, safeguarding public funds and fostering trust in government processes. Reporting results enhances accountability and assists in measuring the effectiveness of procurement strategies.

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Public Procurement Procurement Supply Chain Tender 52

ivalua

MARCH 9, 2023

Upstream covers all the strategic procurement activities such as spend analysis, sourcing, contract management and supplier management (which includes supplier information, risk and performance management). Downstream activities include e-procurement , purchase orders, invoice automation and accounts payable and payment processes.

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Supplier E-procurement Supply Chain Procurement 52

Oxford College of Procurement and Supply

MARCH 24, 2025

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. As of 2023, the US was the UKs largest single export market, accounting for approximately 21.7% For UK procurement professionals, staying informed and agile is key.

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Supply Chain Export Automotive Supplier 52